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Scenario Mapping Your Life

The Horizons Tracker

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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Board Performance Optimization: Beyond Compliance Towards Excellence

N2Growth Blog

Understanding the Concept of Governance Excellence Governance excellence refers to the strategic oversight conducted by a company’s board of directors that ensures ethical, sustainable, and profitable organizational operations. The primary step involves an objective assessment to determine operational efficiency and effectiveness.

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Create a Strategy That Anticipates and Learns

Harvard Business Review

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. This isn’t a retread of scientific management , nor is it an updated take on scenario planning.

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Navigating the Complexities of Doing Business in Russia

Harvard Business Review

For example, in 2014, at the onset of the sharp deterioration in U.S.-Russian Interestingly, all these intrusions into business operations typically do not come from the Kremlin but from local officials who seem eager to gain the Kremlin’s favor amid instances of elevated international tensions.

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Create a Strategy That Anticipates and Learns

Harvard Business Review

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. This isn’t a retread of scientific management , nor is it an updated take on scenario planning.

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The Olympics as a Story of Risk Management

Harvard Business Review

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. These risks can emanate from the realm of security, public health, natural ecology, technology, or economics.

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Be Prepared for What You Don't See Coming

Harvard Business Review

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.