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

N2Growth Blog

Digital technology has become a guiding light in these uncertain times, taking on a more prominent role in companies’ strategic plans. Engaging in risk management and scenario planning is also paramount. In addition, the ability to streamline and automate many business processes reduces waste and increases adaptability.

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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. It’s an approach that futurist April Rinne believes can equally be applied to our careers.

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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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The Window of Corporate Innovation Opportunity

Innovation Excellence

Let me share with you a key learning from my innovation work in and with diverse companies over the years. In brief, this notion can be delineated as follows: Sustainable, effective and impactful corporate innovation. One issue has been on my mind for quite some time. It can be termed pretty catchy as: Window of Corporate Opportunity.

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4 Steps To Become An Aware Leader

The Horizons Tracker

It’s often been argued that innovation progresses one funeral at a time, and there may be things in your own organization that need to die in order for you to start making smarter decisions. Central to this is the ability to spot the threats and challenges that may stand in our way.

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Could Social Distancing Be With Us Until 2021?

The Horizons Tracker

Scenario planning. The researchers simulated a number of different scenarios to try and gauge the impact different approaches to social distancing might have, both in terms of the number of people requiring inpatient and critical care, and those who ultimately die of the virus.

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Paul J.H. Schoemaker: A second interview by Bob Morris

First Friday Book Synopsis

Schoemaker is a pioneer in the field of decision sciences, among the first to combine the practical ideas of decision theory, behavioral economics, scenario planning, and risk management into a set of strategic decision-making tools for managers.