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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.
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Source: Best Practices in Strategic Planning, Scenario Planning PowerPoint Slides: Scenario Planning PowerPoint (PPT) Presentation, LearnPPT
ABOUT THE AUTHOR: LEARNPPT
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
Utilize our consulting frameworks to apply structured thinking & analysis to address your business challenges, uncover strategic insights, and implement workable solutions. Our PowerPoint presentations follow traditional consulting slide design formats, starting with a clear slide headline. Easily customize and repurpose our slides for your own business presentations.
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