Mapping the future - Scenario Mapping Compensates
8 important questions on Mapping the future - Scenario Mapping Compensates
What does Scenario Planning seek to compensate in decision making? List the 2 things (Schoemaker, 1995)
- Underprediction of the future (change)
- Overprediciton of the future (change)
What is the problem with the vision that people have in terms of the rate of change?
Which economist and psychologist looked into our vision of the rate of change and what did he come up with in terms of this?
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What question is important to consider when it comes to our vision of the rate of change and predicting impactful change?
What happens when people rely too much on technology? And why?
What does scenario planning allow us to do in terms of the compensation for the 2 common errors that we make in decision making? List the 2 things (Schoemaker, 1995)
What is the impact of scenarios? List the 4 things that scenarios can be used for (Schoemaker, 1995; Postma & Liebl, 2005)
- To identify early warning signals/awareness of the environment
- To assess robustness of core competencies/accelerate learning
- To generate better strategic options
- To evaluate the risk/return of each option
In terms of the assessing of core competencies, what competencies/capabilities are then referred to?
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- Never study anything twice again
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