Leading Blog
MAY 12, 2021
A S WE finally start to see the light at the end of the tunnel of the catastrophic COVID-19 pandemic, many business leaders are looking for ways to better anticipate future disruptions and prepare for uncertainty ahead. There is often confusion between scenario planning and forecasting, with the terms used interchangeably and inconsistently.
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. . ” Scenarios of your life. ” Mapping the future. .
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Harvard Business Review
MARCH 23, 2011
How to successfully deal with a new radical state of uncertainty will require leaders to reset their organizations, reframe their perceptions of problems and opportunities, and, most important, rethink the way they think. They need to be embraced by leaders to enable them to deal with a world of radical uncertainty.
CO2
JANUARY 2, 2011
It is useful to distinction between three motivations for creating partnerships: Optimization and economy of scale, Reduction of risk and uncertainty, Acquisition of particular resources and activities) Cost Structure – The business model elements result in the cost structure. (It
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 better approach, I believe, is to accept uncertainty, try to understand it, and make it part of our reasoning.”.
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.)
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.
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