How corporations learn from scenarios [Archive.org URL]

Scenarios serve two purposes, both of which are essential to connecting the strategy and knowledge challenges. First, scenarios foster preparedness. That is, they allow managers to anticipate a range of potential futures, and to get ready for them before they occur. Second, scenarios afford managers a forum in which to consider and determine what they would do were each future to materialize. [Hat Tip to themanager.org]

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