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Scenario Planning of Managers for Society and Environment Safety

   

Added on  2023-06-08

11 Pages2791 Words292 Views
Scenario planning of managers to keep the society and environment safe
Scenario planning of managers to keep the society and environment safe
Name of the Author
University Name-

Abstract
With ramified economic changes and complex business policies and rules, each and every
organization needs to adopt the proper long term planning to accomplish set objectives and
goals. As per the perception of Oteros-Rozas, et al. (2015) it is divulged that Scenario
planning is the process in which all the steps are pre-determined to estimate the future
outcomes. It could be defined as strategic thinking which is based on the past set of
information so that mangers or business decision maker could easily identify the requirement
of business changes on the basis of changing business environment.

Table of Contents
Scenario planning of managers to keep the society and environment safe.............................................1
Abstract.................................................................................................................................................1
Introduction...........................................................................................................................................1
Literature Review..................................................................................................................................1
Conclusion.............................................................................................................................................6
References.............................................................................................................................................8

Introduction
The scenario planning may involve aspects of the different system thinking which
specially recognize several factors such as aligning the interest of the stakeholders with the
Organizaiton development, mitigating the negative impact of the business Organizaiton on
the society and strengthen the corporate social responsibilities program with a view to pay
back to society what it has taken while operating the business in economy.
Literature Review
Strategic thinking or scenario planning is based on the past set of information so that
mangers or business decision maker could easily identify the requirement of business changes
on the basis of changing business environment. It assists in anticipating the changes and
assists in understanding the future problems and issues which might be faced by organization
in the economic. It is process which assists in determining flexible long term business plans
which could assists organization to establish the linkage between the organization’s goals and
objective with the stakeholder development.
As stated by Mota, et al. (2015) it is reflected that Scenario planning emphasizes
upon the recognition that several factors may combine into the complex business condition
which may be surprising for managers to manage in long run. It is analyzed that if company
could uses proper strategies and undertaken business program then it would not only allow
mangers to align the interest of the organization development with the society but also result
to developing the society safety program in long run. Managers are the key person who takes
long term strategic planning to strengthen the business output. It is analyzed that if managers
could identify the future issues and problems at spot then they could prepare company to face
these possible changes and problem in effective manner. As stated by Arkema, et al. (2015) it

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