What is the primary purpose of incorporating scenario planning into strategic decision-making?

The primary purpose of incorporating scenario planning into strategic decision-making is to enhance an organization's resilience and adaptability by preparing for a range of plausible futures, rather than relying on a single forecast. Scenario planning is a structured process that involves creating multiple narratives or 'scenarios' that represent different potential future environments the organization might face. These scenarios are not predictions; they are carefully considered possibilities, each based on different assumptions about key driving for....