Scenario Planning for a
Post-COVID-19 World
Make sure you are prepared for the new normal
Michael Wade
IMD Professor of Innovation and Strategy
Director, the Global Center for Digital Business Transformation
®
REAL LEA RNING. REAL IMPACT
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3
Executive
Summary
The COVID-19 virus is sweeping across Scenarios do not attempt to predict the future,
the world, leaving a trail of economic and but rather identify a set of possible future
social damage in its wake. Forward thinking states. They focus on the external driving
organizations are starting to plan for a post- forces over which individual organizations
COVID-19 world. However, predicting what have little or no control. Scenarios are both
this world will look like is not easy. We can plausible and challenging. Organizations
be reasonably sure that the world will not benefit from scenario planning by imagining
simply revert back to the way it was before the how they might compete in each scenario.
crisis, but what will be different? The problem This process helps them
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