Scenario-Based Planning for Strategy Teams: Tools and Techniques

Wish your team was better prepared for the unexpected?

In today’s environment, business strategy can’t just be about setting goals for what’s likely to happen - it has to prepare for what might happen. Market shifts, new competitors, technology disruptions, and geopolitical changes rarely come with advance notice. That’s why leading organizations are turning to scenario-based planning.

Scenario planning helps teams move beyond single-point forecasts and explore multiple plausible futures. This helps to strengthen market positioning and identify opportunities in uncertainty.

It’s not about predicting the future - it’s about being exploring it.

Tools and Techniques That Work

Scenario-based planning is a practical discipline, and it relies on proven techniques:

  • Signal and Trend Identification: Mapping out the forces -  political economic, technological, social, environmental - that could reshape your market.
  • Scenario Construction: Building narratives of plausible futures that challenge assumptions and broaden perspectives.
  • Implications Analysis: Linking scenarios back to your business strategy and strategic goals, ensuring plans are flexible and resilient.
  • Options and Contingencies: Equipping leaders with actionable pathways so they’re never starting from zero when disruption hits.

Building Strategic Professionals

Scenario-based planning isn’t just a skill - it’s a mark of strategy professionalism. Through the International Association for Strategy Professionals (IASP), leaders can pursue recognition as a certified Strategic Planning Professional (SPP), demonstrating credibility in applying advanced tools like foresight and scenario-based planning in their strategy tool-kit.

For organizations, supporting staff through structured professional development in foresight pays dividends - teams gain the confidence to develop scenarios, lead workshops, and advise senior leaders to help shape strategy.

At LBL Strategies, we specialize in equipping teams with the tools and techniques of foresight:

Mastering Foresight: Scenario-Based Planning is a hands-on program designed to help leaders explore uncertainty, inform strategy, and strengthen organizational resilience.

Your team can’t predict the future - but with scenario-based planning, they’ll be prepared for it.