Abbreviated Scenario Thinking Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

Scenario development is a time and resource-intensive process that not all companies are to take at any time. Thus, this article will offer a shortened process of thinking a script that uses the published scripts from government and industry sources, to allow companies to make strategic decisions based on results. Scenarios stories that describe possible futures in which to compete 5, 10 or 20 years. They allow people to check for possible action, playing them in three or four different ways. The scenarios are based on the plausible consequences of events, environmental forces, and the players, as they occur in time, and create a model of the future, which may have significantly different effects on policy decisions. Thus, the scenarios are important for leaders and managers in the 21st century as they develop competitive strategies. Using Abbreviated thinking scenario, managers use the published global scenarios to analyze the driving forces that affect their organizations, asking "What if?" as a starting point for scenario planning. This can be useful before the formal script is written. "Hide
by Kathleen Wilburn, Ralph Wilburn Source: Business Horizons / Indiana Univ. 10 pages. Publication Date: November 15, 2011. Prod. #: BH454-PDF-ENG