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How can scenario planning be used in building an organization’s strategy? Are there certain industries that could...

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General Management

Howcan scenario planning be used in building an organization’sstrategy? Are there certain industries that could benefit more fromscenario planning than other industries?

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Scenario planning can be defined as making some specific assumptions about the future and how it is going to be and the changes to be expected in the business environment over time in light of the predicted future In fact scenario planning is a process of determining a certain combination of uncertainties various realities about the probable happenings in the future of a certain business This sounds quite simple and may    See Answer
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