6 steps for using scenarios in strategic planning (info graphic)

I have been doing a lot of work with scenarios lately, and so I compiled an info graphic outlining the key steps to using them for strategic planning.

The 6 steps are:

1. Scenarios are plausible stories about how the future might unfold.
2. Use a PESTEL analysis to identify uncertainties in your future.
3. Build an Impact/Uncertainty matrix to identify scenario drivers.
4. Create a 2X2 matrix of the highest impact/highest uncertainty drivers.
5. Forecast your business plan within each scenario to identify problems and opportunities.
6. Evaluate your strategic options against each scenario for robustness.

I hope you enjoy the info graphic below. Please let me know what you think in the comments below the post.

See also:

• Scenario planning for business strategy