Scenario planning: Applying a six-step process to your organization – Guideline
Learn to make organizational decisions in uncertain, unpredictable and volatile environments. This guideline walks you through the six necessary steps to implement a robust decision-making model.
Do you need help to better visualize your organization’s future? Do you work in a complex, fast-moving environment? Scenario Planning: Guideline will help you determine how to respond in a variety of situations. As a valuable addition to your risk management process, this guideline outlines how to reach an optimal balance between risk appetite and return.
You will also learn about:
- the four types of scenarios
- a scenario-planning work approach
- external drivers and internal variables
- three common approaches to defining scenarios
- risks and mitigation strategies
- additional resources