In case if you have just made the submission of your Business Plan for the current financial year or are going to do so but having a night mare of the challenging process.
As the world in which we operate today has become increasingly more complicated than ever before especially the processes deployed to arrive at the Business Plans.
In this blog I am taking an opportunity to Introduce Scanomi and its evolution through various thought processes. I have explained the evolution of Scanomi in form of Why, What and How.
Why Consider Scenario Planning?
As the world in which we operate becomes increasingly complex with so many uncertainties which are beyond our control, nobody knows how the future is going to look like. Under such circumstances let’s look at few uncertainties which has happened in recent times:
Most of the Today’s Businesses either make use of Spreadsheets or some sort of Software for Planning Purposes. As the Businesses evolves most of time the spreadsheets or traditional systems does not stand the test of the time.
Planning is essential not because what is plan is going to happen but because what is about to happen can be considered against what was planned
Every year Organizations Goes through a Planning cycle to formulate the Business Plans which is then revised every quarter / every month with a Forecasting Process
The idea here is give share holder a visibility in Organization’s performance. Being part of Planning domain since last several here years, I have come up with secret sauce to Win with the Planning