Scenario planning is a strategic tool used to anticipate and prepare for multiple plausible future environments.
It is critical that scenario planning incorporatesa range of possible future situationsrather than limiting itself to only the most likely or obvious ones. This allows organizations to remain flexible and resilient amid uncertainty. Including every individual in the organization is neither practical nor necessary; rather, the process should be led by skilled planners analyzing diverse future conditions. The IASP SPP framework highlights scenario planning as a method to enhance strategic thinking by expanding awareness beyond a single forecast, enabling proactive rather than reactive strategy development.#IASP SPP Study Guide - Scenario Planning##Schoemaker, P."Scenario Planning"#