This PPT slide, part of the 23-slide Scenario Planning PowerPoint presentation, outlines a structured 9-phase process for scenario planning, emphasizing its importance in strategic decision-making. Each phase is clearly numbered and titled, providing a logical flow from defining the scope of scenarios to describing the final scenarios in detail.
The first phase involves defining the scope and content of scenarios, which includes identifying strategic options and developing strawman models. This foundational step is crucial as it sets the parameters for the entire planning process. The second phase focuses on identifying the key Axes of Uncertainties, which are essential variables that could impact the business landscape.
Next, the process requires ranking these critical uncertainties based on their importance and potential impact. This prioritization helps in concentrating efforts on the most significant factors. The fourth phase involves determining outcomes for the primary Axes of Uncertainties, ensuring that all relevant secondary ones are also considered. This comprehensive approach allows for a more nuanced understanding of potential future states.
Generating logical combinations of outcomes follows, which is vital for exploring various scenarios. The sixth phase is about outlining these scenarios, effectively naming and structuring them into a coherent framework. Checking for robustness comes next, where the initial scenarios are validated against real-world conditions to ensure their feasibility.
Finally, the last phase involves describing the scenarios in detail, preparing future storylines that include key indicators, economic parameters, and strategic responses. This thorough approach not only aids in anticipating potential challenges, but also equips leaders with the insights needed to navigate uncertainties effectively. The structured nature of this process can significantly enhance strategic planning efforts.
This slide is part of the Scenario Planning PowerPoint presentation.
This presentation is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. Explains a framework used by global strategy consulting firms to conduct Scenario Planning analysis and Scenario Planning workshops.
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