Leading Blog

MAY 12, 2021

There is often confusion between scenario planning and forecasting, with the terms used interchangeably and inconsistently. Scenario planning is focused on the future and involves defining different stories behind different paths that will lead to that future. the results of a U.S.

Scenario Planning 286

Scenario Planning Planning Uncertainty Airlines 286

The Horizons Tracker

OCTOBER 22, 2021

Scenario planning was first popularized by Herman Khan in the 1950s at the RAND corporation as a way to describe the future by outlining various ways in which it could potentially unfold. ” Scenarios of your life. It’s an approach that futurist April Rinne believes can equally be applied to our careers.

Scenario Planning 128

Scenario Planning Uncertainty Planning Construction 128

N2Growth Blog

DECEMBER 16, 2023

The concept delves more deeply than mere regulatory compliance, stretching towards a proactive approach that involves risk anticipation, scenario planning, and sound decision-making processes. A classic example is Google, which has continuously exemplified high-functioning governance and performance optimization.

Compliance 235

Compliance Efficiency Ethics Metrics 235

Leading Blog

NOVEMBER 23, 2018

Engaging in scenario planning or gaming is not to make accurate predictions, but “the very act of trying to imagine alternatives to the conventional view helps you perceive your options more clearly.” The problem arises when we fail to construct multiple stories around our choices. It is a kind of storytelling. And that’s good.

Cost-Benefit Analysis 283

Cost-Benefit Analysis Scenario Planning Storytelling Objective 283

Harvard Business Review

MARCH 23, 2011

They are an "if-then" construct where there is one correct answer to a known problem. For example, in Japan, the utility company believed its nuclear problem was water — not enough water to cool the reactors and ponds. These firsts-of-their-kind developments require unprecedented degrees of creativity.".

Uncertainty 14

Uncertainty Supply Chain Scenario Planning Sharpe 14

Harvard Business Review

SEPTEMBER 5, 2013

Scenario planning is as essential for strategy formulation as it is for the design of next generation technologies and industries. Thinking in terms of scenarios forces people to rigorously examine fundamental assumptions and unexpected risks. This is a class that puts things together by first deconstructing them.

Class 9

Class Education Supply Chain Sports 9