Looking for a business tool that will help with your company's planning efforts and preparing for the uncertain future? NAED Members can now take advantage of the Scenario Planning Playbook. The playbook is in executive summary format and is designed as a “how-to” when starting your own company’s scenario planning exercise.
Scenario planning is a tool used by organization leaders to discover new strategic options for the future and to gain a deeper level of foresight than is typical in most strategic planning efforts. The purpose of scenario planning is to anticipate probable and possible futures and imagine alternate strategic responses to these futures. In this way, business leaders and managers can develop a kind of tool kit of alternate strategies to call upon when a particular future begins to emerge. In other words, you can be better prepared ahead of time.
Hear what Glen Hiemstra has to say about the importance of scenario planning.
Clarence Martin, CEO/CFO of State Electric Supply, talks about how they address changes at their business in this short video . No matter how much planning your company does, challenges and changes will arise and it's important to be as prepared as possible.
For more information on the scenario planning playbook, please contact Brian Peters, NAED region manager, at bpeters@naed.org or 888-791-2512.