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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.

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Crisis Management in the Digital Age: Lessons for 2024’s Unpredictable Economy

N2Growth Blog

Engaging in risk management and scenario planning is also paramount. It is important to create detailed emergency plans that cover various potential outcomes, such as supply chain disruptions, sudden shifts in demand, or regulatory changes.

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Exploring Alternate Futures Can Help Identify Future Leaders

N2Growth Blog

In their annual survey on the management and planning tools used by thousands of companies around the world, Bain and Company show a consistent and deserved popularity of scenario planning. Those who know scenario planning know that its value isn’t in “predicting the future.” Some companies do.

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Five Leadership Lessons from the Garden

Lead Change Blog

Scenario planning, a strategy first employed by Royal Dutch Shell, brings experts from a wide range of fields together to discuss actions if different scenarios take place. Scenario planning allows you to think out—in advance—various options.

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Uncharted: How to Navigate the Future

Leading Blog

Different from experiments that “reveal immediate internal features of a complex system, scenarios explore where the internal organization meets the external environment, where uncertainties lurk beyond anyone’s control.”. Scenario planning always surfaces conflict and there is always a moment when everything seems to fall apart.

How To 347
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How Do You Combine Patience and Urgency?

Next Level Blog

It’s as true in business and leadership as it is in yoga and the rest of life. Part of the work of leadership right now is to have the patience to bring people together to do some scenario planning and diagnostic work on how the world and your marketplace has changed during the pandemic.

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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.