Scenario process key elements Although there are different schools for generating scenarios, there is a rather good consensus about the key process elements in scenario planning. This article reviews these main steps in producing scenarios for an organisation. Like in any other project, the planning starts by defining the scope and targets for the scenario
Welcome- Themes
- Introduction to forest-based bioeconomy
- Wood products
- Natural fibre products
- Man-made bio-based fibre products
- Bio-based nanomaterials
- Recycled fibre
- Pulping and biorefining
- Energy and biofuels
- Biomass chemistry and physiology
- Material testing and product properties
- Forests and other biomass resources
- Supply chain
- Process control and automation
- Asset management
- Business and investment planning
- Environmental control and management
- Learning paths
- Other resources
- Tools
- Contact
- Profile
Scenario process key elements
After reading this article you will..
- Know the main phases in the scenario process
- Understand how tentative scenarios can be created based on key trends, events and uncertainties
- Understand how final scenarios are tested and used in action-planning
- Know what leading indicators are and why they need to be chosen and quantified
Content
Business and investment planning
- Investment project fundamentals
- Business and investment planning in the forest industry
- Conceptual phase
- Pre-feasibility phase
- Feasibility phase
- Organisational learning in investment projects
Authors & references
Author:
Antti Lindqvist
References:
- Schoemaker, P.J.H. 1993. Multiple Scenario Development: Its Conceptual and Behavioral Foundation. Strategic Management Journal, vol. 14, no. 3, pp. 193–213.
- Bood, R., Postma, T. 1997. Strategic Learning with Scenarios. European Management Journal, vol. 15, no. 6, pp. 633–647.
- Lindqvist, A. 2009. Engendering Group Support Based Foresight for Capital Intensive Manufacturing Industries – Case Paper and Steel Industry Scenarios by 2018, Acta Universitatis Lappeenrantaensis, 364, Lappeenranta University of Technology, Finland.
- Coyle, G. 2004. Practical Strategy – Structured Tools and Techniques. Harlow, Pearson Education Limited.
Videos
Exercises
This page has been updated 15.10.2020
Privacy Overview
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Our site uses functional cookies. Functional cookies are cookies that ensure the proper functioning of the Website (e.g. cookies for login or registration, language preferences) and their installation does not require your permission.
Read more.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
3rd Party Cookies
This website uses Google Analytics and Facebook to collect anonymous information such as the number of visitors to the site, and the most popular pages.
Keeping this cookie enabled helps us to improve our website.
Please enable Strictly Necessary Cookies first so that we can save your preferences!