In an increasingly volatile world characterized by tumultuous change and sweeping transformations of the business environment, business leaders and policy makers need a set of strategic planning tools that can enable an organization to perceive and react effectively to change. Traditional forecasting methods that base future predictions on past actions and present narrow, monolithic views of the world are unequal to this task. Scenario-based strategic planning incorporates a broad range of views into a flexible, dynamic process that aligns stakeholders and offers them the perspective and foresight to make better strategic decisions—both now and in the future. Read more…