Scenario Planning Strategy

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'''Scenario Planning Strategy''' is a systematic and methodical way for organisations to define their future actions. It is considered as part of the <span class="plainlinks">[https://en.wikipedia.org/wiki/Strategic_management Strategic management]</span> tools, aiming to create a flexible plan based on which the organisation will benefit in the long term. Scenario planning came to revolutionise the way of thinking in terms of  <span class="plainlinks">[https://en.wikipedia.org/wiki/Decision-making decision making]</span>  under uncertain cirumstancies. According to Pierre Wack "''Scenarios deal with two worlds; the world of facts and the world of perceptions''"
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'''Scenario Planning Strategy''' is a systematic and methodical way for organisations to define their future actions. It is considered as part of the <span class="plainlinks">[https://en.wikipedia.org/wiki/Strategic_management Strategic management]</span> tools, aiming to create a flexible plan based on which the organisation will benefit in the long term. Scenario planning came to revolutionise the way of thinking in terms of  <span class="plainlinks">[https://en.wikipedia.org/wiki/Decision-making decision making]</span>  under uncertain cirumstancies. According to Pierre Wack "''Scenarios deal with two worlds; the world of facts and the world of perceptions''" <ref name="econo">.The Economist, "''Scenario planning''". Online article [URL: http://www.economist.com/node/12000755]</ref>
  
 
  More specifically,  
 
  More specifically,  

Revision as of 20:55, 11 September 2017

Scenario Planning Strategy is a systematic and methodical way for organisations to define their future actions. It is considered as part of the Strategic management tools, aiming to create a flexible plan based on which the organisation will benefit in the long term. Scenario planning came to revolutionise the way of thinking in terms of decision making under uncertain cirumstancies. According to Pierre Wack "Scenarios deal with two worlds; the world of facts and the world of perceptions" [1]

More specifically, 



Contents

Framework

Background

Context

Analysis

Reflection

Annotated bibliography

1. Winch, G. M. (2010), "Managing Construction projects". Second edition
Summary:

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