How to do Scenario planning

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Here are 8 points to get to the point on how to do scenario planning.

1. Identify uncertainties and the critical factors that could significantly impact your future.

2. Create a set of distinct but realistic scenarios based on different combinations of the identified uncertainties.

3. Engage stakeholders to gain a comprehensive and well-rounded view of potential scenarios.

4. To do scenario planning analyse the potential impact of each scenario on your organisation.

5. Define events or metrics that will signal unfolding scenarios.

6. Keep scenarios up-to-date and relevant.

7. Create flexible adjustable plans to align changing conditions of each scenario.

8. Share findings so everyone understands and is prepared for the potential challenges and opportunities.

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