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Defining Feasable / Probable Scenarios
Finding Driving Forces for Scenario Planning
To investigate potential driving forces, you can perform a PEST analysis (Political, Economic, Socie...
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Change How Decision-makers See the World
The Impact upon Mental Models of Decision-makers
A valuable insight by Pierre Wack on his pioneering work at Royal Dutch Shell was that scenarios had...
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Describing and Analyzing Driving Forces
Scenario Planning
Scenarios are caused by trends or driving forces. When analyzing potential trends or driving forces,...
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Four Bad Practices in Scenario Planning
Scenario Planning, Scenaro Thinking, Scenario Analysis
Harris (2014) mentions 4 common bad practices that should be avoided when conducting scenario analys...
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What to do after the Scenarios have been Described?
The Next Steps to Take...
According to Jeremy Kourdi, once you selected a relevant future scenario that you can work through t...
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Transformation Scenario Planning
Scenario Planning, Strategic Team Collaboration
Transformational Scenario Planning is not about adapting to certain possible situations; rather it f...
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Why Society is More Risky than Before
Understanding New Risk Categories, Risk Management
In his 1992 book " Risk Socie...
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How to Build Strategic Agility?
4 Phase Framework of Johnson & Johnson
In order to get strategic flexibility you can use the Johnson & Johnson four-phase framework...
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Learning via the Case Method
Decision-making, Problem-solving
The case method in business education has often been criticized, although it can be an approp...
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The Advantages of Group Decision-Making
Group Decision-Making
The benefits of group decision-making include:
- Synergy: Group decisions tend t...
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Taking Risk Management from Control and Compliance into a Competitive Advantage
Strategic Risk Management
Since events tend to be repetitive over time, many management experts support the idea that an ef...
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Align Strategy and Risk Management
Performance-Aligned Risk Management
In a recent white paper titled "Foundations of GRC: Enhancing Business Performance Through Risk Mana...
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How to Link Risk Management and Strategy?
Strategic Risk Management, Best Practices
Firms practicing strategic risk management:
1. Create value by embracing risks, shaping ...
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3 Causes of Disagreement in Team Decision-making Processes
Group Decision-making, Team Decision-making, Reasons for Disagreement, 3 Fs, Group Collaboration
According to Freeman and Haskins (2014), there are three main categories of potential root causes fo...
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History of Scenario Planning
Decision-making
- The scenario planning approach was first introduced after World War II, as a tool for military pla...
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From Scenario Planning to Scenario Thinking and Scenario Learning
Scenario Planning
Recently you can also encounter the terms scenario thinking, scenario analysis and scenario learning...
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How to Use Counterintuition to Fight 5 Frequent Decision Making Errors
Strategic Decision Making, Dealing with Complexity, Dealing with Uncertainty, Strategy
Mauboussin describes five mistakes in decision making that are often made and result in making the w...
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Narrative-based Scenario Planning
Scenario Planning, Strategic Agility, Anti-Fragility
Traditional scenario-planning generally provides a bigger picture in which trends and shocks are rev...
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Meta-cognition (Meta-thinking) in Scenario Thinking
Schools of Thought, Strategic Thinking, Scenario Thinking, Strategic Assumptions, Strategic Reasoning
Most businesses are primarily concerned with the type of thinking that tries to make complex problem...
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The Disadvantages of Group Decision-Making
Group Decision-Making
The drawbacks of group decision-making include:
- Longer time frame: Groups gener...
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Having more than 1 Team in Scenario Planning
Scenario Planning
HBR March 2007 has an interesting short article on Coevolutionary War Gaming by Alidade consultants ...
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