... futures, managers become more sensitized to potential shifts in their current markets and are better prepared to respond as the future unfolds. This experience is commonly referred to as scenario learning. The WECC scenario project involves all the key components of scenario‐based planning (see...

... relative to past expectations. Scenarios Scenario methodology Future unknowns Scenario learning Research‐based scenarios Subject experts Scenarios as hypotheses Scenarios for desirable futures Futuring and visioning Long‐term risk Some 40 years ago the first business scenarios were...