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20min chapter
Peter Compo Finale - Strategy In Practice
The Innovation Show
Navigating Uncertainty: The Power of Scenario Planning
This chapter explores the educational philosophy behind mastering fundamental concepts, using scenario planning as a pivotal tool in strategic decision-making. It illustrates how organizations like Shell have effectively utilized scenarios to navigate crises and adapt to changing environments, emphasizing the need for flexibility over rigid strategies. The discussion also touches on the importance of fostering a culture of creativity and risk-taking to enhance organizational resilience.
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