It is useful to remember that scenario planning, when done systematically can certainly drive a strategic mindset within a company and enable informed risk management and strategic focus.
I found an interesting article in The Wall Street Journal noting how companies are once again turning their attention to scenario planning. The article describes how scenario [...]

In a recent interview conducted by the McKinsey Quarterly with Nassim Nicholas Taleb (Taking improbable events seriously: an interview with the author of the Black Swan - Number 1, 2009) link, the author shared some less than flattering views on scenario planning and other prevalent financial and management techniques. This interview prompted a response [...]

Michael Mavaddat, DSI Executive Vice President, described a scenario planning project he managed from 1997 in which the client developed a scenario that describes current events with a surprising level of accuracy. They named the scenario “Global Malaise” and here is a more detailed description of the scenario.
Below is a slideshow Michael has used [...]

The goal of scenario planning is to better prepare your organization for future shocks. Dr. Paul Schoemaker gives an example of a DSI client who’s 2004 scenario planning exercise included a future scenario that anticipated the type of financial market turmoil we are now experiencing.
The client was a building supply company. They labeled [...]

Dr. Paul Schoemaker discusses the costs and benefits of scenario planning. As he notes, the costs can be relatively minor because scenario planning can be added into a company’s routine strategic planning process. The benefits grow as environmental uncertainty grows. Scenario planning helps executives “see around the corner”. It helps them [...]