Here are a few key points regarding the availability and quality of information used for scenario planning:
- Information must be up-to-date to ensure scenarios account for the most recent developments and trends. Outdated information could lead scenarios to be inaccurate or irrelevant.
- The sources of information need to be reputable and reliable. Scenarios built on poor quality or questionable data will likewise be of poor quality. It's important to vet sources to confirm their credibility and objectivity.
- A wide range of information from multiple sources is ideal to gain different perspectives and avoid blind spots. No single source is likely to provide all necessary insights. Triangulating data enhances quality.
- Certain types of information may be difficult to