Scenario planning is a strategic planning technique that helps organizations and individuals to achieve their goals by identifying, analyzing, and selecting the most likely or desirable future states or outcomes. The Scenario Planning Approach is a planning tool that helps organizations to identify the most likely or desirable future states or outcomes. The key steps of this approach are: Identify the desired future state. Identify the key factors that affect change in that future state. Analyze the likelihood of each factor occurring in each future state. Select one of those states as your goal.