Why Scenario Planning is Important

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Why Scenario Planning is Important
KHOO Poh Hean, Principal, Malaysia, Member
Most companies have their methods for planning - Some good, some not so good. But most don't take time to do effective scenario planning. Do they believe it takes time off from the key activities of making money?
It's important that scenarios are well thought out so that we may be prepared for challenges and plan for eventualities.
 

 
Investment in Scenario Planning
Wilson Fyffe, Business Consultant, Singapore, Member
Dear Poh Hean, as the global uncertainties multiply, business and government leaders are more open to improved ways of thinking in this arena.
Scenario planning is in fact the way we naturally think, but we have not developed good tools to handle all the possible data combinations.
I have been working on this for several years now, ready to launch a workable system. If this is of interest, please contact me.
 

     
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