Grasping the Future : Comparing Scenario Planning to other Forecasting Techniques

Recently revised and updated. With the accelerated changes and innovations in technologies and business models, it has become more important than ever to possess powerful tools for understanding possible business futures. This paper shows the advantages of scenario planning as compared to 20 other techniques. Comprehension of the range of techniques is helped by categorizing the methods into five groups as well as comparing them along five dimensions.

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