Enhancing Strategic Planning: A Proposal for Scenario Planning Integration As an Management Development student, assume the role of a strategic planning manager in your organization. Your task is to draft a comprehensive memo to the CEO, advocating the implementation of scenario planning to supplement or innovate the current strategic planning process. Ensure that your memo addresses the following key points: 1. Organisational Strategic Planning Approach: Provide a detailed description of your organisation's current strategic planning approach, emphasising its methodologies and frameworks for future planning. 2. Critique and Rationale for Scenario Planning: Critically evaluate the shortcomings, and / or xx of your current strategic planning approach, specifically in dealing with volatile, uncertain, and complex environments. Articulate why you believe scenario planning represents a valuable and innovative alternative. 3. Overview of Scenario Planning: Define scenario planning in the context of strategic management. Explain the objectives and goals scenario planning aims to achieve. Outline how you intend to integrate scenario planning into the current strategic planning process. 4. Purpose and Outcomes: Clearly state the purpose of incorporating scenario planning into the strategic planning process. Identify and articulate specific outcomes expected from the adoption of scenario planning. Assignment Detail Individual or Group Due date Weight Assignment 1 Individual 8 April 25% MSEN7910/7920 Assessment guide Discuss how insights from scenario planning will inform and enhance the existing strategic planning process. 5. Benefits of Scenario Planning: Detail the anticipated benefits your organisation hopes to realise through the utilisation of scenario planning. Discuss how scenario planning contributes to organisational resilience and strategic adaptability. Ensure that your memo is well-structured, concise, and demonstrates an understanding of strategic planning concepts and the integration of scenario planning.