oboloo Glossary

Scenario Planning Framework

oboloo Glossary

Scenario Planning Framework

Scenario planning framework is an organizational tool that helps businesses to identify, assess, and prepare for future risks. By outlining multiple potential scenarios and the factors that could influence them, organizations can develop robust strategies for any outcome. Through scenario planning, businesses can work proactively to anticipate and mitigate risk, allowing them to remain competitive in changing markets and guide their decisions amidst uncertainty. In today’s increasingly fast-paced business world, a comprehensive scenario planning framework is essential for success.