Scenarios in Strategic Planning - How to Align Scenarios with Overall Strategy

In this video, we’ll talk about scenarios as one of the tools for strategic planning. We'll discuss different types of scenarios and the way scenarios help formulate strategic hypotheses.

00:00 Introduction
00:20 What is scenario planning?
01:02 Overview of the scenario planning diagram
01:50 Finding driving forces with PESTEL
03:19 Step 1 - Breaking down driving forces into uncertainties
04:20 Step 2 - Describing scenarios. Types of scenarios.
05:41 Step 3.1 - Business continuity scenarios
08:09 Step 3.2 - High-priority scenarios
09:40 Step 3.3 - Scenarios for monitoring
12:26 Business resilience
13:19 How to get started

Reference articles:

Scenarios in Strategic Planning: Full Guide with Examples

An Example of Using PESTEL Template for Strategic Planning

Five Forces Analysis for a Strategy Scorecard

Cybersecurity Scorecard with KPIs for Data Security and Data Protection