The Importance of Scenario Planning in Corporate Strategy

For this episode, let's revisit a Strategy Skills classic from the power sector corporate strategy study.

In this critical podcast, we focus on two things.

First, we discuss the reason why corporate strategy studies rely so heavily on executive workshops. We explain why simply handing the perfect strategy to the client will never yield results, even if the client accepts it without any challenges.

The workshop process plays a crucial role that cannot be easily replicated anywhere else in the study. That is the reason to hold the workshop.

Second, we discuss the components of the corporate strategy analyses and how we use each part:

1 - Case studies 2 - Market analyses 3 - Customer value chain analyses 4 - Client value chain analyses

Finally, we discuss how all of these come together in the scenario planning.

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