Scenario Planning – Developing Strategy Map Inputs

No predictions but rather a structured way to consider the future

Facilitated by Magmasoft Pte Ltd

No schedules on the calendar

Who is it for

Learning level

Learner profile

Location

  1. 145 Lorong Ah Soo #06-145, Hougang, SG, Singapore View Map

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Premise

Scenario planning (sometimes called “contingency planning”) is a structured method for organizations to consider the future. Developing scenarios is not just a theoretical exercise. It is a fundamental, practical and important part of your strategy map. For long term success, are your managers developing scenarios? Join our learning circle to build the key inputs to your strategy map.

Description

Scenario planning, also called scenario thinking or scenario analysis, is a strategic planning method that some organizations use to make flexible long-term plans. It is an adaptation of methods used by military intelligence.

A group of stakeholders along with facilitators develop a small number of scenarios—stories about how the future might unfold and how this might affect an issue that confronts them. Scenario planning draws on a wide range of disciplines and interests, including economics, psychology, politics and demographics.

In an article in Harvard Business Review in 1985, Wack wrote “Scenarios deal with two worlds; the world of facts and the world of perceptions. They explore for facts but they aim at perceptions inside the heads of decision-makers. Their purpose is to gather and transform information of strategic significance into fresh perceptions.”

In Peter Schwartz's book “The Art of the Long View”, scenarios are described as “Stories that can help us recognise and adapt to changing aspects of our present environment. They form a method for articulating the different pathways that might exist for you tomorrow, and finding your appropriate movements down each of those possible paths.
Scenario planning has been used by some of the world's largest corporations, including Royal Dutch Shell, Motorola, Disney and Accenture.”

Pedagogy
Learning circles owe its origin to Study Circles from Sweden. Some of the core principles include equality of participants, facilitated learning not training, a collaborative, not competitive environment and balancing knowledge acquisition with social communication. Learning circles are an effective framework to learn with and from each other in a digitally-blended environment.

Pre-requisites

> Bring your laptop device for a unique participatory experience

Format

Methodology

Learning stakeholder

Tags

Topics and agenda

  • 1. A Warm Welcome

    Digital On boarding | 15 Minutes

    Get all participants on board and do a bit of practice

    To achieve a sense of comfort in our digitally-blended learning environment


  • 2. Setting the context

    Contextualizing |


  • 3. Solution-ing

    Overview | 30 Minutes


  • 4. Focal Questions

    Getting started |


  • 5. Environment

    Scanning & Brainstorming |


  • 6. Drivers

    Selecting & Ranking |


  • 7. Building the Mix

    Selecting & Plotting | 30 Minutes


  • 8. The Scenarios

    Developing & Narrating |


  • 9. Wildcards

    Brainstorming | 30 Minutes


  • 10. Output

    Implementation |


  • 11. References

    Research | 30 Minutes


  • 12. Review & Reflection

    Closing | 30 Minutes


Professionals

Prashant Jain
CEO, Entrepreneur, Chief Architect Learning Circles

PJ is the Chief Architect of Learning Circles and creator of Wiztango.com a Digital Facilitation Technology Platform for Content Originators. He is an American with a global background as an entrepreneur in technology and education management.

In 2002, he founded and for fourteen years successfully managed an in-residence corporate university for Japanese employees of Hitachi Corp, Toshiba, Fujitsu, Yokogawa, Panasonic and 30 global Japanese corporations. The Singapore-based company achieved $8.9M revenue at its peak and had 1,000 Japanese graduates from 25 global-skill development programs.

In the past 25 years, PJ has had pioneering leadership roles in the digital transformation of multiple industries including Pre-Press (Israeli-based Scitex Corp), Photography (Boston-based Leaf Technologies), Printing (Dutch-based Indigo Corp) and Advertising (Boston-based Engage Technologies)


Organization Icon Image

Magmasoft Pte Ltd

We are supported by the Lifelong Learning Council and Skills Singapore to pilot 'Singapore Learning Circles' a national initiative on community based learning featuring 'by the community with the community.'

We collaborate with practitioners from all backgrounds to play an active role in shaping the culture of lifelong learning in Singapore!

As part of the initiative, we assist practitioners to create their very own blended (digital traditional) learning agenda and circle. Click on the link below to join an upcoming digital schedule to learn more.