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Using Scenario Planning to Reshape Strategy - Coggle Diagram
Using Scenario Planning to Reshape Strategy
Develop scenarios
Consider the environment
Four strategic question
What would digitalization look like in the future?
What factors would affect relations between employees and companies in 2040?
What conditions will determine the future of emerging markets?
How might technology pathways develop?
Five important characteristics to plan an scenario.
Scenario planning involves attending explicity to what is frame din and what is framed out when setting strategy.
Proposing a limited number of scenarios, scenario planning enables organizations to reperceive current and plausible future context.
Scenario planning relies on interative reframing and reception.
Everyone involved in and affected byt the process should be considered a learner.
Scenario planning is designed to explore differetn types of weak signals.
Four recomendations
Invest time and effort in preparing participants.
Help participants idenfigy the assumptions about the future that underpin their current strategy.
Be prepared to invest significant amounts of time and resources in the scenario planning process.
Remember that scenari plannng is an iterative process.
Process
Outcomes
Process
Outcomes