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HBR IdeaCast

Future-Proofing Your Strategy with Scenario Planning

Jul 28, 2020
25:57

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Scenario planning can help organizations thrive in different circumstances and crises.
  • Imagination and inclusivity in scenario planning enhance strategic foresight for future readiness.

Deep dives

The Importance of Strategic Foresight in Uncertain Times

In an increasingly volatile and unpredictable world, leaders and organizations need to embrace strategic foresight to navigate deep uncertainties effectively. Scenario planning, when used iteratively and inclusively, enhances the ability to anticipate and adapt to the future, reducing surprises and increasing preparedness. Imagination is highlighted as a crucial strategic resource, with a call to institutionalize this capacity within organizations for better future readiness.

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