N2Growth Blog
APRIL 19, 2024
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.
Leading Blog
DECEMBER 15, 2020
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.
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Leading Blog
NOVEMBER 23, 2018
Engaging in scenario planning or gaming is not to make accurate predictions, but “the very act of trying to imagine alternatives to the conventional view helps you perceive your options more clearly.” Pierre Wack wrote in the Harvard Business Review , “No single ‘right’ projection can be deduced from past behavior.
Harvard Business Review
MAY 2, 2018
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.”
Strategy Driven
NOVEMBER 2, 2012
Have you done scenario planning of measures beyond your immediate control, i.e. external factors which profoundly impact your livelihood? Speed, accuracy and efficiency of project fulfillment. Do performance measures provide an early warning system for problems? How do you handle crisis management and preparedness?
Strategy Driven
OCTOBER 25, 2013
Next comes Crisis Planning. What-if scenario planning is similar to the processes utilized in overall company strategic planning and visioning. The crisis plan must be part of the bigger process, not an adjunct or afterthought. They can be turned from disasters into opportunities to project corporate strengths.
Harvard Business Review
MARCH 28, 2017
This revealed five essential leadership and organizational capabilities: discipline and focus, agility, connectivity, openness and transparency, and empowerment and alignment. Agile businesses run planning and execution in parallel, investing in scenario planning so they can act promptly when opportunities arise.
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