Organizations during good times enjoy lenient and thriving economic conditions. The confidence interval for tolerance of errors is relatively high. There isn’t a pressing requirement for overhauling operations or Business Models, compelled by external factors. There is a rare feeling of sense of urgency and people tend to take time to ponder over and carefully […]
Tag Archives | Scenario Planning
Forecasting Uncertainty
The impact of unforeseen crises—such as economic depressions, natural disasters, and black swan events (i.e. the recent COVID-19 pandemic—is immense. Crises can paralyze organizations and economies alike. These times are certainly anything but business as usual for almost all organizations. There are safety concerns everywhere. People have restricted movement, business activities slow down, and cash […]
Scenario Planning in Crisis
Wars, downturns, calamities, pandemics, and other crises drive businesses into uncertain situations, low turnovers, stagnant growth, unemployment, and even insolvencies. These crises often arise uninformed. It is difficult to guide organizations through challenging circumstances and envisage the effects and severity of crises. Financial planners and CFOs, though, try to confront these situations, but at times […]
Scenario Planning: Oxford Approach
Financial uncertainties, unpredictable national and international scenarios, environmental hazards, and technological breakthroughs have taken organizations by a surprise. This has led many leaders to turn to Scenario Planning in order to come up with multiple possible scenarios—instead of planning and devising strategy for a single possible event. Scenarios encompass plausible, but unpredictably important, situations and […]
Scenario Planning : A Workshop Consulting Approach When the Future Needs to be Different
In today’s business environment, management consulting firms must be ready to address client challenges and needs that will transform their business by 10 or 100 times. Tools and methods must be scaled up to ensure applicability to the widest possible audience globally. The Consulting Workshop Series provides a good understanding of the 10 Methods of […]
Scenario Planning for Consultants – Strategizing The Uncertainties
Major, uncertain shifts in the organization’s environment call for a resilient strategy that will keep the organization either afloat or, better still, ahead of the game. We need a tool that will test the flexibility of our existing strategy against various possible future alternatives. It should be that powerful that it can allow us to […]
Change Management, Scenario Planning, Behavioral Interviewing, and more
New & Recommended Documents (Week of 7/1) 1. Scenario Planning View more from learnppt Scenario Planning, also called Scenario Thinking or Scenario Analysis, is a method used in the strategic planning process to help businesses make flexible long-term plans. This document describes a 9-phase process for Scenario Planning, and shows [Read More] 2. Behavioral Competency Based Interviews […]
23 Business Strategy & Management Models
Recently, we partnered with PPT Lab, a crowd-sourced slide production service, to sell their presentation documents. Each month, PPT Lab develops 50+ slides worth of business presentations, where the content is driven by their community of subscribers. Now, non-subscribers can purchase individual presentations directly through Flevy. There is one presentation in particular that we’d like to […]
