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In an unpredictable business environment, scenario planning is a critical tool for anticipating risks, seizing opportunities, and maintaining control over uncertainty. Rather than reacting to events as they unfold, organizations that engage in scenario planning can proactively prepare for a range of possible futures.

Oracle NetSuite’s article, "Scenario Planning: Strategy, Steps, and Practical Examples," explores:

• How businesses can use scenario planning to identify risks and opportunities.
• The value of visualizing potential futures to make more informed strategic decisions.
• Different frameworks and templates that help organizations develop practical response plans.
• Real-world examples, including a software company and a wholesale distributor, illustrating how scenario planning works in action.

Whether it's preparing for supply chain disruptions, sudden spikes in demand, or unforeseen economic shifts, scenario planning helps businesses stay ahead of change. Read the full Oracle NetSuite article to learn how to build resilient strategies for any future.

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