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

Leading Blog

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).

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

N2Growth Blog

By utilizing machine learning to streamline processes and leveraging data analytics to gain a deeper understanding of customer behavior, digital tools provide innovative solutions to today’s economic challenges. As a business leader in 2024, it is no longer optional but rather absolutely essential to leverage these digital tools.

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Exploring Alternate Futures Can Help Identify Future Leaders

N2Growth Blog

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. Those who know scenario planning know that its value isn’t in “predicting the future.”

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How Project Managers Can Better Navigate Setbacks

Harvard Business Review

Setbacks are common on projects — but project managers hold four key tools to understand why they happen and how to help their teams move past them. And fourth, scenario plan so that you have clear options for moving forward. First, understand the neuroscience behind setbacks to encourage people to learn and grow.

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A Practical Approach to Managing Workforce During COVID-19

HR Digest

A structured strategy for managing workforce can bring consistency into overall operations during today’s challenging times by putting people first. At the heart of any organization’s talent management strategy is headcount planning to ensure that it has the right number of talent with the right skills. Use of tools.

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Five Leadership Lessons from the Garden

Lead Change Blog

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.

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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.