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Organizations must deal with a dizzying level of uncertainty about the future. Volatile commodity prices, natural and man-made disasters, and the world’s overall economic health are a few of the many unknowns organizations must face. It is becoming increasingly apparent that, for many organizations, extrapolating future trends from past performance is a poor way to conduct planning. Although there is no way to accurately predict the future, it can be prepared for. This e-learning course provides an important tool for strategically managing an organization’s performance: scenario planning.
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