This document shows you step-by-step how to apply the technique of scenario planning to the challenge of foreseeing the specific business terrain that may become your new operating environment when the virus has finally been beaten and we emerge into a new post-Coronavirus world.
Since early 2020, the Covid lockdowns and their resulting limitations on how business could be conducted have forced us all to rethink methods and processes, reexamine our true needs, and find (or invent) new ways to get things done. In general, inventiveness is a good thing. But in the Covid world, this resourcefulness has had an enormous, (mostly) unintended consequence: namely, the many "temporary fixes" that we have put in place have been reshaping our operating terrain ? possibly permanently. Almost everything has undergone a reset, and it's doubtful that, once reset, things will return to the way they were in 2019.
The result is being called a "New Normal", i.e. an uncharted business landscape in which we will now have to operate and succeed that will be different from the pre-Covid world. But HOW will it be different? There is no one-size-fits-all New Normal. For every industry, every market, every organization, it will be different.
It is critically important to try and understand how this new terrain could look for you, so you can make timely strategic decisions about adapting to the new conditions.
Scenario planning is an excellent method for foreseeing how different your future landscape might be (realistically). This document shows you how it works.
This PPT also delves into the critical uncertainties and driving forces shaping the post-Covid landscape, offering a robust framework for scenario planning. Gain actionable insights to navigate the complexities of the new business environment and stay ahead of the curve.
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Source: Best Practices in COVID-19, Scenario Planning PowerPoint Slides: Scenario Planning for a Post-Covid World PowerPoint (PPTX) Presentation Slide Deck, Woody Wade
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