148 Navigating Strategic Decisions: The Power of Sound Analysis and Forecasting
16. Obtaining project team and senior management buy-in on the inputs used in the scenarios
and conducting simulations, hypothesis testing, sensitivity and “what-if” analyses, and
sanity checks
17. Generating scenario forecasts, obtaining NPD forecasts from other sources, and combin-
ing them according to condence of realization in each
18. Identifying forecast risks, their sources, implications, and ways to handle them and initiat-
ing the future-state realization (FSR) planning effort
19. Examining the differences in future-state projections between the rst and the current set
of forecasts and validating the reasons for them
20. Developing a consensus view ...