The Global Risks Report 2021, 16th Ed., Insight Report, was just released by the World Economic Forum (WEF). This is one of the best places in the world to gather ideas for scenario planning, especially Chapter 1 on Fractured Futures. Essentially, this report is scenario planning, but for the whole of the world, and then on a region-by-region basis. So, a government, a business, or a non-profit organization can simply review these risks, adapt the concepts to your locale and situation, and wa-la, you have scenarios to plug into your scenario planning workshop. Of course, multiple risks might have similar results for your organization; for example, disaster recovery planning might be similar for man-made disasters as well as natural disasters.
Category: Contingency Plan
A Recession is destructive innovation. It has accelerated, for example, the Amazon effect of online sales and purchases with the closure of some 29 retailers. The recession of the 2020 Pandemic is different in some respects, straining local restaurants and bars, even the best of local.