What If...? Exploring Cause And Effect In Business
Scenario planning improves decision making and strategic
thinking. Denis Burn describes the process.
Some people liken scenario planning to 'rehearsing the
future'. Others talk about the 'entrepreneurial power of
creative foresight'. In less flowery terms, scenario planning
helps businesses to spot good opportunities and to make decisions
that will be more resilient in uncertain times.
Scenario planning was pioneered by Shell in the 1960s but since
then – a time of rapid change, increasing complexity and
rising levels of uncertainty – the technique has been
widely adopted.
Offering a number of benefits, it now underpins the plans and
decisions of many businesses. Benefits include the following.
Decisions based on scenario planning are more resilient because
cause and effect have been rehearsed.
The process builds effective teams. It is creative and
enjoyable, it exposes and...
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