The Impact Of Scenario Based Strategic Planning On Strategic Decision Making
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The Impact Of Scenario Based Strategic Planning On Strategic Decision Making
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Author : Philip Meißner
language : en
Publisher:
Release Date : 2011
The Impact Of Scenario Based Strategic Planning On Strategic Decision Making written by Philip Meißner and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Scenario Based Strategic Planning
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Author : Burkhard Schwenker
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-12-05
Scenario Based Strategic Planning written by Burkhard Schwenker and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-05 with Business & Economics categories.
In a world characterized by increasing complexity and volatility, managers must be able to flexibly adapt their strategies to changing environmental conditions. Traditional strategic management frameworks often fail in this context. Therefore, we present "scenario-based strategic planning" as a framework for strategic management in an uncertain world. Previous approaches to scenario planning were complex and focused on the long term, but the approach developed by Roland Berger and the Center for Strategy and Scenario Planning at HHL Leipzig Graduate School of Management is different. By designing appropriate tools and integrating scenario planning into strategic planning, we have made our approach less complex and easier for firms to apply. We illustrate the approach with examples from different industries.
Scenario Planning Revised And Updated
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Author : Mats Lindgren
language : en
Publisher: Springer
Release Date : 2009-03-31
Scenario Planning Revised And Updated written by Mats Lindgren and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-31 with Business & Economics categories.
Recent research in the field of business strategy has shown that strategic flexibility can be achieved through a scenario planning perspective for long-term competition and performance. The authors have drawn upon examples and case studies to develop a new model for scenario planning that is closely integrated with strategy and innovation.
The Scenario Planning Handbook
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Author : Bill Ralston
language : en
Publisher: South Western Educational Publishing
Release Date : 2006
The Scenario Planning Handbook written by Bill Ralston and has been published by South Western Educational Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business planning categories.
The primary objective of the book is to provide decisionmakers the insight and means to apply this technique in changing the way they think about and plan for the future. Scenario-based strategy both confronts and deals with uncertainty and leads to a strategy that is focused but resilient, specific but flexible. The handbook guides readers step by step through the sequence and intricacies of a scenario project and the subsequent strategic decision-making. It explains what scenarios are and are not, when they are needed, as well as their uses and benefits. It also deals with cultural and organizational changes that an organization must undertake to maximize the benefits of scenario-based planning.
Scenario Planning
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Author : M. Lindgren
language : en
Publisher: Springer
Release Date : 2002-12-04
Scenario Planning written by M. Lindgren and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-12-04 with Business & Economics categories.
Recent research in the field of business strategy has shown that strategic flexibility can be achieved through a scenario planning perspective for long term competition and performance. The authors have drawn upon examples and cases to develop a new model for scenario planning that is closely integrated with strategy. They argue that the concept of scenario planning is as much an art as a practical management tool.
Scenario Planning
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Author : Woody Wade
language : en
Publisher: John Wiley & Sons
Release Date : 2012-03-14
Scenario Planning written by Woody Wade and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-14 with Business & Economics categories.
Is your business ready for the future? Scenario planning is a fascinating, yet still underutilized, business tool that can be of immense value to a company's strategic planning process. It allows companies to visualize the impact that a portfolio of possible futures could have on their competitiveness. It helps decision-makers see opportunities and threats that could emerge beyond their normal planning horizon. Scenario Planning serves as a guide to taking a long-term look at your business, your industry, and the world, posing thoughtful questions about the possible consequences of some current (and possible future) trends. This book will help you: Outline (and help you prepare for) any trends that could play out in the future that could change the political, social, and economic landscapes and significantly impact your business Explore the impact of technological advances and the emergence of new competitors to your business Examine challenges that are only dimly recognizable as potential problems today This visual book will help you answer this question: Is my organization ready for every possibility?
Strategic Decision Making
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Author : George Wright
language : en
Publisher: John Wiley & Sons
Release Date : 2001-12-21
Strategic Decision Making written by George Wright and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-12-21 with Business & Economics categories.
Good decision making is crucial to good management and successful strategic planning. Sadly the decision making capabilities within organisations are often poor. Using a fascinating and very readable combination of psychological theory, pencil-and-paper thought problems, and material from contemporary media, George Wright demonstrates why high-profile strategic disasters occur and how to prevent your own organisation from making similar mistakes. Case studies include Marks & Spencer, Dyson, Baring's Bank and the Millennium Dome.
Models Of Scenario Building And Planning
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Author : A. Martelli
language : en
Publisher: Springer
Release Date : 2014-10-01
Models Of Scenario Building And Planning written by A. Martelli and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-01 with Business & Economics categories.
Models of Scenario Building and Planning offers a unique and innovative exploration of the scenario approach. The book focuses on the analysis of the competitors' behavior; the analysis of risk and uncertainty; and the link between scenarios and strategies.
Cultural Influences On The Process Of Strategic Management
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Author : Andreas Michael Schühly
language : en
Publisher: Springer Nature
Release Date : 2022-01-01
Cultural Influences On The Process Of Strategic Management written by Andreas Michael Schühly and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-01 with Business & Economics categories.
This unique book is positioned at the crossroads of strategic management and international business. Based on an in-depth literature review, the author empirically assesses the widely shared, implicit assumption that strategic management processes can be globally applied in a standardized, i.e., culture-free, manner. So far, a variety of tools have also been recommended but without incorporating cultural differences. As many organizations observe that this ethnocentric view is more an illusion than reality, strategic management research has started to focus on the cultural sensitivity of its theories, tools, and processes to provide practitioners in a multicultural setting with adequate know-how and tools. To foster long-term decision-making despite uncertainty, scenario planning is frequently applied by practitioners. Up until today, scenario planning has however gained little attention from the academic community. Through this book, the author presents a newly developed framework for strategic management that combines the cultural value scale to test the cultural sensitivity of the long-term planning tool called “scenario planning.” The different process steps of scenario planning have been individually examined for their sensitivity toward the cultural dimensions of uncertainty avoidance and long-term orientation. The investigation is based on a unique, global set of management consultants working for a leading professional service firm. The results of this research show the cultural sensitivity of scenario planning, with different degrees of the process steps and the tested cultural dimensions.
Enhancing Strategic Planning With Massive Scenario Generation
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Author : Paul K. Davis
language : en
Publisher: Rand Corporation
Release Date : 2007
Enhancing Strategic Planning With Massive Scenario Generation written by Paul K. Davis and has been published by Rand Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Technology & Engineering categories.
This report extends research on using scenarios for strategic planning, with experiments in what can be called massive scenario generation (MSG), a computationally intensive technique that seeks to combine virtues of human- and model-based exploration of "the possibility space." The authors measure particular approaches to MSG against four metrics: not needing a good initial model; the dimensionality of the possibility space considered; the degree of exploration of that space; and the quality of resulting knowledge. The authors then describe two MSG experiments for contrasting cases, one that began with a reasonable but untested analytical model, and one that began without an analytical model, but with a thoughtful list of the conditions that might characterize and distinguish among circumstances in the situation considered, a list derived from a combination of single-analyst thinking and group brainstorming. The authors experimented with a variety of methods and tools for interpreting and making sense of the "data" arising from MSG, using ordinary linear sensitivity analysis, a generalization using analyst-inspired aggregation fragments, some advanced filtering methods drawing on data-mining and machine-learning methods, and motivated metamodeling. On the basis of this preliminary work, we conclude that MSG has the potential to expand the scope of what are recognized as possible developments, provide an understanding of how those developments might come about, and help identify aspects of the world that should be studied more carefully, tested, or monitored. It should assist planners by enriching their mental library of the patterns used to guide reasoning and action at the time of crisis or decision and should help them identify anomalous situations requiring unusual actions. Finally, it should identify crucial issues worthy of testing or experimentation in games or other venues and, in some cases, suggest better ways to design mission rehearsals. If MSG can be built into training, education, research, and socialization exercises, it should leave participants with a wider and better sense of the possible, while developing skill at problem-solving in situations other than those of the "best estimate." Much development is needed, but prospects are encouraging.