How do people and firms project in future


How do people and firms project into the future? We all wake up with an idea of how the day will unfold, but random chance often enters our lives. Consider the links that follow and prepare a paragraph about your opinion of future scenarios. Are they useful? How are they constructed? How could you use them in your own life or the groups you are part of? Why might people think these are not terribly useful in certain situations?

The first link is from the Global Business Network: https://www.gbn.com/about/scenario_planning.php and lays out the rationale for scenarios. The second is from a site: https://ag.arizona.edu/futures/tou/tut2-buildscenarios.html devoted to educating others how to build scenarios.

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