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- Uncertainty planning is a strategy that helps businesses cope with the unpredictability of the future1. It involves identifying the key uncertainties that affect the business, exploring the possible scenarios that could emerge, and monitoring the trigger points that indicate changes2. Uncertainty planning also requires avoiding point forecasts that hide the underlying uncertainties and instead using ranges or probabilities to express the outcomes3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.In other words, strategy under uncertainty is critical for coming out the other side successfully. In this article, we’ll discuss why businesses should still engage in strategic planning despite the uncertainties of tomorrow, next month, or even next year, and what you need to do for best results.www.lucidchart.com/blog/strategy-under-uncertaintyThe hallmark of companies that chart the right course through turbulence is that they embrace uncertainty; they don’t try to fight it. They focus on the vital few uncertainties that matter, lay out the possible scenarios that could develop, and identify the critical trigger points or signposts that signal swings in direction.www.bain.com/insights/a-strategy-for-embracing-u…Planning or capital-budgeting processes that require point forecasts force managers to bury underlying uncertainties in their cash flows. Such systems clearly push managers to underestimate uncertainty in order to make a compelling case for their strategy.hbr.org/1997/11/strategy-under-uncertainty
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