answersLogoWhite

0

Scenario planning is the process of constructing alternate futures of a business' external environment. The goal is to learn to use these alternative futures to test the resiliency of today's action plan.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

How will you relate high road low road scenario to finanancial planning?

example of A high road financial scenario


Compare and contrast scenario planning and project management with particular emphasis on the implications of these techniques for the manager and the organization?

Compare and contrast scenerio planning and project management


What has the author Nicholas C Georgantzas written?

Nicholas C. Georgantzas has written: 'Scenario-driven planning' -- subject(s): Risk management, Strategic planning


Two most common types of contemporary planning techniques?

You have been asked by your manager to conduct a preliminary search of recommending the two most common types of contemporary planning techniques - Project Management and Scenario Planning.


What has the author Woody Wade written?

Woody Wade has written: 'Scenario planning' -- subject(s): Business forecasting, BUSINESS & ECONOMICS / Insurance / Risk Assessment & Management, Strategic planning


What is project management and scenario planning?

What is meant by project management and how it diffiers from the management of a typical functional department within the organisation


What does Muppets stand for?

I checked on the internet and all I got was Multi-UAV Path Planning for Emergent Target Scenario


What is the concept of scenario planning?

Scenario planning is a strategic management tool used to envision and prepare for various future possibilities by exploring different scenarios that could impact an organization. It involves identifying key uncertainties and trends, then developing detailed narratives about potential futures based on those factors. This approach helps organizations to anticipate changes, adapt their strategies, and make informed decisions, rather than relying solely on linear projections. Ultimately, scenario planning fosters resilience by encouraging flexibility and innovative thinking in the face of uncertainty.


What is the meaning of word scenario in tagalog?

The word "scenario" in Tagalog is translated as "senaryo." It refers to a specific situation, event, or sequence of events that can occur in a particular context. This term is often used in discussions about planning, storytelling, or analyzing different outcomes.


What has the author Walter K Vivrett written?

Walter K. Vivrett has written: 'The scenario for Minnesota's experimental city' -- subject(s): City planning


What is the importance to a growing business of human resource planning in an organisation?

it helps to a growing business because as HR mainly focus on the current scenario and develop it in the future.


Is a what-if analysis tool that allows you to record and save different sets of what-if assumptions used to forecast the outcome of a worksheet model?

The Scenario Manager.The Scenario Manager.The Scenario Manager.The Scenario Manager.The Scenario Manager.The Scenario Manager.The Scenario Manager.The Scenario Manager.The Scenario Manager.The Scenario Manager.The Scenario Manager.

Trending Questions
Who is the CEO maruti udyog ltd? What are the key differences between agile and predictive project management methodologies and how do they impact project outcomes? Why is information system looked upon as a strategic need of management today? Why database administration is important to organisations? What are the reasons why managers should understand the different schools of thoughts on management? Which statements are true of the relationship between project life cycle stages and the phases in a project? What is labor planning? What is the link between macro human resource planning succession planning and internal recruitment? How does 'armchair error' affect the organisation? An individuals ability to evaluate a situation at work? When a manager secures the agreement of a colleague to work on a project in return for the promise of providing the colleague with some extra remunerationwhat type of power is he or she exercising? What is the difference between a managers cheque and a dd? Which of these is successful time management strategy? Why is it important for managers to understand the external forces that are acting on them and their organization? Why do management analysis and practice require a systems approach? What is the gap's mission statement? What is a four step process that involves plans and procedures tests training and exercises evaluations after-action reports and lessons learned development of corrective action plans? Define management aspect? What criteria might you use to determine whether an organization's management subscribes most most closely to the invisible hand hand of government or hand of management? What are the examples of management as a science?