In today’s volatile business environment, companies face uncertainties that can impact their goals. Scenario Planning is a strategic tool to navigate these uncertainties by analyzing potential future scenarios against the company's base plan, ensuring resilience and agility.
It involves creating and comparing plausible scenarios to identify risks and opportunities. By envisioning different futures, businesses can develop strategies to mitigate risks and capitalize on opportunities, maintaining stability and achieving their objectives in uncertain conditions.
Theo Goutier (DOBILO Partner)
GOAL: To anticipate potential future events that could impact the business.
APPROACH: We collaborate with your team to identify key scenarios, drivers, and assumptions. This involves understanding various influencing factors to create a comprehensive set of plausible scenarios.
GOAL: To understand the consequences of each scenario on business operations.
APPROACH: We assess the impacts and likelihood of each scenario from both quantitative and qualitative perspectives, evaluating how different scenarios could affect operations, finances, and strategic goals.
GOAL: To ensure readiness and effective responses to potential scenarios.
APPROACH: We develop detailed contingency plans outlining necessary resources, decision trigger points, ownership, and high-level strategies. These plans prepare your organization to respond swiftly and effectively to any scenario.
GOAL: To align Scenario Planning with existing business processes for cohesive strategy execution.
APPROACH: We integrate Scenario Planning resolutions within your Sales & Operations Planning (S&OP) or Integrated Business Planning (IBP) processes, ensuring that scenario insights are incorporated into your regular planning cycles.
GOAL: To monitor and improve the effectiveness of Scenario Planning over time.
APPROACH: We help establish metrics to assess the effectiveness of your Scenario Planning process. These metrics enable continuous monitoring and improvement, keeping your planning efforts relevant and impactful
Together with Quo Mare (www.quomare.com) we have developed an interactive “Scenario Planning-tool” which is “boardroom-friendly” that allows teams to engage with the simulation process in real-time, simplifying Scenario Planning and facilitating better strategic discussions and decisions.
Real-time Simulation: We train your teams on using our "Scenario Planning-tool" for real-time simulation and analysis during meetings, facilitating quick, informed decision-making.
DOBILO Brochure: Your Pathway to Scenario Planning Success
Click here for the PDF Download