article thumbnail

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).

article thumbnail

Scenario Planning - build alternative futures.

Management Craft

BTW, I was looking at Thomas Chermack 's book, Scenario Planning in Organizations. Do you use scenario planning? Today's chaotic (complex systems) work environment demands that we get good at this. Scenario planning is focused on a continuously changing environment and makes it a part of planning.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Uncharted: How to Navigate the Future

Leading Blog

We can develop scenarios to “identify and test how and where the future and the present meet.” 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.”.

How To 352
article thumbnail

4 Steps To Become An Aware Leader

The Horizons Tracker

Understand our threats and challenges – the third step requires us to have a better understanding of how decisions are made and whether the right systems and tools are in place to help us make wise decisions. Central to this is the ability to spot the threats and challenges that may stand in our way.

article thumbnail

Could Social Distancing Be With Us Until 2021?

The Horizons Tracker

The researchers warn that a second wave of infections could be worse than the first, and healthcare systems could struggle to cope. Scenario planning. The model suggests that a relaxation in social distancing guidelines could result in a significant resurgence in infections.

article thumbnail

How to Become a Master Persuasive Storyteller

Skip Prichard

Because most of this process is unconscious, we tend not to recognize how powerful our visual system is. In the depths of the COVID-19 lockdown, executives at Salesforce developed a long-term scenario-planning tool to help enterprise customers rediscover their decision-making confidence in a world turned upside down.

article thumbnail

Crisis Management: The Ultimate Test of a Leader | In the CEO.

In the CEO Afterlife

Separately, but on the same topic, a question for you, John: How do you feel about “scenario planning” exercises as a way to try to imagine and think through the most probable crises that may confront a particular company or organization? September 13, 2011 at 10:30 pm. Thanks for the comment, Paul.