Future-Proofing Your Strategy with Scenario Planning
HBR IdeaCast
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Harnessing Imagination: Scenario Planning for Strategic Foresight
This chapter explores the evolution and significance of scenario planning as a strategic tool for organizations, focusing on the necessity of integrating imagination into decision-making. Through a case study of the U.S. Coast Guard, it illustrates how effective planning enhances readiness for future uncertainties and promotes long-term adaptability. The discussion emphasizes the importance of flexibility and proactive strategies in fostering an environment where unconventional thinking can lead to innovative solutions.
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