Scenario Planning Workshop

Company Customized Workshop

How can a company effectively plan for a future full of uncertainty? Forecasting only extrapolates on current knowns; it excludes uncertainty and plans for just one future. Scenario Planning, on the other hand, is a strategic planning method that enables companies to create flexible, long-term plans for any future – to prepare them for any uncertainty.

In MIT-CTL’s Scenario Planning Workshop, executives are presented with a set of scenarios – each a specially constructed model of a distinct, plausible view of the future. The purpose is not to pinpoint future events, but to highlight large-scale, driving forces that push the future in different directions. By working within the bounds of these scenarios, they are able to think productively about contingencies and alternatives. They will learn to work with uncertainty rather than try to eliminate it from forecasts, and through these exercises develop a more robust strategy to identify and confront future challenges.

Contact CTL's Dr. Mahender Singh for more information.

"The major learning for me was the methodology –a logical way for me to execute scenario planning within my company.   And I am already applying what I’ve learned."

"The workshop allowed me to think about future planning beyond forecasting.  I can now look at long-term future planning in a way that addresses uncertainty."

"Starting next week, we’re doing scenario planning here at Target.  We hope our scenarios will help us think more broadly – more outside the box."
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