Innovation 360 Group

NOVEMBER 25, 2020

The post PESTLED360 and Scenario Planning, March 8th appeared first on Innovation360. Driving insights on a new level.

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Innovation Leader

JULY 6, 2020

The business and societal impacts of the coronavirus pandemic will be “more like World War I or the Great Depression,” says Matthew Ranen, a scenario-planning consultant.

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ITONICS

JULY 16, 2021

How can organizations develop resilient strategies that best prepare them to create a future competitive advantage? By first identifying relevant trends, respective drivers of change, and variable uncertainties and then using them to construct a selection of alternate future worlds.

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Trends Competition Strategy Strategy 69

Harvard Business Review

APRIL 15, 2024

Start by proactively envisioning worst-case scenarios through brainstorming sessions, scenario planning, and risk assessments. From the takeoff and landing of a space shuttle to managing uncontrollable bleeding in the operating room, there are vital lessons to be learned from these industries and adapted into others.

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Brainstorming Training Industry Marketing 107

Michael Roberto

JUNE 25, 2020

In today's environment, companies need to rethink their approach to strategic planning. Many firms continue to rely on very traditional planning exercises. Many plans are characterized by high amounts of false precision in forecasting and budgeting. For more on the usefulness of this technique, see this short video.

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Paul Hobcraft

MARCH 20, 2024

Scenario Selection: Identifying and selecting the right scenarios is crucial, especially where ecosystem engagement and the use of generative AI can be central. Learning Plan: Continuous learning is essential in evaluating ecosystem AI-driven innovation. This needs to be purposefully built, compared and validated.

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Engagement Generative AI Innovation Data 162

Paul Hobcraft

JANUARY 22, 2024

Risk Management and Scenario Planning: Why it Matters: Uncertainty often brings risks. Proactive risk management and scenario planning prepare organizations for potential challenges. Develop and test various scenarios to be better prepared for uncertainties. Actionable Steps: Conduct regular risk assessments.

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HYPE Innovation

NOVEMBER 8, 2021

While the fifth post offered a step-by-step process for scenario planning to prep your organization for the future, this post elaborates how foresight can inform business model, people & organization development. This is the sixth blog post in HYPE’s series on the ten most often-asked questions about strategic foresight.

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Paul Hobcraft

NOVEMBER 21, 2023

Scenario Selection: Identifying and selecting the right scenarios is crucial where ecosystem engagement and the use of generative AI can be significantly central. Learning Plan: Continuous learning is essential in evaluating ecosystem AI-driven innovation. This needs to be purposefully built, compared and validated.

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Generative AI Design Innovation Data 162

Paul Hobcraft

JUNE 3, 2021

Different scenario thinking needs a constant mindset and evaluation. ” The argument is to envision today going forward and the future working back for framing the different scenarios. The annual business plan has become increasingly adaptive to meet today’s operating conditions. The Three Horizon Framework for Managing.

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Innovation 360 Group

SEPTEMBER 1, 2020

If you mainly work in the Northern Hemisphere (and soon in the southern), you are now likely planning to get back to business. It will not be the same, and the temporary tricks employed during.

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Harvard Business Review

OCTOBER 30, 2023

And fourth, scenario plan so that you have clear options for moving forward. Second, openly acknowledge that a setback has occurred to prevent backsliding. Third, adopt a growth mindset to help others strive for improvement instead of getting stuck on autopilot.

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Adam Hartung

OCTOBER 7, 2016

The lesson here is that scenario planning is incredibly valuable. The many agencies, federal, state, county and municipal, built their scenarios, and prepared action plans. While there was a lot of talk, nobody in government or business had a plan for what to do if the vote to leave actually passed.

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Idea to Value

JUNE 22, 2021

The boxer Mike Tyson once famously said: Everybody has a plan before they get punched in the mouth! While the original quote from 1987 was actually “Everybody has plans until they get hit for the first time.”, Companies often create elaborate plans for what their projects are supposed to achieve once they are released.

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Paul Hobcraft

JANUARY 2, 2021

Backcasting is a planning method that starts with defining a desirable future and then works backwards to identify policies and programs that will connect that specified future to the present. However, getting large groups of people to agree on the desired future scenario is often all but impossible.

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Leapfrogging

APRIL 4, 2024

Goals and Objectives of Strategic Planning Offsites The primary aim of strategic planning offsites is to develop a cohesive and actionable plan that will steer your organization towards success. An effective offsite should culminate in a strategic plan that outlines specific goals, timelines, and metrics for success.

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Innovation 360 Group

DECEMBER 28, 2022

The first time I worked with scenario planning was in the post-cold war in the early 90s, when in the western world we collectively still remembered international tensions, the threat of war, and economic recession. Then the super “dot-com” boost came, and from 1997 to 2022, no one was thinking […].

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Jeffrey Phillips

MAY 15, 2019

I'm just wrapping up another project that's focused on trend spotting and scenario planning, working to help a client company understand the emerging competitive conditions their business will face in the next 5-7 years. They are often shocked when we demonstrate how rapidly customers, technologies, needs and conditions are changing.

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Planview

JANUARY 11, 2024

You have big plans for the new year. But how do you turn those plans into business outcomes while navigating the unexpected? Output-driven scenario: If a project delivers on time, includes every feature in the scope, and only uses the planned resources, this is viewed as a successful project.

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BrainZooming

MARCH 23, 2017

In nearly every instance, we spend time with a prospective client discussing three aspects of their strategic planning process needs : What they think they want to achieve. Conducting a Strategic Planning Process with a Certain Framework. The best way to make it happen: We recommended a two-pass strategic planning process.

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InnovationLabs

MARCH 27, 2020

A Thought Experiment on the Short and Long Term Impacts of the Present Crisis Prelude On March 22, 2020, the International Olympic Committee announced that it was going to take a month to study the scenarios regarding the Tokyo 2020 Summer Olympic and Paralympic Games to determine if the Games would go on as […].

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Planview

JULY 26, 2022

We’ve learned to write our plans in pencil, and to keep our erasers nearby. We have all been taking a crash course in dynamic planning – being ready for, hypothetically, anything: Finding ways to minimize losses and maximize opportunities while moving forward into the unknown. Failing to plan is planning to fail.” – Benjamin Franklin.

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Leapfrogging

APRIL 4, 2024

Through a blend of strategic planning sessions, team-building activities, and reflective exercises, a well-designed offsite can unlock new perspectives, ignite creativity, and lay the groundwork for transformative growth. The two key components of structuring your offsite are the agenda design and the planning of breakout sessions.

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Jeffrey Phillips

MAY 19, 2020

I've been working for the past two months on developing some scenarios that examine what may happen as the first bout of COVID peaks and begins to dissipate, hopefully in the summer of 2020. You can find my document, scenario and predictions on my Linkedin account. Only now people are moving much more regularly.

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Innovation 360 Group

JULY 1, 2020

September 7, 2020.

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Jeffrey Phillips

JUNE 21, 2021

I am a huge fan of trend spotting and scenario planning. Most companies simply do not understand the insight and the power that developing and interpreting trends and scenarios can provide. Yet far too many companies don't do enough trend spotting and scenario development. Trends are everywhere.

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Trends Technology Report Data 167

IdeaScale

AUGUST 23, 2021

Agile methodology is one of the most popular methods of software development and is a great way to organize and plan projects with your team. By using templates to structure collaboration, teams are able to understand each other much better and are also able to visually plan out their projects with agile development in mind. .

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Paul Hobcraft

JUNE 3, 2021

Different scenario thinking needs a constant mindset and evaluation. ” The argument is to envision today going forward and the future working back for framing the different scenarios. The annual business plan has become increasingly adaptive to meet today’s operating conditions. The Three Horizon Framework for Managing.

Disruption 130

Disruption Meeting Resources Engagement 130

Paul Hobcraft

NOVEMBER 17, 2021

The IEA’s Net Zero Emissions by 2050 Scenario lays out the narrow but achievable pathway to net zero emissions by mid-century. The CETP Annual Report 2020 highlights the programme’s main activities, presenting significant outcomes and areas for further work and planned activities for 2021.

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Ecosystems4Innovating

NOVEMBER 23, 2023

Dynamic Scenario Generation: Create a scenario-generation process that can respond to real-time data and evolving business needs. This involves adjusting AI models to generate scenarios that address current challenges and opportunities. AI can help design experiments and analyze results.

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Paul Hobcraft

JUNE 3, 2021

Different scenario thinking needs a constant mindset and evaluation. ” The argument is to envision today going forward and the future working back for framing the different scenarios. The annual business plan has become increasingly adaptive to meet today’s operating conditions. The Three Horizon Framework for Managing.

Disruption 130

Disruption Meeting Resources Engagement 130

Paul Hobcraft

AUGUST 8, 2023

Future Foresight : Made up of finding opportunity spaces and potential scenarios. I plan to add another element of Sustainability , both social and corporate value, later as it should run through our innovation thinking throughout. Learn: Gather & Probe handling unstructured content, classifying relevance, searching, and filtering.

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Planview

JULY 7, 2023

Especially relevant for companies that are spearheading the development of innovative products for both mature and emerging markets, these methods include: Product portfolio optimization Monte Carlo simulation Scenario planning. Scenario planning can provide teams instant access to previously explored scenarios for an initiative.

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Strategos

MAY 18, 2020

Business requires a proactive and agile approach to business performance to address the immediate future beyond the pandemic and create a minimum viable plan. Develop medium-term scenarios. Create minimum viable plans. Develop Medium-Term Scenarios. Create a Minimum Viable Plan. Start Capturing Lessons Learned.

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Jeffrey Phillips

JUNE 1, 2023

When I do trend spotting and scenario planning with my clients, it's interesting to hear people talk about the future and what will occur and the ideas they create as if the possibilities are unlikely and far in the future, when many of the ideas and situations they create are actually happening in real time.

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Idea to Value

APRIL 16, 2020

00:11:00 Scenario planning of the severity and duration of the potential Coronavirus timelines, and the impact on the company. Topics covered in today’s episode: 00:01:00 How Board of Innovation started by trying to help companies understand new business models. 00:02:45 The Low Touch Economy and the long term impact of COVID-19.

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Jeffrey Phillips

JANUARY 31, 2019

Scanning for trends / understanding potential scenarios What Apple did well with iTunes and digital music is to understand the trends. Doing trend spotting and scenario planning is the innovation version of free money. Just because Napster was illegal didn't mean what it was trying to do wouldn't work.

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