WORKING PAPER

Strategic Planning in Times of Uncertainty

Traditional approaches to strategic planning are unsuited to increasingly volatile business environments. They ignore uncertainty about future conditions, gloss over the diverging views of stakeholders, and frequently avoid the need to make hard choices. This working paper discusses a range of tools to help companies consider a variety of scenarios, account for opposing viewpoints, force difficult decisions, and look dispassionately at both new types of threats and emerging opportunities. It also provides guidance on organizing more effective strategy retreats.

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