Scenario Planning

Strategic Foresight and Scenario Planning are used to explore potential future possibilities and their implications to guide decision-making. 

SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis is a common strategic planning tool that can be adapted for strategic foresight purposes. 

Here’s how SWOT analysis can be integrated with strategic foresight and scenario planning:

1. SWOT analysis in strategic foresight

SWOT analysis can be used in strategic foresight to identify an organization’s current strengths and weaknesses concerning future challenges, recognize opportunities from trends, and anticipate threats in different future scenarios. 

2. Strategic foresight scenarios using SWOT

Strategic foresight helps organizations explore and test possible future scenarios (alternative realities) to guide decision-making, enabling them to navigate uncertainty and capitalize on opportunities. 

3. Benefits of combining SWOT with scenario planning

Combining SWOT with scenario planning can lead to enhanced understanding of potential scenarios, improve decision-making by considering internal capabilities and external pressures against different scenarios, and better preparedness to anticipate outcomes and explore strategic options. 

Ultimately, SWOT analysis provides a structured assessment of an organization’s environment, making future scenarios more relevant and actionable for strategic decision-making when combined with scenario planning