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Wild Card Scenarios Improve Strategic Planning

Wednesday, July 2, 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.

One way to improve the strategic planning process is to consider w

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