Scenario planning helps organizations manage uncertainty by providing alternative views of the future against which strategies, tactics and budgets can be tested. Done well, the approach incorporates scenarios into business management processes on an ongoing basis. Scenario planning becomes a tool, not just for avoiding risk, but for identifying and seizing growth opportunities.

The benefits of scenario planning are numerous, whether it involves a simple sensitivity analysis or a more formalized storyline-based scenario. This white paper outlines the major benefits of scenario planning, as well as:

• proven methods for overcoming common hurdles
• required structural elements
• recommendations for getting started

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