How Scenario Planning Improves Forecasting by Reversing Cause and Effect
Scenario planning is not forecasting but it can help generate valuable insights into the future that numerical models cannot uncover.
Scenario planning is not forecasting but it can help generate valuable insights into the future that numerical models cannot uncover.
The strategic decisions that corporations have to make are of mind-numbing complexity. But we know that the more power you give to a single individual in the face of complexity and uncertainty, the more likely it is that bad decisions will be made.
— James Surowiecki, The Wisdom of Crowds