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Scenario Planning vs. Forecasting: 6 Questions to Ask to Prepare for a Post-Pandemic Future

Leading Blog

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. passenger traffic for airlines).

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4 Steps To Become An Aware Leader

The Horizons Tracker

As Don Moore and Max Bazerman explain in Decision Leadership, they’re able to look at data objectively; avoid being misdirected by those who seek to deceive; are aware of things that appear too good to be true; and are generally able to think a few steps ahead.

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How to Become a Master Persuasive Storyteller

Skip Prichard

Leadership Tip: Great communicators start by asking “What story does my presentation want to tell?” Because most of this process is unconscious, we tend not to recognize how powerful our visual system is. Would you share one of your many examples of putting it in action? It turns out, we can. Image Credit: Nong Vang.

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Farsighted: How We Make the Decisions That Matter the Most

Leading Blog

What the map should ultimately reveal is a set of potential paths, given the variables at play in the overall system. 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.”

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Board Performance Optimization: Beyond Compliance Towards Excellence

N2Growth Blog

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. The strength of governance can be significantly amplified with the employment of a dedicated leadership team.

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Business Model Generation : Blog | Executive Coaching | CO2 Partners

CO2

The Empathy Map looks like this: In this chapter the authors walk you through processes to arrive a enhanced design like Customer Insights, ideation, providing an introduction to the value of visual thinking, how to use prototyping, story telling, and Scenario Planning. They look at 9 Building Blocks that form the business canvas.

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Create a Strategy That Anticipates and Learns

Harvard Business Review

Consider, for example, the work that Apple is doing with Epic (an electronic health record provider for hospitals and large medical groups). Not only can patients gather more comprehensive “home-based” data with Apple’s HealthKit platform , but also potentially stream that data (with permission) to their doctors via Epic’s systems.