Good strategy is focussed but not too narrow to become obsolete if the environment changes. Alas an endless stream of strategies need revisiting because the reality in which they operate has changed dramaticaly. Even worse, the losses accrue as managers are unaware of the changing environment - changes they are not even noticing, yet the strategy shows the beginnings of failure.
Using scenarios helps to formulate a better understanding of possible future environments and therefore to develop more resilient strategy. This is a way to "futureproof" your strategic and planning approach
We at Scenario Development have helped clients in Russia and he US to think about scenarios and use them to develop employment strategy and benefits.
Would you like to be contacted by one of our consultants for a conversation about how to use scenarios in strategy development?
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