Leading Blog

MAY 12, 2021

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. Are one or multiple futures more likely?

Scenario Planning 286

Scenario Planning Planning Uncertainty Airlines 286

N2Growth Blog

SEPTEMBER 29, 2016

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.

Scenario Planning 150

Scenario Planning Strategic Planning Planning Budgeting 150

Leading Blog

NOVEMBER 23, 2018

Finally, we decide on a path by weighing the variable outcomes against our overarching objectives. Then we make predictions about where all those different paths might lead us, given the variable at play. To make good decisions, we need to make those kinds of imaginative leaps. Johnson prescribes simulations to do just that.

Cost-Benefit Analysis 282

Cost-Benefit Analysis Scenario Planning Storytelling Objective 282

The Horizons Tracker

SEPTEMBER 28, 2022

As Don Moore and Max Bazerman explain in Decision Leadership, they’re able to look at data objectively; avoid being misdirected by those who seek to deceive; are aware of things that appear too good to be true; and are generally able to think a few steps ahead.

Game Theory 82

Game Theory Scenario Planning Diversity Document 82

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. It thoroughly emphasizes corporate social responsibility, adhering to ethical guidelines, and achieving strategic objectives.

Compliance 235

Compliance Efficiency Ethics Metrics 235

Harvard Business Review

JULY 10, 2014

But in terms of their objectives and planning horizons, there is often a yawning gap between these private and public sector players. It is not hard to see why the two sides find it challenging to confer about infrastructure needs – much less participate in each other’s planning processes.

Planning 8

Planning Scenario Planning Transportation Workshop 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. These organizations are no longer concerned about defined roles, instead focusing on shared objectives and metrics to deliver on specific projects.

Organization 8

Organization SPM Content Agility 8