In a world of irrelevant budgets and inaccurate forecasts, scenario management has a vital role to play. Traditional planning approaches, which account for a single possible future, are no longer viable in a world dominated by uncertainty.
Instead, organizations must face the prospect of multiple futures, driven by an ever-changing business environment, beset by unpredictable events. It is only by adopting a fast and agile scenario management process that organizations can steer their way towards achieving their short and long term goals.
Organizations that implement scenario management framework are in a much better position to handle uncertainty.
At the webinar, we looked at the examples and key success factors for scenario management implementation.