There are several methods that can be employed to generate alternatives, including:
Brainstorming: Gathering a group of people to freely discuss and propose different ideas. SWOT Analysis: Analyzing the strengths, weaknesses, opportunities, and threats to identify various strategic options. Scenario Planning: Envisioning different future scenarios and developing plans for each. Benchmarking: Comparing your business practices with those of the best in the industry to identify potential improvements.