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Scenario planning

R
Rohit Agarwal

Scenario planning involves making assumptions about potential futures and how a business's environment may change over time based on those futures. It involves identifying key uncertainties, developing plausible scenarios based on different combinations of uncertainties, and discussing the implications of each scenario to reconsider business strategy and define appropriate actions. A free scenario planning workshop will be held on June 24th to facilitate the process, or companies can conduct scenario planning independently using online resources.

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SCENARIO PLANNING WHY? WHAT? HOW?
Scenario planning is making assumptions of what the future is going to be and how your business environment will change overtime inlight of that future. -Identify a set of uncertainties(different realities) - Identify timeline - Determine set of actions SCENARIO PLANNING
WHY? Now After Crisis Uncertainty Confusion Identify Action-planAnalyse
WHAT? Identify Driving Forces Identify Critical Uncertainties Develop Plausible Scenarios Discuss Implications & Paths Discuss the big shifts due to the current crisis. How does it affect your company? Pick two most impactful uncertainties that affect you Map the two uncertainties as high and low on two axis. You have 4 future scenarios Discuss implication of each scenario and reconsider your strategy to define your action-plan
HOW? Join a FREE facilitated Scenario Planning Workshop on the 24th of June at 11.00 AM CET. Register at linkedin.com/company/firstloop Get a tailor-made facilitation based on your organised needs. Contact us at info@firstloop.se Read for yourself and DIY: https://www.smestrategy.net/blog/what-is-scenario-planning-and-how- to-use-it

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Scenario planning

  • 2. Scenario planning is making assumptions of what the future is going to be and how your business environment will change overtime inlight of that future. -Identify a set of uncertainties(different realities) - Identify timeline - Determine set of actions SCENARIO PLANNING
  • 4. WHAT? Identify Driving Forces Identify Critical Uncertainties Develop Plausible Scenarios Discuss Implications & Paths Discuss the big shifts due to the current crisis. How does it affect your company? Pick two most impactful uncertainties that affect you Map the two uncertainties as high and low on two axis. You have 4 future scenarios Discuss implication of each scenario and reconsider your strategy to define your action-plan
  • 5. HOW? Join a FREE facilitated Scenario Planning Workshop on the 24th of June at 11.00 AM CET. Register at linkedin.com/company/firstloop Get a tailor-made facilitation based on your organised needs. Contact us at info@firstloop.se Read for yourself and DIY: https://www.smestrategy.net/blog/what-is-scenario-planning-and-how- to-use-it