Concept information
...
organization studies encyc
approaches to management theory
strategic management
political environments
Preferred term
scenario analysis
Definition
- Scenario analysis attempts to capture the nonlin-earity, complexity, and unpredictability of turbulent environments by incorporating techniques for eliciting and aggregating group judgments, specifically through Delphi techniques and cross-impact matrices. The Delphi technique involves asking an anonymous panel of experts to estimate individually the probability that certain events will occur in the future. [Source: Encyclopedia of Business in Today's World; Scenario Analysis]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/scenario_analysis
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}