Imagine you are sitting at your desk in September 2007. The Dow is close to 13,900; U.S. unemployment is 4.5%; and oil is $45 a barrel. You are in the middle of developing your organization’s plans ...
Scenario planning is also an effective way to strengthen bonds and improve communication within an organization. It provides colleagues with a common language with which to talk about the future. Ever ...
As we all navigate these confusing times, there’s a lot of talk about scenario planning. However, much of what’s said misses the core point of the practice. Let’s explore what scenario planning really ...
Even in the best of times, business planning is a complex exercise. At a minimum, planning requires inputs from across the organization, resulting in a roadmap that articulates how an organization ...
2020 brought unprecedented challenges to almost every business around the world. The business landscape has changed to the point that there is no more 'business as usual'. This has dramatically raised ...
A team that can respond quickly to unexpected challenges will be much less likely to be caught off guard or paralyzed by inaction when the next unforeseen event happens. The Fast Company Executive ...
For the past 18 months, we have all been living a once-in-a-generation moment. It has taught us that we have the resilience and skills to reimagine our current structures and policies on the fly; ...
Over the past year, we have witnessed a wave of largely unexpected sociopolitical events with important implications for the social-impact sector: Brexit, the US presidential election, the rise of ...
Over the past few months, investors from Sequoia to YC have sounded the clarion call to get their portfolio companies preparing for winter. At this stage, it does not matter if we agree or not: Enough ...
When conducting the dry run for your annual meeting, be sure to cover – to the extent you can – the unexpected by conducting scenario planning. Things might go according to plan, but they might not.
AbstractThe concepts utopia, scenario, and plan offer important ways to envision the future of place. Utopia describes the perfect, complete place. Scenario compares good alternative stories. Plans ...