What Functional Leaders Should Know About Scenario Planning

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The COVID-19 pandemic has triggered a wide range of strategic planning activities. As the focus turns largely to recovery and renewal, functional leaders are increasingly pulled into enterprise conversations about likely outcomes when the way forward is neither clear nor certain. They also have to plan for a range of potential outcomes for their own functions. 

Scenarios are compelling descriptions of possible futures — not necessarily the most probable ones, but plausible, coherent and substantially different ones

“Business models are evolving frequently, particularly as executives consider which pandemic-related trends will become permanent. This requires a prompt shift in

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