Why is scenario planning important in business or in the workplace? How is scenario planning different from strategic planning? Explain it clearly so that I can easily understand. And also give example.
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- Why is scenario planning important in business or in the workplace?
- How is scenario planning different from strategic planning?
Explain it clearly so that I can easily understand. And also give example.
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- Why scenario planning is one of the most useful tools in strategic management and organization development?How can managers use scenario planning to inform their planning decisions?How can organizations use scenario planning to prepare for uncertainty and potential future challenges? What are the potential benefits and drawbacks of this approach?
- What are some common tools and techniques used in the planning process, such as SWOT analysis, PESTEL analysis, and scenario planning?Why do most definitions of planning indicate the need to make choices between future options?What are the ethical considerations in planning? Discuss the importance of ethical decision-making in the planning process and how organizations can ensure integrity, transparency, and fairness in their planning efforts.