Framework for Scanning and Prioritizing Trends PPT

This PPT slide, part of the 51-slide Strategic Foresight and Uncertainty PowerPoint presentation, outlines the second phase of a strategic foresight project, focusing on the "Scan" process. It begins with identifying trends using established frameworks like PEST or PESTEL. This initial step emphasizes the importance of a structured approach to recognize relevant trends that may impact the organization.

Next, the slide details the review process for each identified trend. It specifies that only trends that are either increasing, decreasing, or fundamentally changing should be retained. Additionally, these trends must be backed by credible sources, ensuring that the information is reliable and actionable.

Following the review, the slide introduces the prioritization of trends. This involves sorting the trends based on their potential impact on a defined domain, rated from low to high. Certainty is another criterion for prioritization, ranging from uncertain to completely certain. This dual sorting mechanism helps in focusing efforts on trends that are both impactful and reliable.

Finally, the slide discusses preparation for the next phase. It highlights the importance of carrying over trends that are categorized as having high impact and high uncertainty. This indicates a proactive approach to managing potential risks and opportunities as the project progresses.

Overall, this slide serves as a practical guide for executives looking to implement a systematic approach to trend analysis and strategic foresight. It underscores the necessity of credible data and structured methodologies in navigating complex business environments.

This slide is part of the Strategic Foresight and Uncertainty PowerPoint presentation.

MBB/Big 4 style presentation that guides on how strategic planning process can be enhanced by embedding foresight methods and tools.

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Strategic Planning COVID-19 Strategic Thinking PEST Strategic Foresight

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