Boards & Corporate Governance
Using Scenario Planning to Reshape Strategy
A new approach to scenario planning can help companies reframe their long-term strategies.
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.
Forecasting is recognizing how current patterns may impact the future — and it’s a learnable skill.
Big corporations need new strategies in a world of digital disruptors, where three new truths rule.
Projects can lose momentum if stakeholders grow skeptical. Here’s how to avert a ‘cycle of doubt.’
Understanding these five myths will give you a more realistic view of digital transformation.
Strategic planning is key to succeeding in a time of uncertainty and political change.
Many organizations are finding success with IoT projects with thoughtful planning.
Companies need contingency plans if they see a Brexit-like disruption on their horizon.
New research finds scenario-based decision making helps increase executives’ strategic flexibility.
This article explores the distinctive traits of companies that successfully transform themselves.
Managers need to learn from history about what they can and cannot predict, and develop plans that are sensitive to surprises.
Many companies have trouble making the transition from a failing business model to one that works. Often, one culprit is an inability to experiment.
MIT Sloan School professor Arnoldo C. Hax says that companies need a different approach to thinking about strategy.
Strategy can be thought of as a loop with four steps: making sense of a situation, making choices, making things happen and making revisions.