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Essay text:
An earlier paper discussed how strategic planning could help the organization take the necessary steps to recover from their situation. In this paper another type of planning is going to be described, scenario planning. Simply stated, scenario planning offers the organization a means to act more quickly and decisively when some future event or crisis occurs. As discussed in the strategic planning paper, when things need to be turned around in an organization, all alternative ways of planning and responding to changing needs must be evaluated. Basic assumptions in this organization to drive all planning processes are: (a) change is inevitable, (b) the business environment is evolving, (c) technology will play a major role in both defining needs and shaping solutions in the future, and (d) improvements will benefit the organization profitability...
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