Leading Blog

article thumbnail

Scenario Planning vs. Forecasting: 6 Questions to Ask to Prepare for a Post-Pandemic Future

Leading Blog

There is often confusion between scenario planning and forecasting, with the terms used interchangeably and inconsistently. Scenario planning is focused on the future and involves defining different stories behind different paths that will lead to that future.

article thumbnail

Farsighted: How We Make the Decisions That Matter the Most

Leading Blog

Engaging in scenario planning or gaming is not to make accurate predictions, but “the very act of trying to imagine alternatives to the conventional view helps you perceive your options more clearly.” To make good decisions, we need to make those kinds of imaginative leaps. Johnson prescribes simulations to do just that.