Development, Scenario Planning and Tools

Scenario Planning vs. Forecasting: 6 Questions to Ask to Prepare for a Post-Pandemic Future

Leading Blog

MAY 12, 2021

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).

Scenario Planning

Scenario Planning Planning Uncertainty Airlines

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

N2Growth Blog

APRIL 19, 2024

There is friction between globalization and regional autonomy, a conflict between the desire for sustainability and the lure of rapid development, ongoing political uncertainties, and the ever-increasing impact of digital technology. Engaging in risk management and scenario planning is also paramount.

Crisis Management

Crisis Management Crisis Management Uncertainty

Exploring Alternate Futures Can Help Identify Future Leaders

N2Growth Blog

SEPTEMBER 29, 2016

Scenarios and scenario-based planning are widely recognized as valuable tools in setting organizations’ visions and strategies. Shell is the most famed for their scenarios and their process for developing them and using them. But they are far from alone. Some companies do.

Scenario Planning

Scenario Planning Strategic Planning Planning Budgeting

Five Leadership Lessons from the Garden

Lead Change Blog

APRIL 4, 2016

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.

Scenario Planning

Scenario Planning Airlines Leadership Fashion

How to Become a Master Persuasive Storyteller

Skip Prichard

DECEMBER 9, 2021

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. It was a free tool made available to anyone, whether a Salesforce customer or not.

Storytelling

Storytelling How To Audience Scenario Planning

A Practical Approach to Managing Workforce During COVID-19

HR Digest

OCTOBER 7, 2020

Based on their work experience in the new role, they can inform the HR from an outsider’s perspective what skills a candidate needs from day one and what skills can be provided through proper training & development. In the current scenario, even if the organization is doing well, workers may feel threatened about their job security.

Management

Management Supply Chain Crisis Scenario Planning

Mindfulness as a Management Technique Goes Back to at Least the 1970s

Harvard Business Review

MAY 2, 2018

It first influenced business decades ago, through the development of an unmistakably hard skill that senior managers must master: strategic planning. Leaders today would be wise to learn from the past and to view strategic planning and mindfulness together. Planning well, in his estimation, required “training the mind.”

Scenario Planning

Scenario Planning Strategic Planning Kleiner Management

Board Performance Optimization: Beyond Compliance Towards Excellence

N2Growth Blog

DECEMBER 16, 2023

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. Adopting these digital tools has proven instrumental in enhancing performance, thus solidifying the pathway toward organizational excellence.

Compliance

Compliance Efficiency Ethics Metrics

Farsighted: How We Make the Decisions That Matter the Most

Leading Blog

NOVEMBER 23, 2018

Figuring out which path to take requires other tools.” The art of making farsighted decisions “with as much wisdom as possible lies not in forcing that map to match some existing template, but instead in developing the kind of keen vision required to see the situation as it truly is. It requires a bit of humility as well.

Cost-Benefit Analysis

Cost-Benefit Analysis Scenario Planning Storytelling Objective

Create a Strategy That Anticipates and Learns

Harvard Business Review

OCTOBER 6, 2014

The buzz around using predictive tools to analyze big data in discrete areas of a business is loud and deserved. The restaurant chain, Olive Garden, uses predictive analytics to guide its food buying and retail staffing plans. This isn’t a retread of scientific management , nor is it an updated take on scenario planning.

Strategy

Strategy Scenario Planning Scientific Management Supply Chain

Is Your Company Ready to Protect Its Reputation from Deep Fakes?

Harvard Business Review

NOVEMBER 8, 2018

But that technology is still in its early stages, and as it develops you can be sure that bad actors will be working on ways to defeat it. In addition, companies must begin to factor deep fakes and other reality-distortion techniques into their crisis-scenario planning.

Reputation

Reputation Company Video Crisis

Create a Strategy That Anticipates and Learns

Harvard Business Review

OCTOBER 6, 2014

The buzz around using predictive tools to analyze big data in discrete areas of a business is loud and deserved. The restaurant chain, Olive Garden, uses predictive analytics to guide its food buying and retail staffing plans. This isn’t a retread of scientific management , nor is it an updated take on scenario planning.

Strategy

Strategy Scenario Planning Scientific Management Supply Chain

Reimagining the Boardroom for an Age of Virtual Reality and AI

Harvard Business Review

APRIL 3, 2015

They’re starting to use more digital tools to gather information, post questions and comments, connect individuals in remote locations, and present ideas more visually. But there are plenty of other tools they could be using to do their jobs better — technologies that have proved useful in other contexts.

Scenario Planning

Scenario Planning Tools Technology Compliance

CIOs: Scenario Planning Can Save Your Job

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

Scenario Planning CIO Planning Uncertainty

Mindfulness Can Improve Strategy, Too

Harvard Business Review

MAY 2, 2016

Steve Jobs, a regular meditator, made use of mindfulness practice to challenge operating assumptions at Apple and to enhance creative insight in planning. Ray Dalio of Bridgewater Capital has likewise used mindfulness not only as a tool for increasing productivity but also enhancing situational awareness as a strategist.

Strategy

Strategy Goleman Strategic Planning Parcell

The Olympics as a Story of Risk Management

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

Risk Management Management Committee Insurance

A Better Approach to Infrastructure Planning

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

Planning Scenario Planning Transportation Workshop

How to Think Like a Futurist

Strategy Driven

JANUARY 8, 2019

It’s about coming up with possible scenarios for the future given these developments. Futurists use tools that systematize these recommendations including scenario planning, environmental scanning, Delphi surveying, and individual software programs like Fibres, Futures Platform, and Athena.

Flextime

Flextime How To Scenario Planning Consultative

ExxonMobil’s Shareholder Vote Is a Tipping Point for Climate Issues

Harvard Business Review

JUNE 7, 2017

Similarly, directors of power companies need to understand how advances in energy storage and information technology will accelerate development of micro-grids and the decentralization of the electric grid.

Tips

Tips Supply Chain Proposal Decentralization

Leadership Digital

Scenario Planning vs. Forecasting: 6 Questions to Ask to Prepare for a Post-Pandemic Future

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

Trending Sources

Exploring Alternate Futures Can Help Identify Future Leaders

Five Leadership Lessons from the Garden

How to Become a Master Persuasive Storyteller

A Practical Approach to Managing Workforce During COVID-19

Mindfulness as a Management Technique Goes Back to at Least the 1970s

Board Performance Optimization: Beyond Compliance Towards Excellence

Farsighted: How We Make the Decisions That Matter the Most

Create a Strategy That Anticipates and Learns

Is Your Company Ready to Protect Its Reputation from Deep Fakes?

Create a Strategy That Anticipates and Learns

Reimagining the Boardroom for an Age of Virtual Reality and AI

CIOs: Scenario Planning Can Save Your Job

Mindfulness Can Improve Strategy, Too

The Olympics as a Story of Risk Management

A Better Approach to Infrastructure Planning

How to Think Like a Futurist

ExxonMobil’s Shareholder Vote Is a Tipping Point for Climate Issues

Stay Connected