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 150

Scenario Planning Airlines Leadership Fashion 150

First Friday Book Synopsis

MAY 23, 2012

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.

Scenario Planning 85

Scenario Planning Risk Management Tools Planning 85

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 12

Scenario Planning Strategic Planning Kleiner Management 12

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. Implementing new strategies driven by advanced technology contributes significantly to organizational efficiency and effectiveness.

Compliance 235

Compliance Efficiency Ethics Metrics 235

Harvard Business Review

OCTOBER 6, 2014

But maybe the thrill of accomplishment in these pockets is diverting senior managers’ attention from another, even more critical opportunity: Digital technologies are also rapidly changing how managers can acquire and assess the information they use to develop and execute on enterprise-wide strategy.

Strategy 11

Strategy Scenario Planning Scientific Management Supply Chain 11

CO2

JANUARY 2, 2011

The Empathy Map looks like this: In this chapter the authors walk you through processes to arrive a enhanced design like Customer Insights, ideation, providing an introduction to the value of visual thinking, how to use prototyping, story telling, and Scenario Planning. This final chapter puts it all together.

Business Model 141

Business Model Executive Coaching Execution Blog 141

Harvard Business Review

JUNE 15, 2018

To make the best decisions, managers need access to real-time data about their supply chain, but the limitations of legacy technologies can thwart the goal of end-to-end transparency. New digital technologies that have the potential to take over supply chain management entirely are disrupting traditional ways of working.

Supply Chain 8

Supply Chain Management Retail Technology 8

Harvard Business Review

OCTOBER 6, 2014

But maybe the thrill of accomplishment in these pockets is diverting senior managers’ attention from another, even more critical opportunity: Digital technologies are also rapidly changing how managers can acquire and assess the information they use to develop and execute on enterprise-wide strategy.

Strategy 8

Strategy Scenario Planning Scientific Management Supply Chain 8

Harvard Business Review

MAY 2, 2016

As UCLA’s Richard Rumelt, a leading expert on strategic planning, writes in his book Good Strategy, Bad Strategy , one of the quintessential components of good strategy is the ability to take a step out of the internal storyline and shift viewpoints.

Strategy 8

Strategy Goleman Strategic Planning Parcell 8

Harvard Business Review

AUGUST 13, 2012

A terrorist incident, a breakdown of the London rail system, power blackouts, volcanic ash clouds , flooding, an outbreak of infectious disease—the London organizing committee (LOCOG) and the International Olympic Committee (IOC) spent years thinking about every scenario they could imagine.

Risk Management 15

Risk Management Management Committee Insurance 15

Innovation Excellence

DECEMBER 10, 2019

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

Innovation 79

Innovation Diversity Scenario Planning Company 79

Center for Creative Leadership

JUNE 22, 2020

Intense crises and rapid change reveal gaps in organizations’ strategies, preparedness, and ability to respond quickly. Carefully developed long term plans can become obsolete overnight as we face futures that are undeniably different than what we anticipated. Things that don’t work as planned indicate that more learning is required.

Leadership 106

Leadership How To Long-term Short-term 106

Harvard Business Review

MAY 29, 2017

and European elections, to management of the Syrian War, it’s clear that relations between the West and Russia have become increasingly hostile. But based on the experience and strategies of our clients, there are ways that they can manage the uncertainty. Jennifer Maravillas for HBR. So, what can businesses do?

Policies 8

Policies Supply Chain Politics Operations 8

Harvard Business Review

NOVEMBER 8, 2018

In addition, companies must begin to factor deep fakes and other reality-distortion techniques into their crisis-scenario planning. Reputation protection in this new world will require adding a new layer to a company’s rapid response and communications strategies.

Reputation 10

Reputation Company Video Crisis 10

Harvard Business Review

NOVEMBER 1, 2011

For example, sometimes when a senior manager makes a request, it causes a cascade of activity that is far beyond what she intended. To minimize their negative impact, there are two steps that managers can take: Plan ahead (as much as you can). Author's Note: My colleague Holly Newman contributed ideas and research for this post.

Airlines 11

Airlines Supply Chain Scenario Planning Travel 11

Strategy Driven

OCTOBER 25, 2013

Thinking Through the Strategies. Crisis management is so much more than handling of the media. The Business Tree : Growth Strategies and Tactics for Surviving and Thriving. The Business Tree : Growth Strategies and Tactics for Surviving and Thriving. Our strategy to address the crisis was three-fold. by Hank Moore.

Crisis Management 77

Crisis Management Crisis Risk Management Budgeting 77

Harvard Business Review

MARCH 23, 2011

Old efficiency thinking based on engineering and rational market models needs to be replaced by a creative intelligence based on imagining, building and managing new futures. A former assistant managing editor for Business Week , he is professor of Innovation and Design at Parsons The New School for Design.

Uncertainty 13

Uncertainty Supply Chain Scenario Planning Sharpe 13

Harvard Business Review

SEPTEMBER 5, 2013

Scenario planning is as essential for strategy formulation as it is for the design of next generation technologies and industries. Thinking in terms of scenarios forces people to rigorously examine fundamental assumptions and unexpected risks. Fantasy Sports Competition. Comparative Coding.

Class 9

Class Education Supply Chain Sports 9

Strategy Driven

NOVEMBER 2, 2012

The Business Tree : Growth Strategies and Tactics for Surviving and Thriving. Budgets get more attention than the umbrellas under which they rightfully belong: Strategic Planning and Visioning. Budgeting by itself is a minor piece of business strategy. Are budgeting measures used to manage performance? by Hank Moore.

Strategic Planning 68

Strategic Planning Budgeting Planning Competitive Advantage 68

Harvard Business Review

SEPTEMBER 9, 2015

Strategies to Implement Now. Demand forecasting may become more challenging as demand patterns change, and companies may be advised to look into forecasting methods based on scenario planning rather than historical patterns. All of this causes significant swings in inventory and orders.

Supply Chain 8

Supply Chain Retail Crisis Operations 8

Harvard Business Review

MARCH 28, 2017

Agile businesses run planning and execution in parallel, investing in scenario planning so they can act promptly when opportunities arise. Digitally sustainable organizations are agile: They think fast, decide fast, execute fast, fail fast, learn fast, and scale fast. They are also prepared to take risks.

Organization 8

Organization SPM Content Agility 8

Harvard Business Review

JANUARY 31, 2013

In this environment, manufacturing companies are rethinking their location strategies and not simply following the path of lowest wages. Manufacturing leaders will need to manage not only across geographies, but across their own organizational silos and beyond to a virtual ecosystem of suppliers and partners.

Globalization 9

Globalization Supply Chain Pharmaceuticals McKinsey 9

Harvard Business Review

OCTOBER 31, 2016

Organizations have begun to realize that it can also be applied to a traditionally slow function: strategy. Designed as a thoughtful multistakeholder process, strategy has long been the domain of careful deliberation based on a maximum amount of information. In a dynamic marketplace, the value of traditional strategy is diminishing.

Agility 8

Agility Strategy Short-term Long-term 8

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 8

Planning Scenario Planning Transportation Workshop 8

Harvard Business Review

FEBRUARY 14, 2011

There is a danger that even after dealing with the crisis, managers will continue to give short shrift to their nonmarket and other fundamental corporate choices. Managers often think about strategy in narrow terms, engaging consultants to advise on such questions as divisional structures and the restructuring of reporting lines.

Strategy 13

Strategy Politics Short-term Long-term 13

Harvard Business Review

MAY 15, 2018

Only a minority of firms is well ahead in planning and preparing a UK market strategy. At the recent Brexit Workshop we held for clients — in this case, 19 UK heads of some of the world’s largest multinational firms — 10 of them had not started or had only just begun planning for Brexit.

Planning 8

Planning Supply Chain Strategic Planning Workshop 8

Strategy Driven

JANUARY 8, 2019

The simplest way to imagine and prepare for the future is to devise intelligent strategies that will serve your company well. 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 74

Flextime How To Scenario Planning Consultative 74

Harvard Business Review

JANUARY 14, 2015

In 2013, we conducted a number of interviews and surveyed 270 female managers in Fortune 500 organizations to determine what they liked and disliked about business meetings. According to Gail’s manager, she had a solid reputation, and her work was considered to be impeccable. Let planning trump politics. The problem?

Politics 8

Politics Strategy 360-Degree Feedback Mentor 8

Harvard Business Review

JUNE 7, 2017

Boards will also have to communicate how the organization’s strategy is compatible with a low-carbon economy and what investments will need to be made to remain competitive.

Tips 8

Tips Supply Chain Proposal Decentralization 8

Harvard Business Review

JUNE 20, 2017

My firm, Frontier Strategy Group (FSG), expects that formal talks will begin in late August or early September, after the required 90-day waiting period. Most Mexico country managers believe one of the following scenarios is likely: A long period of populist-driven uncertainty. Congress of its intent to begin the process.

Supply Chain 8

Supply Chain Depreciation Uncertainty Marketing 8