Getty Images. 1  Malia Obama came back from troubling rumors of rehab to fulfilled her final duties as First Daughter! The 18-year-old had gone missing from the White House in Oct. of 2016, before abruptly making appearances with Barack and Michelle Obama in Hawaii over the holidays.
More management models. Scenario Planning (SP) is a model for learning about the future in which a corporate strategy is formed by drawing a small number of scenarios, stories how the future may unfold, and how this may affect an issue that confronts the corporation.
8. Use the results of the scenario analysis to make a business decision. As discussed, there are many practical applications for using scenarios, including risk management; strategy and planning; underwriting and pricing decisions; and capital management.istorical scenarios are easier to design, but hypothetical scenarios are more flexible. Stochastic scenarios are based on simulations -- typically between 1,000 and a million -- and are driven by adjustments to the parameters and input variables, based on their historical distributions and co-variances.