Skip Prichard

DECEMBER 9, 2021

Would you share one of your many examples of putting it in action? In the depths of the COVID-19 lockdown, executives at Salesforce developed a long-term scenario-planning tool to help enterprise customers rediscover their decision-making confidence in a world turned upside down.

Storytelling 124

Storytelling How To Audience Scenario Planning 124

Harvard Business Review

AUGUST 23, 2013

It''s the rare CIO who applies scenario planning to the business of IT. Yet, in a function driven by innovation and the uncertainties surrounding the application and implication of future technologies, not using scenarios is tantamount to management malpractice.

Scenario Planning 8

Scenario Planning CIO Planning Uncertainty 8

Harvard Business Review

MAY 2, 2018

Through his unique lens, he came to create what we know as scenario planning — a widely used strategic planning practice that now spans all sectors. An HBR contributor, he wrote two seminal articles about Shell and scenario planning in 1985. Planning well, in his estimation, required “training the mind.”

Scenario Planning 12

Scenario Planning Strategic Planning Kleiner Management 12

CO2

JANUARY 2, 2011

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.

Business Model 141

Business Model Executive Coaching Execution Blog 141

Harvard Business Review

JULY 10, 2014

The product of an MIT CTL research initiative called Future Freight Flows, it is a method of convening conversations and achieving alignment, based on the practice of scenario planning. This makes scenario planning an effective approach for long-range freight transportation planning.

Planning 8

Planning Scenario Planning Transportation Workshop 8

Harvard Business Review

AUGUST 30, 2017

For example, many studies have shown that internal focus (for example, focusing on your arm motion in a golf swing) is more likely to cause fatigue than external focus (focusing on the flight of the golf ball). For example, you may be strategizing on a project that requires scenario planning.

Scenario Planning 11

Scenario Planning Self-aware Energy Short-term 11

Harvard Business Review

JANUARY 23, 2015

A way around this fallacy, we’ve found, is a speed-dating version of scenario planning, one that takes hours rather than months. For example, the group defined the education driver as “the degree to which US elementary through higher education has developed curricula to produce science and technical talent.”

Kahneman 8

Kahneman Scenario Planning Pharmaceuticals Workshop 8

Harvard Business Review

OCTOBER 6, 2014

Consider, for example, the work that Apple is doing with Epic (an electronic health record provider for hospitals and large medical groups). This isn’t a retread of scientific management , nor is it an updated take on scenario planning. The definition of a market, customer, partner, or even competitor is now a moving target.

Strategy 11

Strategy Scenario Planning Scientific Management Supply Chain 11

Harvard Business Review

OCTOBER 6, 2014

Consider, for example, the work that Apple is doing with Epic (an electronic health record provider for hospitals and large medical groups). This isn’t a retread of scientific management , nor is it an updated take on scenario planning. We can connect insights and execution at a pace never before possible.

Strategy 8

Strategy Scenario Planning Scientific Management Supply Chain 8

Harvard Business Review

NOVEMBER 8, 2018

An obvious scenario, one that some companies might find themselves dealing with in the not-too-distant future, is a faked video of their CEO making racist or sexist comments, or bribing a politician. But equally damaging could be a video about, for example, corporate spending.

Reputation 10

Reputation Company Video Crisis 10

Harvard Business Review

NOVEMBER 1, 2011

For example, sometimes when a senior manager makes a request, it causes a cascade of activity that is far beyond what she intended. One way to reinforce this assumption is to engage in scenario planning before pulling the trigger, preferably by engaging people who will be affected by the change. Test the waters.

Airlines 11

Airlines Supply Chain Scenario Planning Travel 11

Harvard Business Review

MARCH 23, 2011

Few, if any, such models contain examples of what we are seeing in Japan and increasingly, around the world — not one, not even two, but three overlapping natural as well as human catastrophies occurring at the same time, overlapping to generate entirely new, unforseen outcomes.

Uncertainty 13

Uncertainty Supply Chain Scenario Planning Sharpe 13

Harvard Business Review

JANUARY 6, 2011

For example, when it comes to preparation for a possible showdown involving North Korea, there has been no discussion or scenario planning between American and Chinese top brass — not a recipe for good crisis management.

Politics 14

Politics Gordon Scenario Planning Globalization 14

Harvard Business Review

AUGUST 13, 2012

In the run-up to the London 2012 Olympics, for example, the global financial crisis caused private developers for the Olympic Village project to withdraw, requiring a refinancing package backed by government. Ensuring readiness for Games-time (in Olympic-speak) now involves strategic pre-emption through stress-testing and scenario planning.

Risk Management 14

Risk Management Management Committee Insurance 14

Harvard Business Review

MAY 29, 2017

For example, in 2014, at the onset of the sharp deterioration in U.S.-Russian In many cases, people have to bear more costs directly – for example to pay for more of their own healthcare – which also limits their spending power. ” Similarly, hours after the U.S. further sanctions, oil price drop, protests, etc.)

Policies 8

Policies Supply Chain Politics Operations 8

Harvard Business Review

MAY 14, 2013

At the heart of the future-back process is a consensus view of your company''s desired future state.This isn''t scenario planning, where you consider a range of possibilities. Take the driverless car, for example. But in turbulent times, these approaches can lead companies to miss critical market inflection points.

Scenario Planning 8

Scenario Planning Consensus Strategic Planning Innovation 8

Harvard Business Review

APRIL 3, 2015

Examples include collaboration platforms such as MeetX , Virtualboardroom , Diligent , and Boardpad.) It would be an antidote to the insularity that so many boards are criticized for, and a useful complement to the simulations and war-game tools that help with scenario planning and anticipating competitors’ moves.

Scenario Planning 8

Scenario Planning Tools Technology Compliance 8

Harvard Business Review

MAY 2, 2016

Google’s Chade-Meng Tan , has developed dozens of such workplace meditation modules that could fit neatly into planning retreats. Explore alternative scenarios: It’s also possible to inject an element of mindfulness without meditating at all.

Strategy 8

Strategy Goleman Strategic Planning Parcell 8

Harvard Business Review

JANUARY 14, 2015

An intrepid energy industry executive we know takes a novel, planning-based approach to managing politics, and we’ve taught the same method to many female executives over the years. To inject some predictability into the most crucial of organizational interactions, he uses scenario planning to map out strategies.

Politics 8

Politics Strategy 360-Degree Feedback Mentor 8

Harvard Business Review

JANUARY 31, 2013

McKinsey has identified more than 20 distinct submarkets in China, for example. Advanced economies, for example, depend more on high-skill talent to support what we call "global innovation for local markets" in industries such as pharmaceuticals and autos. Innovations Are Changing The Way We Design Products.

Globalization 8

Globalization Supply Chain Pharmaceuticals McKinsey 8

Harvard Business Review

SEPTEMBER 9, 2015

For example , U.S. Demand forecasting may become more challenging as demand patterns change, and companies may be advised to look into forecasting methods based on scenario planning rather than historical patterns. Macroeconomic data during the 2008 financial crisis show the bullwhip effect operating on a much broader scale.

Supply Chain 8

Supply Chain Retail Crisis Operations 8

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.

Class 9

Class Education Supply Chain Sports 9

Harvard Business Review

FEBRUARY 14, 2011

They will recall, for example, how ITT was implicated in overthrowing the Allende government in Chile in the early 1970s; and they will note the not-unfrequent practice of firms bribing dictators to secure key business concessions. In terms of scenario planning , firms would think about alternative paths.

Strategy 13

Strategy Politics Short-term Long-term 13

Harvard Business Review

MAY 15, 2018

Waiting for perfect information to start planning is a risky approach because sufficient clarity may come too late, if at all, to take crucial action. For example, adjusting supply chains can take up to nine months or longer depending on internal and external constraints. Understand possible scenarios.

Planning 8

Planning Supply Chain Strategic Planning Workshop 8

Harvard Business Review

OCTOBER 31, 2016

Sure, the value of an in-depth discovery phase; comprehensive, quantitative, and qualitative research; stakeholder interviews; scenario planning; and alignment are undisputed. And how often have you crafted a meticulous three-year strategic plan, only to have it become obsolete after a few months, or even weeks?

Agility 8

Agility Strategy Short-term Long-term 8

Harvard Business Review

JUNE 7, 2017

For example, directors of auto manufacturers and auto parts suppliers will need to understand how shared and autonomous mobility will accelerate electrification of the transportation sector, affecting car sales. In particular, boards will have to show that they understand two things.

Tips 8

Tips Supply Chain Proposal Decentralization 8

Harvard Business Review

JUNE 20, 2017

For example, a key source of concern for some companies is more-restrictive rules of origin, which would reduce the amount of materials allowed to be used tariff-free for products traded to and from NAFTA member countries. Navigating the Next Two Years in Mexico.

Supply Chain 8

Supply Chain Depreciation Uncertainty Marketing 8