Scenario planning is an invaluable business tool that allows managers to explore various possible futures and plan accordingly. It’s a method of predicting future outcomes based on the analysis of events and trends in the present, thus enabling more agile responses to change. Through scenario planning, businesses can identify potential risks and opportunities in advance and develop strategies that maximize their chances of success. With this powerful model, organizations can build “what if” scenarios, think critically about how they might respond to unexpected developments, and create contingency plans that will lead to better decision-making and improved business results.