Overview

Class Central Tips

Scenario Planning is a strategic foresight methodology that involves creating multiple plausible future scenarios to anticipate and prepare for various potential outcomes. This approach helps organizations navigate uncertainty by exploring alternative visions of the future and developing strategies to adapt to different circumstances. Participants learn to identify key drivers, assess uncertainties, and formulate flexible plans to enhance organizational resilience and decision-making in dynamic environments.

Syllabus

Scenario Planning extras

Welcome to Scenario Planning II Course! We keep our journey in scenario planning by discussing and applying the creating, planning, and actioning macro-processes.
Additional models, tools, and techniques will make part of this course to improve our knowledge and skills to apply the method. An overall discussion on the research regarding the practice of scenario planning also makes part of this course.
We go deeper into linking scenario planning to strategic management, which must be effective if we want to benefit the most from a strategic foresight method application.
We explore the planning macro-process by extending the discussion from a broader perspective - strategic foresight and management standpoints.
Finally, we stand for the transition from creating, planning, and actioning macro-processes because those border crossings are challenging. Moreover, they represent critical steps in scenario planning that we should carefully manage to avoid missing the value of strategic foresight.

Please buckle up; we hope you enjoy the course as much as you learn.

Scenario Planning methods variation

Continuing to improve our scenario planning strategic foresight application, we'll delve into more helpful models and tools.
Also, we'll have an overview of the research regarding scenario planning, mainly focusing on practical aspects, as this is what we seek to discuss in this course.

Linking Scenario planning and strategic management

This week we focus more on integrating strategic foresight into the management function.
As we all know, outstanding scenario planning outcomes cannot deliver potential value if we don't use them in the strategic decision-making process.
This week, we'll discuss this integration from a strategy-wise standpoint. We'll discuss many strategy analysis models, frameworks, and tools to understand better how to connect foresight and vision. e.g., scenarios for strategic discussions in an organization.
The approach to support this discussion is the uncertainty management process, which is at the core of strategic conversations.

The "planning" of scenario planning

This module empowers the transition from creating the scenarios to integrating them into the planning macro-process. We have reviewed the early challenges of integrating the scenarios into the strategic management function.
Now we go deeper into the rabbit hole to explore how to build sensible connections between the scenarios and the strategy analysis.

Actioning and closing the loop

Excellent news, my fellow scenario planning practitioner!
You have one week to go with lectures and practice quizzes!
There are no reading materials this week. Yay!
And no graded quiz waits for you by the end of the week!
Maybe the best news is that the next two weeks are hands-on scenario planning applications.
We focus on transitioning from planning to actioning macro-process, aiming at closing the loop to support strategic foresight as a continuous function.