Integrated Scenario Planning -- Driving a Better Understanding of Risks & Opportunities
Scenarios have and will always exist because the only thing that is constant is change. As a result, we must always ask “What If” questions to create plans that adapt and adjust to those changes.
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To be effective, these plans must be integrated across the entire supply chain and the entire business. Integrated Scenario Planning is a business imperative. ISP answers the question “What If?” and enables leadership teams to consider what future events are probable and significant, what the business impact would be, how to respond to or benefit from a given situation, and how to plan the “Then” action initiated by Trigger Points. Like a world-class chess player, scenario planning allows you to anticipate moves and counter moves to visualize how the “game” will play out and adjust your strategy and plans before the game begins! |
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