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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