TOU719 Week 11 Quiz

According to Wade's scenario planning (Step 7), when you validate your draft scenarios by getting feedback from people outside your immediate team, what is a primary goal?

• To get approval from senior management before proceeding.

• To predict which of the drafted scenarios is most likely to occur.

• To identify the single best scenario to focus all future planning on.

• To check if the scenarios are believable, understandable, relevant, and logically consistent, and to find areas needing more information.

In Step 8 of Wade's scenario planning, after understanding what each scenario means, what is the main output related to strategies and actions for the organization or destination?

• A single, rigid strategic plan designed for the most favorable scenario.

• A detailed financial forecast showing expected profits in each scenario.

• A range of potential strategic options and response measures suitable for addressing the challenges and opportunities in each distinct future scenario.

• A list of unavoidable problems that the organization will face no matter what the future holds.

Step 9 of Wade's scenario planning involves identifying 'signposts'. In practice, what are these signposts used for?

• To mark specific dates when strategic plans must be reviewed.

• To list historical events that influenced past trends.

• To define the exact moment a scenario becomes reality.

• To serve as observable events or developments that can signal which future scenario might be starting to unfold.

In Step 8 of Wade’s scenario planning process, you look at what each future might mean and decide how to respond. What makes a strategy most useful in this step?

• . It guarantees the best possible future will happen

• It only works well for one future that seems most likely.

• It’s flexible and strong enough to work in many different possible futures.

• It removes all risk and uncertainty for the organisation

According to Wade's scenario planning process, what is the primary activity involved in Step 10, "Monitoring and updating the scenarios"?

• Predicting which of the four scenarios is most likely to happen in the next 5-7 years.

• Choosing the scenario that the organization wishes to achieve in the future.

• Finishing the scenario planning process by documenting the outcomes and filing the report.

• Continuously observing the environment for changes, tracking signposts, and making necessary adjustments to the scenarios and resulting strategies.

Why is flexibility such an important feature in strategies developed in Step 8 of scenario planning?

• Because flexible strategies guarantee success no matter what happens

• Because flexible strategies reduce the cost of future planning

• Because the future is uncertain and strategies need to adapt as it unfolds

• Because flexible strategies are easier to explain to stakeholders

In scenario planning, what does it mean to assess the implications of a future scenario?

• To guess which scenario is most likely to happen and ignore the rest

• To understand what each future could mean for your organisation, stakeholders, or community, including possible risks, opportunities, and who might be affected

• To plan the exact steps your organisation should take to make a scenario come true

• To focus only on the positive changes a scenario might bring

Your group has developed a scenario for the future of tourism for the Bellarine Peninsula where climate change has significantly reduced summer visitor numbers and the community has limited capacity to adapt. In Step 8 of Wade’s scenario planning process, what would assessing the implications of this scenario involve?

• Ignoring this scenario because it is too negative and unlikely

• Developing a detailed schedule for marketing events next summer
  
  

• Thinking through what this future would mean for tourism operators, local jobs, and visitor experiences  and identifying how they might respond

• Choosing a new scenario that focuses only on growth and investment