What is it?
Scenario planning provides a structured method for managers to evaluate alternative views of what may happen in the future as an aid to strategic, operational, and financial planning. Scenario planning focuses largely on answering three questions:
What could happen?
What would be the impact on our strategies, plans and budgets?
How should we respond?
Like many planning tools, such as strategic and tactical planning, scenario planning has its origins in the military. The adoption of scenario planning