Scenarios and Forecasts: Complementary Ways of Anticipating the Future?

Paul Goodwin

Foresight: The International Journal of Applied Forecasting, 2019, issue 52, 7-10

Abstract: Goodwin describes the value of scenario planning, which involves visualizing events that may make drastic changes in the status quo and then thinking of ways to deal with them, if they do occur. We can then test possible strategies and try to evaluate their success. This is in contrast to forecasting's common assumption that the past will continue into the future. Goodwin argues these two seemingly opposing approaches might be combined to be useful and beneficial. Copyright International Institute of Forecasters, 2019

Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://foresight.forecasters.org/shop/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:for:ijafaa:y:2019:i:52:p:7-10

Access Statistics for this article

More articles in Foresight: The International Journal of Applied Forecasting from International Institute of Forecasters Contact information at EDIRC.
Bibliographic data for series maintained by Michael Gilliland ().