The future scorecard: combining external and internal scenarios to create strategic foresight

Abstract: Scenarios are traditionally used to describe possible alternative future developments in the external environment, which then inform current strategy assessment and future strategy development. However, with a shift in focus away from themarket-based paradigm and towards a resource -based view of strategy, scenarios can also be used to describe alternative internal development paths for an organization. These two types of scenarios can then be systematically developed and combined to form a significant element of a strategic early warnin g systemthe

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