Scenario Planning Literature Review

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a chosen collections of v CHAPTER 2: Literature Review Scenario Planning Scenario planning is actually a method as well as a posture. It is a fundamental way through which scenarios are created and then further utilised in the organisations. After Scenario planning is scenario planning is a method of thinking critically about change and maintaining new perceptions in the organisations. It is a path of learning and exploring the future so that the higher authorities might greet it better-prepared (Peterson, 2003). Scenario planning is an essential planning technique, which is utilised to make flexible long-term and sophisticated plans. It is a method for searching about the future by understanding the complications of nature and effects of…show more content…
Systems thinking theory can be elaborated as an approach to difficulty solving and by considering "problems" as part of a system. Segne’s fifth discipline theory focuses on group issues solving using the systems thinking technique (Chermack, 2004). Moreover, the three paradigm of strategic planning include the organisation and its ecosystem, the organisation and its future and the business ecosystem along with the future. Curriculum theory (CT) is a fundamental discipline related to analysing educational curricula. The theory about creativity relates to an important model of the social and psychological components, which are essential for an individual to develop creative work Purpose of Scenario Planning Scenario planning facilitates a proper chance of different perceptions about the future of any organisation and this helps in evaluating the strategic decisions which are taken for the best results (Chermack, 2001). They challenge the higher authority to revisit its observations about their own industry and consider a huge range of the possible outcomes about the industry’s future. This outcome in the search of a huge and broader aspects of the future growth and aspects of the industry. The major purpose of scenario developing is to create and develop test strategic…show more content…
There are usually three key quality criteria that have been engaged informally from the scenario literature (Chermack, 2005). These criteria condition that any provided scenario must be important, challenging, and plausible for it to be beneficial and elicit buy-in from managers. These quality criteria have been arranged in a peculiar order to provide importance to a technical and logical structure in case of scenario
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