DESCRIPTION
Scenario Planning, also called Scenario Thinking or Scenario Analysis, is a Strategic Planning technique used to anticipate and prepare for potential future events and their impact on an organization, so that organizations can make flexible long-term plans.
Scenario Planning involves creating a set of plausible scenarios or narratives that depict different future situations, which may be influenced by various external factors such as economic trends, technological advancements, social changes, or political developments. The purpose is to explore a range of possible futures and develop realistic, practical strategies to adapt and thrive in each scenario.
Scenario Planning is a useful strategic framework for executives, because it helps them avoid being caught off guard by unexpected events or trends. By envisioning different futures, decision makers can identify potential risks, opportunities, and uncertainties and make more informed strategic choices. Some benefits of Scenario Planning include:
• Enhances strategic foresight
• Improves decision making
• Facilitates Risk Management
• Stimulates Innovation
• Enhances adaptability & flexibility
• Facilitates communication & alignment
This PowerPoint presentation describes a 9-phase process for Scenario Planning, and shows how to apply this process to a workshop environment.
Each of these 9 phases of Scenario Planning is described in detail, including key activities and execution methodologies. Additional concepts, frameworks, and tools covered include the Uncertainty Outcome Matrix, Whiteboarding, Scenario Maps, among others.
Many organizations conduct off-site Scenario Planning Workshops as part their annual Strategic Planning & Strategy Development process. This presentation also discusses facilitation tips for Scenario Planning Workshops.
The document provides a comprehensive breakdown of the Scenario Planning process, emphasizing practical execution methodologies such as executive interviews, focus group discussions, and management team surveys. It highlights the importance of defining the scope and context, clustering uncertainties, and generating plausible outcome combinations. The use of whiteboarding sessions to prioritize uncertainties and facilitated group discussions ensures that all critical uncertainties are addressed. The presentation also covers the development of detailed qualitative descriptions and the tracking of key indicators for each scenario. This resource is designed to accommodate various group sizes, making it versatile for different organizational needs.
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Source: Best Practices in Strategic Planning, Scenario Planning PowerPoint Slides: Scenario Planning PowerPoint (PPT) Presentation, LearnPPT Consulting
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