Scenario planning is a tool that we use when clients are faced with a range of possible future situations or outcomes. This can occur when entering a completely new market, or if a major economic, political, social shift is in progress. Right now in the UK, most large firms with the budget and multidisciplinary teams have developed a series of scenarios around the uncertainty of Brexit. Some have even started to put their ‘no deal’ action plans in place.
“nobody can know for sure the consequences that will follow... a path of deep and grave uncertainty” Theresa May, 15 November 2018
But what about the SMEs out there that don’t have these resources available to them? Is it too late? As ever, our approach is practical, pragmatic and tailored to your business.
Step 1. Trend identification – desk-top research and stakeholder interviews to understand the long list of trends likely to affect your business.
Step 2. Scenario Planning Masterclass to prioritise the trends, and develop a plausible picture of the future with specific factors unique to your business that will contribute to its short/medium term success.
Step 3. Close out report and recommendations for future growth.
If you would like to explore how scenarios could lead your business to a successful future, talk to us for a free no-obligation quote.