Scenario Planning
The concept of scenario planning involves deriving a probable future situation, usually achieved through consistent description of one possible future outcome. Many researchers and other professionals attribute the process of scenario planning with a number of advantages, and highlight different approaches that can be utilized in deriving future scenarios. This paper seeks to evaluate the existing literature regarding scenario planning, the process of undertaking scenario planning, and the associated advantages.Specifically, the paper will evaluate the effects of communication technological advancements on the process of management. The development of future scenarios helps an organization to focus on how the process ...