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A Review of Scenario Planning Literature

Title: A Review of Scenario Planning Literature

Scientific Essay , 2004 , 16 Pages , Grade: 73%

Autor:in: Katja Kirsch (Author)

Business economics - General
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Summary Excerpt Details

Scenarios are increasingly popular within both companies and non-profit organisations. A wide variety of scenario characteristics and approaches has developed. In this paper a definition of the term scenario is given before exploring the different underlying assumptions and characteristics of, and approaches to scenario planning. It then goes on and identifies lacks in scenario theory to conclude with a future outlook of further research.

Excerpt


Inhaltsverzeichnis (Table of Contents)

  • Introduction
  • Definition of the term scenario
  • Towards a change in paradigm
  • Characteristics of scenarios and methods of scenario building
  • Scenarios as a strategic planning tool
  • Conclusion

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This paper aims to provide a comprehensive review of scenario planning literature, exploring its definition, characteristics, methodologies, and applications. It examines how scenario planning has evolved from a simple future outlook to a powerful tool for strategic planning.

  • Definition and evolution of scenario planning
  • Characteristics and methods of scenario building
  • The role of scenarios in strategic decision-making
  • Comparison of scenario planning with traditional forecasting techniques
  • Future research directions in scenario planning

Zusammenfassung der Kapitel (Chapter Summaries)

  • Introduction: This chapter provides an overview of the vast literature on scenario planning and its increasing use in various organisations and industries. It highlights the evolution of scenario planning from a simple future outlook to a strategic tool.
  • Definition of the term scenario: This chapter defines the term "scenario" and explores its different meanings across various fields, particularly within strategic planning. It discusses various definitions and emphasizes the importance of plausibility and internal consistency in scenario development.
  • Towards a change in paradigm: This chapter contrasts scenario planning with traditional forecasting techniques, arguing that scenario planning offers a more nuanced and holistic approach to future planning. It emphasizes the importance of considering multiple factors and their interrelationships.
  • Characteristics of scenarios and methods of scenario building: This chapter dives into the characteristics of effective scenarios, such as their plausibility, internal consistency, and focus on key drivers of change. It explores various methods for developing scenarios, including trend analysis, expert judgments, and participatory approaches.
  • Scenarios as a strategic planning tool: This chapter examines the practical application of scenario planning in strategic decision-making. It discusses how scenarios can help organisations to identify potential risks and opportunities, develop contingency plans, and improve their ability to adapt to changing circumstances.

Schlüsselwörter (Keywords)

Scenario planning, strategic planning, futures research, scenario methodologies, trend analysis, expert judgments, decision-making, organisational learning, future outlook.

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Details

Title
A Review of Scenario Planning Literature
College
University of the West of England, Bristol  (Bristol Business School)
Course
Developing Business Knowledge
Grade
73%
Author
Katja Kirsch (Author)
Publication Year
2004
Pages
16
Catalog Number
V36616
ISBN (eBook)
9783638361897
ISBN (Book)
9783638762007
Language
English
Tags
Review Scenario Planning Literature Developing Business Knowledge
Product Safety
GRIN Publishing GmbH
Quote paper
Katja Kirsch (Author), 2004, A Review of Scenario Planning Literature, Munich, GRIN Verlag, https://www.grin.com/document/36616
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