Ancillary Benefits of Scenario Planning
Dr Gary Jones, Business Consultant, Australia
As in any theory and or hypothesis, there are streams of other theories and hypothesis sitting behind them. New works mostly have academic articles, theories/schools of thought and models to support their theories. Scenario planning and its implementation (strategic management) should be mapped out when the scenario is planned. This then needs to be measured on how successful the implementation was e.g. balanced Scorecard.
There are many uses and secondary benefits that can occur around scenario planning such as:
- Being a conduit to organisational planning,
- Defining drivers of change,
- Developing frameworks of change, and
- If you include the staff in the compilation of the scenario - less resistance to change will occur if the scenario plan needs to be implemented.