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Scenario Analysis

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May 1, 2024 Updated May 10, 2025 22 minute read
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Scenario analysis is a strategic planning method that organizations use to explore and prepare for a range of plausible future outcomes. It involves identifying key uncertainties and driving forces, and then constructing multiple, distinct "scenarios" or stories about how the future might unfold. This process helps decision-makers test the robustness of their strategies, identify potential risks and opportunities, and enhance their ability to adapt to change. Rather than predicting a single future, scenario analysis acknowledges inherent uncertainty and aims to build resilience and flexibility into an organization's plans.

Path to Scenario Analysis

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We've curated 12 courses to help you on your path to Scenario Analysis. Use these to develop your skills, build background knowledge, and put what you learn to practice.
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Reading list

We've selected four books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Scenario Analysis.
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The Geometry of Strategy
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Provides a comprehensive guide to scenario planning, including how to develop and use scenarios to anticipate future events and make better strategic decisions.
The Geometry of Strategy: Concepts for Strategic...
Paperback
$$
The Geometry of Strategy: Concepts for Strategic...
Kindle Edition
$$
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Creating Better Futures
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Provides a practical guide to using scenario planning to envision different futures and develop strategies for success.
Creating Better Futures: Scenario Planning as a...
Hardcover
$$$
Creating Better Futures: Scenario Planning as a...
Kindle Edition
$$$
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Foundations of management
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Provides a Spanish-language guide to uncertainty and strategy, including how to use scenario planning for decision-making.
Foundations of management
Kindle Edition
$$
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Management Accounting, 6e
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Provides a simple and easy-to-understand guide to scenario analysis, making it accessible to a wide range of readers.
Management Accounting, 6e (UK Higher Education OUP...
Kindle Edition
$$$
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