Methods and Tools of Scenario Planning in Areas of Natural Resources Management

Alexey Evgenievich Cherepovitsyn and Alina Alexandrovna Ilinova

European Research Studies Journal, 2018, vol. XXI, issue 1, 434-446

Abstract: The article considers basic theoretical and methodological approaches to scenario planning. The comparative analysis is made in relation to the traditional and scenario approaches to strategic planning. The urgency of applying methods and tools of strategic planning in the mineral resources sector is stipulated.Peculiarities of applying the scenario planning in the context of the mineral resources sector areas functioning are revealed. The block diagram of comprehensive strategic analysis as the first stage of the scenario planning to develop economic systems is shown.The research results support three of the basic scenarios of developing the mineral resources sector as a large system forming a general economic system.These scenarios are characterized in terms of general macro- and microeconomic prerequisites of applying them, basic economic factors that characterize them, peculiarities of state regulation under this development scenario, basic parameters of social and economic development and state, of the mineral resources sector.

Keywords: Scenario planning; mineral resources sector; mining companies; scenarios; strategic management; strategic analysis. JEL Classification: O10; O13. (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xx:y:2017:i:3b:p:434-446

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