Developing Strategy
Scenario Planning Amid Radical Uncertainty
In today’s political climate, change can happen faster than leaders expect. Use scenario planning to manage uncertainty.
In today’s political climate, change can happen faster than leaders expect. Use scenario planning to manage uncertainty.
Amid political uncertainty, leaders must learn when to delay actions — and how to avoid drifting.
Apply these strategies to steer your company through a volatile and disruptive business environment.
Leaders can learn to prepare for unprecedented disruptions by participating in dynamic simulations of crisis scenarios.
In a time of political disruption, leaders must learn to recognize, manage, and respond to the resulting business risks.
Cyber resilience demands the creation of a thorough, well-rehearsed crisis communications plan.
Executives must confront a strategic planning blind spot: their assumptions about the future business context.
Business leaders who write competitors’ actions off as irrational risk getting blind-sided.
Solving big, systemic problems will require organizations to come together to develop strategies as a group.
Companies can use data and collaborative scenario plans to enhance supply chain responsiveness.
A new approach to scenario planning can help companies reframe their long-term strategies.
Recently, MIT SMR readers have been looking for information on scenario planning — a trend that may reflect current social, political, and economic uncertainty. This trend led to our Summer 2017 special report on creating your company’s future.
How can companies combat the overconfidence and tunnel vision common to so much decision making?