Tools & Techniques

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Title: Tools & Techniques

Essay Details:

Subject: Psychology

Author: Loretta L

Date: July 18, 2011

Level: University

Grade: C

Length: 5 / 1288

Essay text:

This paper explains the nine steps involved in scenario sketching. The steps include the first step as identifying the major issues all the way to step number nine, act in a timely and appropriate manner. (Werff, 1995) Goals of Scenario Planning The goal of scenario planning is to enrich management's thinking, perceptions of reality, and modes of decision making when addressing important issues in the face of uncertainties. Scenario Planning Steps Scenario development is as much art as science. It sounds easy when describing, but it is a bit messier to accomplish! First, specify the major issue or decision you are facing, for instance, sitting of a new plant, entering into a global alliance, developing the company's grand strategy, or revamping product distribution channels...

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