A comprehensive scenario analysis should encompass a thoughtful and thorough analysis of potential, but plausible, major changes in the economic, political, and social landscape. What are these changes? How will they affect your business? How will you respond to them if they occur? This analysis is the primary responsibility of risk management.
BIS Review 31/2006  1  But scenario analysis is not the end goal. Something must be done with the results of the analysis. Management must ask itself whether the organization needs to restructure its balance sheet or modify its current risk-management strategy in order to be prepared for scenarios that may unfold in the near future.