Using Scenarios

3 Methods for Building Scenarios

An important challenge and opportunity in scenario planning is that there are different ways to build scenarios. Methods have evolved and developed over the years, and each involves different choices, philosophies, and intended outcomes. For example, it is easy to spend a few hours roughing out some scenario sketches, and these scenarios can be useful for certain purposes. It is also possible to spend eight months or more working out highly detailed and technically brilliant scenarios, complete with systems dynamics, economic modeling, and other analytic support pieces. To be clear, there is significant variation ...