N2Growth Blog

MAY 13, 2024

By providing leaders with the necessary tools and techniques, they can navigate the complexities of the business environment, align their vision and strategies with the market demands, and achieve their organization’s goals. On the other hand, scenario planning prepares leaders to respond effectively to potential future situations.

Training 221

Training Company Leadership Scenario Planning 221

In the CEO Afterlife

SEPTEMBER 12, 2011

by John • September 12, 2011 • Human Resources , Leadership , Strategy • 4 Comments. Advance planning is very important, however, as you know, it’s impossible to know every crisis that may come your way. Formerlife: CEO of Jacobs Suchard (Nabob, Kraft), Strategy/Branding Consultant. In the CEO Afterlife.

Crisis Management 268

Crisis Management Crisis CEO Management 268

N2Growth Blog

SEPTEMBER 29, 2016

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.”

Scenario Planning 150

Scenario Planning Strategic Planning Planning Budgeting 150

Leading Blog

NOVEMBER 23, 2018

Almost every strategy described in this book ultimately pursues the same objective: helping you see the current situation from new perspectives, to push against the limits of bounded rationality, to make a list of things that would never occur to you. To make good decisions, we need to make those kinds of imaginative leaps.

Cost-Benefit Analysis 327

Cost-Benefit Analysis Scenario Planning Storytelling Objective 327

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

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 243

Compliance Efficiency Ethics Metrics 243

Innovation Excellence

FEBRUARY 11, 2018

When it comes to developing strategy using the Play-to-Win framework, the most difficult question to answer is “How will we win?” From what I’ve observed and experienced in facilitating countless strategy sessions, I believe the reason it’s so difficult is that there is a tendency to discuss and answer the question in the abstract, which.

Strategy 78

Strategy Development Scenario Planning Planning 78

Lead from Within

OCTOBER 1, 2024

Succession Planning and Scenario Planning AI can help organizations model various succession planning and talent management scenarios, stress-testing leadership bench strength and identifying potential gaps.

Leadership Development 128

Leadership Development Development Leadership Scenario Planning 128

Lead from Within

OCTOBER 14, 2024

By forecasting potential outcomes and scenarios, you can proactively adapt your strategies and make decisions that position your organization for success. Scenario Planning : AI can simulate multiple scenarios and assess the potential impact of different decisions.

Scenario Planning 124

Scenario Planning Trends Leadership Styles Efficiency 124

Harvard Business Review

NOVEMBER 30, 2023

Generative AI can help organizations overcome inherent shortcomings in conventional processes for performing contingency scenario planning. This article explores how the technology can do that and provides an example: a simulation that the authors conducted.

Scenario Planning 29

Scenario Planning Planning Technology Article 29

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

HR Digest

OCTOBER 7, 2020

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.

Management 98

Management Crisis Supply Chain Scenario Planning 98

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

Innovation Excellence

FEBRUARY 16, 2018

Obviously the stock market, and more importantly, the economy in general has a big impact on innovation. But whether or not it makes sense from a long term vision, investment in innovation is often one of the first places to get hit when money gets tight. We have all got somewhat used to a.

Marketing 76

Marketing Innovation Strategy Long-term 76

Experience to Lead

MARCH 24, 2025

Reverse mentoring, scenario planning and design thinking workshops all encourage people to question assumptions and reframe problems in new ways. Take this short quiz to find out! L&D can support a growth mindset in the long term by designing learning experiences that push participants out of their comfort zones.

Learning-by-Doing 52

Learning-by-Doing Scenario Planning Short-term Travel 52

Harvard Business Review

APRIL 21, 2023

Leaders of companies with operations in Russia share how they’ve navigated new and unexpected challenges during the war in Ukraine.

Scenario Planning 23

Scenario Planning Planning Operations Company 23

Harvard Business Review

JULY 28, 2020

A conversation with consultant Peter Scoblic on scenario planning lessons from the U.S. Coast Guard.

Scenario Planning 15

Scenario Planning Planning Strategy Consultative 15

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

Innovation Excellence

JUNE 15, 2020

The uncertainty unleashed by the pandemic reinforced that strategic thinking is needed more than ever, and clients will continue to pay top dollar for contingency planning, scenario planning, and business strategy. How do you digitize a robust, collaborative business strategy process for an executive team, for example?

Consultative 64

Consultative Gantt Chart Contingency Plans Business Model 64

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 can anticipate and learn.

Strategy 15

Strategy Scenario Planning Scientific Management Supply Chain 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 89

Innovation Diversity Company Scenario Planning 89

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.”

Scenario Planning 15

Scenario Planning Strategic Planning Kleiner Management 15

Harvard Business Review

FEBRUARY 14, 2011

What is needed now are well thought-out nonmarket strategies — beginning with a recognition that a nonmarket strategy is much bigger than litigation and purchasing political risk (though both are valuable). Thus managers play it safe, choosing to replicate rivals' strategy and, ultimately, to earn close-to-the-mean returns.

Strategy 15

Strategy Politics Short-term Long-term 15

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 can anticipate and learn.

Strategy 8

Strategy Scenario Planning Scientific Management Supply Chain 8

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

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

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

NOVEMBER 1, 2011

To minimize their negative impact, there are two steps that managers can take: Plan ahead (as much as you can). One way to reinforce this assumption is to engage in scenario planning before pulling the trigger, preferably by engaging people who will be affected by the change.

Airlines 15

Airlines Supply Chain Scenario Planning Travel 15

Harvard Business Review

MAY 14, 2013

They''re a keystone of what we call a "future-back" approach to strategy, which unlike the "present forward" nature of most strategic-planning processes, doesn''t operate under the assumption that tomorrow will be pretty much like today, and the day after pretty much more of the same. Innovation Strategy' First, it inspires.

Scenario Planning 9

Scenario Planning Consensus Strategic Planning Innovation 9

Harvard Business Review

MARCH 23, 2011

The kind of thinking generated by scenario planning, video/war-gaming, and design thinking need to move from the margins of corporations and government organizations to core strategic positions. They need to be embraced by leaders to enable them to deal with a world of radical uncertainty.

Uncertainty 15

Uncertainty Supply Chain Scenario Planning Sharpe 15

Harvard Business Review

JANUARY 23, 2015

A way around this fallacy, we’ve found, is a speed-dating version of scenario planning, one that takes hours rather than months. Obviously, a brief workshop like this one shouldn’t be used to shape strategy; that requires true scenario planning.

Kahneman 8

Kahneman Scenario Planning Pharmaceuticals Workshop 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 14

Reputation Company Video Crisis 14

Harvard Business Review

AUGUST 13, 2012

Ensuring readiness for Games-time (in Olympic-speak) now involves strategic pre-emption through stress-testing and scenario planning. Risk mitigation is now integrated into decision-making and operations, and no longer treated as just an input into the calculation of insurance premiums.

Risk Management 17

Risk Management Management Committee Insurance 17

Harvard Business Review

MAY 29, 2017

This will likely continue to make business planning even more difficult. But based on the experience and strategies of our clients, there are ways that they can manage the uncertainty. These can be laid out in scenario plans with specific mitigation actions assigned to help businesses react quickly if necessary.

Policies 12

Policies Supply Chain Politics Operations 12

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.

Class 13

Class Education Supply Chain Sports 13

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. For example, in a world of rising and complex risk, they will need to adopt planning systems that don't rely on point forecasts, but use scenario planning.

Globalization 12

Globalization Supply Chain Pharmaceuticals McKinsey 12

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