Agreeing with Gartner's insights on scenario planning pitfalls—like siloing and overlooking wildcard scenarios. Per my experience with data projects, it’s crucial to:
- Ensure budgets cover scoped work, ad hoc tasks, and contingencies.
- Conduct regular technical reviews with clients and specialists for alignment and quality assurance.
- Account for regulatory changes in the industry/region that could impact project timelines and resources.
These steps help protect project teams against a multitude of business & technical scenarios. Have you implemented similar processes or frameworks to protect your teams & projects?
Scenario planning is a powerful tool for revealing critical uncertainties, risks and opportunities. But functional leaders often make these three mistakes.
Here's your guide to effective scenario planning: https://gtnr.it/4cY9xk7
#ScenarioPlanning #Leadership #Strategy
Key Takeaways Successful scenario planning involves: 🎯 Defining the scope and identifying stakeholders. 💻 Gathering information and prioritizing drivers that will shape the future. ❓ Developing scenarios based on key uncertainties and linking them to the organization's strategy. What are some of the biggest challenges you face when implementing scenario planning in your organization?