scenaric planning

Scenario planning is a strategic method used by organizations to imagine different possible future scenarios. It involves identifying key uncertainties and developing multiple plausible stories or "scenarios" about how the future might unfold. By exploring these scenarios, organizations can better prepare for various possibilities, adapt their strategies, and make more informed decisions. It's like considering different "what-if" situations to ensure resilience and flexibility in an uncertain world, rather than relying on a single forecast. This proactive approach helps organizations anticipate risks and seize opportunities in a changing environment.