Thursday 1 August 2013

Scenarios can’t predict the future, so what’s the point?

The future is unknown as there are always changing variables which affects what will happen in the future.

Scenarios can't predict the future but they can give an idea of what the future could be like dependent on decisions made and this can then lead to a direction to be followed or show an impending impact, if that is how the future goes then there is already planning there to support it rather than being thrown in the deep end with no planning.

Scenario planning is helpful in more than just business, it is now being used in many other areas including academia, when we take this into consideration as well as the following information about scenario planning and Shell it shows that there is definitely a very valid point to scenario planning.

http://www.shell.com/global/future-energy/scenarios.html

Planning for the future is something that everyone does in their personal lives so adding the concept into another context makes sense, creating different scenarios within that context to help predict what could happen in the future can help to predict any possibility that may arise

1 comment:

  1. Hi Jennifer,

    Yes -- its refreshing to see the education sector (at least some institutions) integrating scenario planning into their operations.

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