Framework for Strategic Foresight in Uncertain Environments PPT

This PPT slide, part of the 51-slide Strategic Foresight and Uncertainty PowerPoint presentation, presents a Corporate Foresight Framework designed for high-level strategic planning, particularly drawing from practices utilized by multinational companies (MNCs). At its core, the framework emphasizes the importance of understanding and navigating a VUCA (Volatile, Uncertain, Complex, Ambiguous) business environment. The visual structure illustrates a process flow that begins with "Scanning external environment," which is crucial for identifying both strong and weak signals that may indicate emerging trends or potential disruptions.

The slide highlights the significance of analyzing external signals, which serves as the foundation for informed decision-making. Following this, the framework includes "Scenario development," a critical step where various future scenarios are crafted based on the analyzed signals. This step is essential for preparing organizations to respond effectively to different potential futures.

Next, "Foresight sessions" are indicated, suggesting collaborative discussions that leverage insights from the previous steps to refine understanding and strategies. The process culminates in "Formulating response strategies," which is where actionable plans are developed to address the insights gained throughout the foresight process. Finally, the framework integrates these strategies into a "Strategic planning system," ensuring that foresight is embedded into the overall strategic framework of the organization.

This structured approach not only aids in anticipating strategic surprises, but also equips organizations to navigate complexities in their operational environments. The framework encourages a proactive mindset, essential for leaders aiming to steer their companies through uncertainty and capitalize on emerging opportunities.

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 Disruption

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