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Scenario Planning for Strategic Decision-Making, Learning, and Managing Uncertainty

  • Thomas Chermack
  • , Megan Crawford
  • , Nardia Haigh
  • , Shardul Phadnis
  • , Rafael Ramírez
  • , Paul Schoemaker
  • Colorado State University
  • Edinburgh Napier University
  • Asia School of Business
  • University of Oxford
  • University of Pennsylvania

Research output: Contribution to journal › Article › peer-review

Abstract

Summary: In times of radical uncertainty marked by geopolitical conflict, technological disruptions, societal transformations, and climate risk, scenario planning is critical for strategists. In this introduction to the special issue on scenario planning, we showcase scenario planning as a dynamic, integrative approach for strengthening strategic decision-making, facilitating organizational learning, and enhancing management amidst uncertainty without trying to predict the future. We highlight what we see as the collective contributions and managerial takeaways of this special issue that underscore the relevance of scenario planning for organizations seeking adaptability, resilience and success in turbulent environments, and suggest directions for future research.

Original languageEnglish
JournalCalifornia Management Review
DOIs
StateAccepted/In press - 2026

ASJC Scopus Subject Areas

  • Strategy and Management

Keywords

  • decision making
  • learning
  • resilience
  • scenario planning
  • strategy
  • uncertainty

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