well, The widespread adoption of the Internet and other communication devices allowed information to travel more quickly, and enabled consumers and companies to do business with one another across the globe. Along with the brisker pace came greater complexity. Combinations of many different factors impacted the success or failure of a company or industry in a short period of time. Among these factors were pressure from investors, the demands of customers, the impact of new technologies, domestic and international government regulations, legal issues, the environment, and even the cost of shipping products. In this more complex, uncertain environment, it became increasingly difficult for corporate executives to make important decisions and position their companies for success.

While it is not possible for executives to totally predict what impact factors such as these will have, it is possible for them to develop simulations or scenarios that paint pictures of what future conditions might be like if certain things were to happen. This approach is known as scenario planning. The purpose of scenario planning is to identify several different stories about, or visions of, how large-scale forces will have an impact over time. It is not used to predict specific future events. It is in this regard that scenario planning differs from other kinds of forecasting or trend analyses that companies use to assist them in the decision-making process. Instead of forecasting only one version of how things might evolve or develop, scenario planning involves painting several different pictures and takes into consideration the fact that the future is uncertain and can't be predicted.

Answered by Hemant Singh , an ibibo Master, at 10:02 AM on July 29, 2008

well, The widespread adoption of the Internet and other communication devices allowed information to travel more quickly, and enabled consumers and companies to do business with one another across the globe. Along with the brisker pace came greater complexity. Combinations of many different factors impacted the success or failure of a company or industry in a short period of time. Among these factors were pressure from investors, the demands of customers, the impact of new technologies, domestic and international government regulations, legal issues, the environment, and even the cost of shipping products. In this more complex, uncertain environment, it became increasingly difficult for corporate executives to make important decisions and position their companies for success.

While it is not possible for executives to totally predict what impact factors such as these will have, it is possible for them to develop simulations or scenarios that paint pictures of what future conditions might be like if certain things were to happen. This approach is known as scenario planning. The purpose of scenario planning is to identify several different stories about, or visions of, how large-scale forces will have an impact over time. It is not used to predict specific future events. It is in this regard that scenario planning differs from other kinds of forecasting or trend analyses that companies use to assist them in the decision-making process. Instead of forecasting only one version of how things might evolve or develop, scenario planning involves painting several different pictures and takes into consideration the fact that the future is uncertain and can't be predicted.

Answered by Ni .. , an ibibo Master, at 11:08 PM on July 23, 2008

well, The widespread adoption of the Internet and other communication devices allowed information to travel more quickly, and enabled consumers and companies to do business with one another across the globe. Along with the brisker pace came greater complexity. Combinations of many different factors impacted the success or failure of a company or industry in a short period of time. Among these factors were pressure from investors, the demands of customers, the impact of new technologies, domestic and international government regulations, legal issues, the environment, and even the cost of shipping products. In this more complex, uncertain environment, it became increasingly difficult for corporate executives to make important decisions and position their companies for success.

While it is not possible for executives to totally predict what impact factors such as these will have, it is possible for them to develop simulations or scenarios that paint pictures of what future conditions might be like if certain things were to happen. This approach is known as scenario planning. The purpose of scenario planning is to identify several different stories about, or visions of, how large-scale forces will have an impact over time. It is not used to predict specific future events. It is in this regard that scenario planning differs from other kinds of forecasting or trend analyses that companies use to assist them in the decision-making process. Instead of forecasting only one version of how things might evolve or develop, scenario planning involves painting several different pictures and takes into consideration the fact that the future is uncertain and can't be predicted.

Answered by R.P. Singh , an ibibo Master, at 5:10 PM on July 23, 2008

well, The widespread adoption of the Internet and other communication devices allowed information to travel more quickly, and enabled consumers and companies to do business with one another across the globe. Along with the brisker pace came greater complexity. Combinations of many different factors impacted the success or failure of a company or industry in a short period of time. Among these factors were pressure from investors, the demands of customers, the impact of new technologies, domestic and international government regulations, legal issues, the environment, and even the cost of shipping products. In this more complex, uncertain environment, it became increasingly difficult for corporate executives to make important decisions and position their companies for success.

While it is not possible for executives to totally predict what impact factors such as these will have, it is possible for them to develop simulations or scenarios that paint pictures of what future conditions might be like if certain things were to happen. This approach is known as scenario planning. The purpose of scenario planning is to identify several different stories about, or visions of, how large-scale forces will have an impact over time. It is not used to predict specific future events. It is in this regard that scenario planning differs from other kinds of forecasting or trend analyses that companies use to assist them in the decision-making process. Instead of forecasting only one version of how things might evolve or develop, scenario planning involves painting several different pictures and takes into consideration the fact that the future is uncertain and can't be predicted.

Answered by Rocky , an ibibo Master, at 9:33 AM on July 23, 2008

well, The widespread adoption of the Internet and other communication devices allowed information to travel more quickly, and enabled consumers and companies to do business with one another across the globe. Along with the brisker pace came greater complexity. Combinations of many different factors impacted the success or failure of a company or industry in a short period of time. Among these factors were pressure from investors, the demands of customers, the impact of new technologies, domestic and international government regulations, legal issues, the environment, and even the cost of shipping products. In this more complex, uncertain environment, it became increasingly difficult for corporate executives to make important decisions and position their companies for success.

While it is not possible for executives to totally predict what impact factors such as these will have, it is possible for them to develop simulations or scenarios that paint pictures of what future conditions might be like if certain things were to happen. This approach is known as scenario planning. The purpose of scenario planning is to identify several different stories about, or visions of, how large-scale forces will have an impact over time. It is not used to predict specific future events. It is in this regard that scenario planning differs from other kinds of forecasting or trend analyses that companies use to assist them in the decision-making process. Instead of forecasting only one version of how things might evolve or develop, scenario planning involves painting several different pictures and takes into consideration the fact that the future is uncertain and can't be predicted.

Answered by Yash , an ibibo Master, at 9:53 AM on July 17, 2008

well, The widespread adoption of the Internet and other communication devices allowed information to travel more quickly, and enabled consumers and companies to do business with one another across the globe. Along with the brisker pace came greater complexity. Combinations of many different factors impacted the success or failure of a company or industry in a short period of time. Among these factors were pressure from investors, the demands of customers, the impact of new technologies, domestic and international government regulations, legal issues, the environment, and even the cost of shipping products. In this more complex, uncertain environment, it became increasingly difficult for corporate executives to make important decisions and position their companies for success.

While it is not possible for executives to totally predict what impact factors such as these will have, it is possible for them to develop simulations or scenarios that paint pictures of what future conditions might be like if certain things were to happen. This approach is known as scenario planning. The purpose of scenario planning is to identify several different stories about, or visions of, how large-scale forces will have an impact over time. It is not used to predict specific future events. It is in this regard that scenario planning differs from other kinds of forecasting or trend analyses that companies use to assist them in the decision-making process. Instead of forecasting only one version of how things might evolve or develop, scenario planning involves painting several different pictures and takes into consideration the fact that the future is uncertain and can't be predicted.

Answered by Romi , an ibibo Master, at 11:10 AM on July 14, 2008

The future is awash with uncertainty. Scenarios are snapshots of possible/alternative futures that help us plumb that uncertainty. Scenarios provide coherent, comprehensive, internally consistent descriptions of plausible futures built on the imagined interaction of key trends. It essentially requires you to think from the outside in and takes you through a process that starts with creating context for the unknown.

Answered by Om Prakash , an ibibo Master, at 6:41 PM on July 12, 2008

According to leading reports, Indian software industry is set to achieve a turnover of 10 billion dollars by the year 2005. The projected demand for trained I.T. professionals is estimated at over 400,000 per year. There is a clear imbalance between the demand and supply of IT professionals with the result that this sector offers one of the highest remuneration packages. With the Internet rapidly changing the way we live, shop, entertain and work there is a tremendous scope for entrepreneurs with radical new in this field.

Answered by Nagendra , an ibibo Master, at 6:17 PM on July 11, 2008

The future is awash with uncertainty. Scenarios are snapshots of possible/alternative futures that help us plumb that uncertainty. Scenarios provide coherent, comprehensive, internally consistent descriptions of plausible futures built on the imagined interaction of key trends. It essentially requires you to think from the outside in and takes you through a process that starts with creating context for the unknown.

Answered by Arvind Pal , an ibibo Master, at 2:51 PM on July 11, 2008

hi there

The future is awash with uncertainty. Scenarios are snapshots of possible/alternative futures that help us plumb that uncertainty. Scenarios provide coherent, comprehensive, internally consistent descriptions of plausible futures built on the imagined interaction of key trends. It essentially requires you to think from the outside in and takes you through a process that starts with creating context for the unknown.

Answered by Reeta K , an ibibo Master, at 11:59 AM on July 11, 2008