Corporate scenarios can be used to aid the development of strategy
Corporate scenarios can be used to aid the development of strategy. Corporate scenarios are nothing but fail-tests for a strategy. They are built to find out the external and internal conditions which can cause the strategy to fail. The only thing that a company knows for a certain is that those conditions are always changing. The business world is fast growing and changing. Therefore, corporate scenarios were designed to reflect the reasonable changes to see if the strategy can respond or survive. It is better to find out if the strategy would fail under corporate scenarios than real life scenarios because of the consequences.