Newsletter Article
Member Benefit
Wild Card Scenarios Improve Strategic Planning
Most organizations use a strategic planning process that includes scenarios of what might happen in the future that would affect how the organization operates. However, one weakness of these scenarios is that they often fail to recognize how truly chaotic the world can be. Therefore, when the world changes in an unexpected way (and it will), th...
Wed Jul 02 2003
Most organizations use a strategic planning process that includes scenarios of what might happen in the future that would affect how the organization operates. However, one weakness of these scenarios is that they often fail to recognize how truly chaotic the world can be. Therefore, when the world changes in an unexpected way (and it will), the strategic plan is useless because it doesn't provide any guidance on how to act.