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

Harvard Business Review

Through his unique lens, he came to create what we know as scenario planning — a widely used strategic planning practice that now spans all sectors. An HBR contributor, he wrote two seminal articles about Shell and scenario planning in 1985. Planning well, in his estimation, required “training the mind.”

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Create a Strategy That Anticipates and Learns

Harvard Business Review

And so the power of incumbency, firm competencies, and market share is giving way to the ability to engage across companies and industries, innovate, individualize, and deliver. This isn’t a retread of scientific management , nor is it an updated take on scenario planning. It’s an entirely different animal.

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What a Good Moonshot Is Really For

Harvard Business Review

In response to a reporter''s question, last week Yahoo! At the heart of the future-back process is a consensus view of your company''s desired future state.This isn''t scenario planning, where you consider a range of possibilities. Innovators with credible, imaginative, and inspiring moonshots might yet give Thiel his dream.

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Create a Strategy That Anticipates and Learns

Harvard Business Review

And so the power of incumbency, firm competencies, and market share is giving way to the ability to engage across companies and industries, innovate, individualize, and deliver. This isn’t a retread of scientific management , nor is it an updated take on scenario planning. It’s an entirely different animal.

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The Potential and Pitfalls of Doing Business in Cuba

Harvard Business Review

The first is in regards to wages in the public sector, which as reported by the Cuban government stand at an average rate of over $7,000 USD per year. Under such a scenario, multinationals would see expanded opportunity across diverse sectors. This effectively means that these wages are overvalued by as much as 2400%.

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How Organizations Can Thrive in the Digital Economy - SPONSOR CONTENT FROM KORN FERRY

Harvard Business Review

Agile businesses run planning and execution in parallel, investing in scenario planning so they can act promptly when opportunities arise. This means moving away from traditional power structures, toward open, transparent, and connected structures and organizational cultures that encourage innovation and experimentation.

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An Exercise to Get Your Team Thinking Differently About the Future

Harvard Business Review

A way around this fallacy, we’ve found, is a speed-dating version of scenario planning, one that takes hours rather than months. Obviously, a brief workshop like this one shouldn’t be used to shape strategy; that requires true scenario planning.