Academic Reflection paper

Introduction

What is Scenario Thinking Scenario thinking is a flexible and nuanced tool, and its applications are far-ranging. It is a tool for motivating people to challenge the status quo, or get better at doing so, by asking “What if?” Asking “What if?” in a disciplined way allows you to rehearse the possibilities of tomorrow, and then to take action today empowered by those provocations and insights. What if we are about to experience a revolutionary change that will bring new challenges for businesses or even human kind? Or enter a risk-averse world of few gains, yet few losses? What if we experience a renaissance of social innovation? And, importantly, what if the future brings new and unforeseen opportunities or challenges for your organization? Will you be ready to act? [1]

Advantages

As stated before scenario thinking is a flexible and nuanced tool, and its applications are far-ranging. It provides means to (among other things):
- make tough decisions
- foster a shift in strategy (informed by the changing circumstances)
- empower your organization to take courageous action, encouraged by a long-term perspective - wake up your organization to the challenges it is facing by exploring together the downsides to continuing the status quo
- align and inspire diverse stakeholders by finding and exploring common ground for the future.

Another strong advantage of scenario thinking is its applicability.
- It is a powerful tool for organizations of any size and scope
- It can be used to address the complex challenges of large global organizations, as well as those of smaller community-based groups
- Scenario thinking is particularly well suited for nonprofits - that do work that is highly dependent on multiple actors inside and outside the sector; address interdependent and complex issues; have a clear interest in external trends; and feel a responsibility to address diverse points of view
- Nonprofits that manage complex stakeholder relationships and that must develop strategies reflective of diverse needs are also good candidates for scenario thinking

Conclusion

Considering the above...Scenario thinking is growing in use—and its use will continue to grow—because it is one of the few proven tools for developing our capacity to understand and manage uncertainty. It is a powerful tool that tests the mind, challenges belief, stretches the spirit, and at its best creates new sources of hope. People who take naturally to scenario thinking are lifelong learners; they believe that the world is continually changing and are forever seeking insight from new places, making new connections, and innovating new solutions. If the next generation of nonprofit leaders routinely uses scenario thinking, the cumulative e. ects for the sector as a whole will be signi. cant. Civil society organizations must . nd new ways to create urgency and collective will for addressing large interdependent problems, both old and new. Scenario thinking will not be the only tool for making progress, but it could well become among the most important.

References

[1]Global Business Network. http://www.gbn.com/ArticleDisplayServlet.srv?aid=32655
[2] http://www.inderscience.com/search/index.php?mainAction=search&action=record&rec_id=6516