---
title: "When Scenario Planning Fails | Insights — Lyoen & Partners"
url: https://lyoenandpartners.com/insights/when-scenario-planning-fails
description: "Harvard Business Review (Apr 21, 2023) by Kalle Heikkinen, William Kerr, Mika Malin, Panu Routila and Eemil Rupponen interviews Nordic executives who live…"
lang: en-US
---

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Friday, April 21, 2023strategy

# When Scenario Planning Fails

Harvard Business Review (Apr 21, 2023) by Kalle Heikkinen, William Kerr, Mika Malin, Panu Routila and Eemil Rupponen interviews Nordic executives who lived through Covid-19 and Russia's invasion of Ukraine on their doorstep. Their conclusion is not to abandon "base case / best case / worst case" scenarios but to add four adaptations: stretch the types of scenarios under consideration; use vulnerabilities as a prism rather than probabilities; build strong action guidelines and internal communication; and embed crisis management into the organisational structure. For SEA mid-market boards exposed to Taiwan-Strait, Mekong-river and tariff-shock scenarios, the Nordic adaptation is directly transferable.

Sources

Harvard Business Review (https://hbr.org/2023/04/when-scenario-planning-fails)

Topic: Decision Quality: https://lyoenandpartners.com/insights/topic/decision-quality

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