Strategic Foresight and Uncertainty   51-slide PPT PowerPoint presentation slide deck (PPTX)
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Strategic Foresight and Uncertainty (PowerPoint PPTX Slide Deck)

PowerPoint (PPTX) 51 Slides

#2 in COVID-19 $69.00
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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BENEFITS OF DOCUMENT

  1. Includes frameworks to help build a strategic foresight capability
  2. Provides a classification of methods used to monitor change drivers and clarify uncertainties
  3. Breaks down a process for running a strategic foresight project

DESCRIPTION

This product (Strategic Foresight and Uncertainty) is a 51-slide PPT PowerPoint presentation slide deck (PPTX), which you can download immediately upon purchase.

Even before COVID-19, the world has been witnessing accelerating change and increasing complexity, partly due to the speed of technological development and adoption.

Strategic foresight includes a collection of method to help consider and anticipate an array of possible futures that could impact an organization, making it more adapt at facing "VUCA" – volatility, uncertainty, complexity and ambiguity.

While a strategic foresight exercise traditionally focused on a 10- to 20-year time horizon, the high levels of uncertainty created by the COVID-19 pandemic requires looking at significantly shorter time horizons.

With the traditional strategic planning assuming a reasonably stable environment, the strategic planning process can be enhanced by embedding foresight methods and tools.

Contents

1. Strategic Foresight Overview
•  Context
•  Key definitions
•  Why use strategic foresight
•  What strategic foresight is not
•  Traditional strategic planning versus strategic foresight
•  Barriers to strategic foresight and potential counteractions
•  Benefits of strategic foresight
•  Critical considerations for strategic foresight during a crisis
•  A futurist approach to strategic planning for a given uncertainty

2. Strategic Foresight Methods
•  The Foresight Diamond
•  Examples of foresight methods
•  Two directional orientations of foresight methods
•  Common tools for corporate foresight practices

3. Strategic Foresight Frameworks

3A. Generic Foresight Process Framework
•  Key activities and associated questions
•  Key elements and their impact on the process
•  Key activities and associated tools

3B. Integrated Foresight Framework
•  Key activities and associated tools
•  Integrated foresight process

3C. Corporate Foresight Framework
•  High-level process based on MNC practices
•  Foresight integrated long-term planning

3D. Framework Foresight
•  Process with the description of each phase
•  Process with the outcome of each phase

4. Undertaking a Strategic Foresight Project
•  Phase 1: Frame
•  Phase 2: Scan
•  PESTEL analysis sample factors
•  PESTEL analysis factors – summary slide
•  Impact/uncertainty matrix – based on input from PEST or PESTEL analysis
•  Impact/uncertainty matrix – summary slide
•  Phase 3: Futurize
•  The futures cone with alternative futures
•  2 x 2 scenario matrix – summary slide
•  Identified key scenarios descriptions – summary slide
•  Three horizon approach with scenarios embedded
•  Phase 4: Envision
•  Phase 5: Design
•  Backcasting milestones
•  Phase 6: Adapt

This PPT provides a comprehensive overview of the benefits of strategic foresight, including the ability to clarify key uncertainties and develop an alert system to monitor critical change drivers. It also delves into various foresight methods and frameworks, offering practical tools for corporate foresight practices.

Got a question about the product? Email us at support@flevy.com or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Best Practices in COVID-19, Strategic Planning, Strategic Thinking, STEEPLE PowerPoint Slides: Strategic Foresight and Uncertainty PowerPoint (PPTX) Presentation Slide Deck, ILMAM - Strategy & Management Consulting

PPT SLIDE DEEP DIVES

Framework for Strategic Foresight and Future Scenarios

Strategic Planning Process: Framework Foresight Overview

Comparative Analysis: Strategic Planning vs. Foresight

Strategic Foresight: A Three-Horizon Framework

Overcoming Barriers to Strategic Foresight

Framework for Strategic Planning Amid Uncertainty

Framework for Strategic Foresight Approaches

Framework for Strategic Foresight Approaches

This PPT slide presents a framework for understanding the generic foresight process, highlighting key elements and their influence on strategic outcomes. It categorizes approaches into 4 distinct types: Reactive Strategy Approach, Shallow Foresight Process, Shallow/Narrow Foresight Process, and Robust Foresight Process.

Each approach has a structured flow of inputs, foresight analysis, and outputs that lead to strategic decisions. The Reactive Strategy Approach is positioned as the most basic, relying solely on inputs and analysis to inform strategy. This method lacks depth and may result in missed opportunities for proactive planning.

The Shallow Foresight Process introduces a prospecting element, suggesting a slight enhancement over the reactive approach. However, it still falls short of comprehensive analysis, which limits its effectiveness. The Shallow/Narrow Foresight Process builds on this by incorporating both prospecting and analysis, yet it still doesn't fully leverage the potential of foresight methodologies.

The Robust Foresight Process stands out as the most sophisticated approach. It integrates interpretation alongside analysis and prospecting, allowing for a more nuanced understanding of future possibilities. This comprehensive framework enables organizations to better anticipate changes and adapt strategies accordingly.

The slide emphasizes the importance of undertaking prospecting—essentially asking “What might happen”—while cautioning against neglecting the interpretation phase. Skipping this step can lead to a superficial understanding of potential scenarios, ultimately impacting strategic effectiveness. This framework serves as a guide for organizations aiming to enhance their strategic foresight capabilities.

Structured Approach to Strategic Foresight

Critical Considerations for Strategic Foresight in Crises

Framework for Strategic Foresight Methodologies

Framework for Strategic Foresight in Uncertain Environments

Exploratory vs. Normative: Strategic Foresight Approaches

Framework for Scanning and Prioritizing Trends

Defining Strategic and Corporate Foresight


$69.00
MBB/Big 4 style presentation that guides on how strategic planning process can be enhanced by embedding foresight methods and tools.
Add to Cart
  

ABOUT THE AUTHOR

Additional documents from author: 29

ILMAM is a strategy and management consulting provider that specializes in:

•  Strategic management, including strategic planning and performance management

•  Strategy enablers, such as key business processes and governance

Select top quality guides and tools are offered through to enable you to perform work at your company or support your clients effectively and ... [read more]

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