The word ‘scenarios’ has many different meanings in a variety of fields and disciplines. In strategic planning, scenarios refer to a small set of carefully structured and tailored narratives about the future context a company or an industry might inhabit. These narratives are developed through interviews and workshops with a broad range of stakeholders related to the focal […]
Read More… from The Power of Scenarios to Open New Perspectives
In Aristotle’s great work the Nicomachean Ethics, happiness (eudaimonia) is not a feeling so much as a state — and a state with a distinctly moral dimension. Synonymous with ‘living well and acting well’, it arises from being part of and being active in a social life and a political community, and it originates in […]
Read More… from Aristotle, Ethics and the ‘Art’ of Leadership
Scenario planning (SP) and early warning scanning (EWS) are considered important to ‘managerial cognition’. They help leaders understand how the future might unfold and they alert top management to new developments and ‘issues’ – typically conceived as opportunities and threats. They help leaders understand how to reconfigure resources to match or create market change – […]
Read More… from Scenarios Planning + Early Warning Scanning = Strategic Advantage