Scenario Planning Are Coming Back into Fashion. How Do You Develop Your "Wild Card" Scenarios to Make Your Strategy More Robust?

Every executive wants to know what’s the future will be like or what will likely to happen to their industry and what are the most disruptive forces will impact their bottom line or even survival. That’s why we use “Wild card” to paint scenarios. “Wild card” scenarios are in theory things that are not likely to happen, but most likely to create the highest impact and disruption. The idea of “wild card” scenarios is not to predict or calculate which scenario will occur, but to identify, where possible, important surprises that could occur.

Continue Reading