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Beyond Forecasting: Excelling in Building Scenarios

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“Beyond forecasting: excelling in building scenarios” equips leaders to anticipate change, explore multiple futures, and create robust strategies that guide organizations through uncertainty while turning risks into opportunities.
This programme is ideal for senior executives, strategy managers, and decision-makers responsible for guiding organizations through uncertainty. It benefits leaders seeking tools to plan for multiple outcomes, navigate disruption, and build strategies that keep their organizations agile and competitive.
Hybrid Programme
LBS Campus
Programme Date
Oct 20, 2026 (3 days)

Programme Fee

₦850,000 (Excluding VAT)
Hybrid Programme
LBS Campus
APPLY NOW
Download Brochure
Hybrid Programme
LBS Campus

Programme Date

Oct 20, 2026 (3 days)
Hybrid Programme
LBS Campus
Programme Fee
850,000
APPLY NOW
Download Brochure

Programme Overview

Traditional forecasting often falls short in today’s fast-changing business environment. Beyond Forecasting: Excelling in Building Scenarios teaches leaders how to move past predictions and develop multiple, plausible scenarios that prepare organisations for uncertainty. Participants learn to analyse trends, test assumptions, and design flexible strategies that adapt to evolving markets. Through practical exercises, real-world examples, and scenario-building frameworks, the programme empowers leaders to make confident decisions, navigate disruption, and seize opportunities others may overlook.
Key Learning Outcomes
Participants gain the ability to move beyond linear forecasting, identify potential risks and opportunities, and develop adaptive strategies.
Learn to make informed decisions under uncertainty and guide their organisations with confidence.
Leaders will learn how to anticipate change, respond effectively, and maintain a competitive edge in dynamic markets.
Hybrid Programme
Programme Date
Oct 20, 2026 (3 days)
Programme Fee
₦850,000 (Excluding VAT)
APPLY NOW
APPLY NOW
Download Brochure
Strategy Fundamentals and Program Overview

  • Introduction to Strategy: Define strategy, its importance, and the concept of a sustainable competitive advantage.

  • The Strategic Planning Process: Outline the systematic steps involved in formal strategy formulation.

  • Introduction to group work: Set expectations and guidelines for collaborative assignments throughout the course.
Strategic Context and Environmental Scanning

  • Environmental Scanning to identify focal issues and driving forces: Learn techniques for systematically gathering information about the external business landscape.

  • Identify the focal issues and the main decisions or uncertainties the organization faces.

  • Define and categorize driving forces (social, technological, economic, political, environmental) that shape the future.

  • Understand how external factors necessitate adaptive and flexible planning.

Introduction to Scenario Planning

  • Introduce scenario planning as a tool for managing deep uncertainty and complexity.

  • Define scenarios as plausible, internally consistent stories about the future.

  • Discuss how scenarios help organizations test current strategies for robustness.

Analyzing Driving Forces
  • Isolate the two most critical and uncertain driving forces that will determine the future landscape.

  • Differentiate between predetermined elements (trends that will happen) and genuine uncertainties.

  • Use this ranking to simplify the complexity of the future into a manageable framework.

Developing Scenario Logics

  • Assign a clear and evocative name or title to each scenario logic.

  • Ensure each resulting scenario is plausible but also challenges conventional thinking.

  • Discuss techniques for maintaining internal consistency within each scenario narrative.

Dr Nkemdilim Iheanachor

Professor Nkemdilim Iheanachor is a core member of the Strategy Group at Lagos Business School, where he serves as Academic Director of the Senior Management Programme and leads other executive courses. He also teaches on the MBA programme at the University of Stellenbosch Business School. He holds a B.Sc. in Electronic Engineering, an MBA, and an MPhil and PhD in Management, with faculty development training from Harvard and Wharton. His background spans banking and consulting for major multinationals, advising over 100 African organisations on strategy and transformation. He is a leading voice in financial inclusion, works with SIDFS, serves on boards, and mentors CEOs.
Dr Nkemdilim Iheanachor
Professor Nkemdilim Iheanachor is a core member of the Strategy Group at Lagos Business School, where he serves as Academic Director of the Senior Management Programme and leads other executive courses. He also teaches on the MBA programme at the University of Stellenbosch Business School. He holds a B.Sc. in Electronic Engineering, an MBA, and an MPhil and PhD in Management, with faculty development training from Harvard and Wharton. His background spans banking and consulting for major multinationals, advising over 100 African organisations on strategy and transformation. He is a leading voice in financial inclusion, works with SIDFS, serves on boards, and mentors CEOs.

The Admission Process

Begin your path to professional and personal growth with our straightforward enrollment process.

1. Click on the Apply Now button.

2. Select the number of participants to enroll on the programme and then fill in your detials.

3. Request for an invoice or make an instant payment via our secured payment gateway.

4. Upon confirmation of payment, a programme manager will get in touch with you at least three days before the programme commences.

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Beyond Forecasting: Excelling in Building Scenarios