Is your business prepared for complex, shifting threats? Annual risk assessments can’t keep up with current levels of volatility. Download this guide to learn about the importance of scenario planning in today’s risk environment, how to formalize your scenario planning process, and ways to use technology at each stage.
Risks are no longer independent or adequately managed through annual assessments. Amid AI disruption, geopolitical instability, cyber threats, and shifting trade dynamics, emerging risks are more interconnected and unpredictable than ever.
To stay ahead, risk teams must go beyond identifying known threats: They must anticipate and prepare for scenarios that could disrupt their organization’s strategic objectives. Scenario planning enables this foresight by modeling how plausible events, from cyberattacks to regulatory change, could impact operations and resilience.
For many ERM teams, formalizing scenario planning can feel daunting amid ongoing assessments and mitigation work. Most organizations are already doing elements of it through stress testing, contingency planning, or “what-if” discussions across operations, IT, and finance. The opportunity now is to connect these efforts, standardize data, and present a unified view of enterprise risk that considers the full range of possible outcomes.
Boards and executive teams are also expecting it, with 71% of leaders identifying strategic risk oversight and scenario planning as the board’s most effective tools for resilience in Deloitte’s 2025 Boardroom/CEO Study. Boards now look to ERM functions not merely to catalog risks, but to deliver strategic foresight and decision intelligence. ERM teams can meet this moment by formalizing and maturing their scenario planning methodologies to elevate risk insights into enterprise strategy.
To help you get started, download your copy of Integrating scenario planning and technology for enterprise resilience and get four best practices for developing an effective scenario planning framework.
