Strategy · advanced · 50 min

Scenario Planning Workshop

Develop 2-4 distinct scenarios for the future of sustainability in the banking sector. These scenarios should be based on key uncertainties and should help the participants explore a range of possible futures, enabling them to develop more robust and adaptable strategies.

What participants gain

  • Identify key drivers of change and critical uncertainties.
  • Develop distinct and plausible scenarios for the future.
  • Analyze the implications of each scenario for the bank.
  • Develop strategies to navigate the different possible futures.

Materials needed

  • Whiteboard or flip chart
  • Markers
  • Scenario Planning template
  • Post-it notes
  • Timer

How to run Scenario Planning Workshop, step by step

  1. 1. Identify the key drivers of change related to sustainability in the banking sector.
  2. 2. Identify the critical uncertainties that will shape the future.
  3. 3. Develop 2-4 distinct scenarios based on the key uncertainties.
  4. 4. Write a narrative for each scenario, describing the key characteristics and implications.
  5. 5. Analyze the implications of each scenario for the bank.
  6. 6. Develop strategies to navigate the different possible futures.

Facilitator tips

  • Encourage participants to be creative and challenge their assumptions.
  • Focus on identifying the key drivers of change and the critical uncertainties.
  • Use storytelling to bring the scenarios to life.

Common challenges

  • Participants struggle to identify key uncertainties - Provide prompts related to technology, regulation, and consumer behavior.
  • Scenarios are too similar - Encourage participants to explore more divergent possibilities.
  • Participants get stuck on assigning causes - Review the root causes and ask for evidence.

Running it virtually

Use a virtual collaboration platform with breakout rooms to facilitate scenario development in small groups. Use shared documents for recording scenario narratives.

Expected results

Participants will develop 2-4 distinct scenarios for the future of sustainability in the banking sector. They will analyze the implications of each scenario and develop strategies to navigate the different possible futures.

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