A typical scenario planning template includes the following components:
Here is a sample scenario planning template:
Future Time Horizon:* * 5 years Drivers of Change: * Technological advancements in AI and robotics * Changes in consumer behavior due to demographic shifts * Government policies on climate change and sustainability Scenario Titles: - “The Digital Revolution” - “Sustainable Energy Boom” - “Global Economic Downturn” Scenario Description: - “The Digital Revolution”: By 2025, AI and robotics have become ubiquitous in the industry, leading to increased efficiency and productivity. Consumer behavior has shifted towards online shopping, with many preferring the convenience of e-commerce. - “Sustainable Energy Boom”: The government has implemented strict regulations on carbon emissions, driving the adoption of renewable energy sources. As a result, companies are investing heavily in sustainable infrastructure and technology. - “Global Economic Downturn”: A global recession has led to reduced consumer spending and decreased demand for products. Key Indicators: * Revenue growth * Market share * Customer satisfaction Implications: - “The Digital Revolution”: * + Increase investment in AI and robotics * + Develop e-commerce capabilities * + Shift marketing focus towards digital channels - “Sustainable Energy Boom”: * + Invest in renewable energy infrastructure * + Develop sustainable products and services * Focus on reducing carbon footprint - “Global Economic Downturn”: * + Reduce costs through cost-cutting measures * + Prioritize cash flow management * + Diversify revenue streams Action Plan:**
This scenario planning template provides a structured approach to imagining different future scenarios, identifying key drivers of change, and developing strategies for each scenario. By using this template, organizations can prepare for a range of potential outcomes and make informed decisions about their future direction.