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Scenario Planning Preparing for the future during uncertain times. Masters Thesis 30 credits Masters Programme in Accounting and Financial Management Specialisation: Management and Control Department
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How to fill out scenario planning

01
Identify the focus area for scenario planning.
02
Gather relevant data and trends related to the focus area.
03
Identify key uncertainties that could impact the future.
04
Develop a range of plausible scenarios based on the uncertainties.
05
Analyze the implications of each scenario on your organization or project.
06
Develop strategies for each scenario to prepare for different outcomes.
07
Review and update scenarios regularly to reflect new information and changes.

Who needs scenario planning?

01
Organizations seeking to navigate uncertainty and risk.
02
Strategic planners and decision-makers within companies.
03
Businesses operating in rapidly changing industries.
04
Government agencies involved in policy-making and planning.
05
Non-profits and NGOs addressing complex social issues.
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Scenario planning is a strategic planning method that organizations use to create flexible long-term plans by imagining different future scenarios and analyzing their potential impacts.
Organizations that are involved in strategic planning, risk management, and future forecasting are often required to file scenario planning reports, particularly in regulated industries.
To fill out scenario planning, organizations should identify key drivers of change, develop various plausible scenarios, assess the implications of each scenario, and outline strategic options based on those implications.
The purpose of scenario planning is to prepare organizations for uncertainties and potential future events, allowing them to make informed decisions and strategies based on different possible outcomes.
Information reported on scenario planning typically includes the scenarios developed, analysis of potential risks and opportunities, strategic recommendations, and any assumptions made during the planning process.
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