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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

Understand our threats and challenges – the third step requires us to have a better understanding of how decisions are made and whether the right systems and tools are in place to help us make wise decisions. Central to this is the ability to spot the threats and challenges that may stand in our way.

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How to Become a Master Persuasive Storyteller

Skip Prichard

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? Online remote meeting software, touchscreen monitors, and new shared document systems have shown us that all-remote all the time can work well.

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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. One may question the value of these improvement strategies without a system to measure their success effectively.

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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.

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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.”