We look out into the future, trying our best to make wise decisions, only to find ourselves staring into the teeth of ferocious and widespread uncertainties. The future is complex, uncertain and not in our control, but the future is where the strategies we enact today will lead us.
Prediction is impossible.
And even most multiple forecasts turn out to be inadequate in retrospect. However, future thinking is the key to long term prosperity and to maintaining and improving a company's competitiveness and wealth creating ability. Scenarios are one tool that can help organisations take account of the future in their strategic planning and to make big, hard decisions more effectively. Scenario planning provides a mechanism for organisations to consider several possible outcomes for the future. By considering multiple futures, scenarios help us to address different types of uncertainty.