Scenario Planning and Strategic Foresight in dynamic markets

Overview: Scenario planning is essential for anticipating market shifts, regulatory changes, or technological disruptions. This workshop focuses on preparing organizations to adapt to multiple potential futures by developing flexible, forward-looking strategies.

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Key Areas:

• Identifying critical uncertainties and their impact on business strategy (Mapping Uncertainties to Business Strategy; Prioritizing Uncertainties; Strategic Sensitivity).

• Building adaptable strategies that account for different future scenarios (Best-case scenario; Worst-case scenario; Surprise scenario; Modular strategies; Real options thinking).

• Tools and frameworks for conducting scenario analysis (PESTLE Analysis; Scenario Matrix; SWOT; War-Gaming and Simulation Exercises; Monte Carlo Simulations).

• Real-life examples of businesses that successfully navigated unforeseen challenges.

• The Role of Leadership in Scenario Planning

• Aligning Scenario Planning with Organizational Strategy

• Monitoring and Revising Scenarios