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Scenario-Based Strategic Planning: Developing Strategies in an Uncertain World
Hardcover
Series: Roland Berger School of Strategy and Economics, Book 0
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ISBN13: 9783658028749
Publisher: Springer Gabler
Published: Jul 29 2013
Pages: 219
Weight: 1.32
Height: 1.00 Width: 6.90 Depth: 9.60
Language: English
In a world characterized by increasing complexity and volatility, managers must be able to flexibly adapt their strategies to changing environmental conditions. Traditional strategic management frameworks often fail in this context. Therefore, we present scenario-based strategic planning as a framework for strategic management in an uncertain world.
Previous approaches to scenario planning were complex and focused on the long term, but the approach developed by Roland Berger and the Center for Strategy and Scenario Planning at HHL Leipzig Graduate School of Management is different. By designing appropriate tools and integrating scenario planning into strategic planning, we have made our approach less complex and easier for firms to apply. We illustrate the approach with examples from different industries.
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