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| Criterion |  Business Strategy Scenario Planning |  Business Strategy TOWS Matrix |  Business Strategy PESTLE Analysis |
|---|---|---|---|
Purposedifferent | Scenario Planning opens the view to several plausible futures instead of a single forecast. The method protects strategies from depending on too narrow an expected path. | The TOWS Matrix connects internal strengths and weaknesses with external opportunities and threats into action-oriented strategies. It goes a step further than a pure stocktaking. | PESTLE Analysis makes political, economic, social, technological, legal, and environmental influences visible. The environment of an initiative is thereby read systematically instead of through isolated trends. |
Complexitydifferent | High | Medium | Medium |
Timedifferent | 0.5-2 Tage | 1-2 h | 1-3 h |
Participantsdifferent | 4-12 | 3-10 | 2-10 |
Formatdifferent | Workshop | Workshop | Workshop + async |
Outputdifferent | Scenario Set, Strategic Implications, Robust Options | TOWS Matrix, Strategic Options, Priority Actions | PESTLE Map, External Risks, Strategic Questions |
Tags1 shared | StrategyUncertaintyPlanning | StrategyAnalysisOptions | StrategyMarketAnalysis |
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