Scenario Development for Managers
OVERVIEW
If there s something the last months has reminded us, it s that we live in a dynamic world, so we need to be dynamic thinkers. This program is designed to develop your dynamic strategic thinking capacity. Core to this endeavor is the use of scenarios. World-renowned scenario specialist Chantell llbury will guide you through the essential elements under pinning effective scenario-planning, and, importantly, how to integrate this thinking within a broader strategic framework for more agile and adaptable decision-making.
COURSE DESCRIPTION AND MAIN OBJECTIVE
The main objective of the program is to develop the use of scenarios to ensure your decision making is more agile, adaptable and anticipatory. To achieve this, it follows a proven, robust methodology that will allow you to refine the scope of a strategic question, identify the key players that may influence it, identify the certainties and uncertainties as you look to the future, and then connect the dots and synthesize your strategic intelligence into a set of bespoke scenarios. Next, the program looks at how to use these scenarios in your decision making, and ultimately, prepare your ongoing adaptability to a changing and uncertain environment to achieve your own meaning of winning.
LEARNING OUTCOMES
After completion of the program, delegates will be able to: create an awareness of the world around them, and how it is changing; anticipate change in their broader and immediate environments; effectively build and use scenarios to map multiple possible futures; identify key flags indicating change and shifts in scenarios, thereby building agility into strategic planning; and incorporate scenarios into strategic decision-making. Delegate will work on an action learning project connected to their own business or industry. This will provide the delegate with a practical document to incorporate into their business and operations.
CONTENT
This course will address 5 pillars.
Pillar 1: Awareness: Clearly defining your current environment, and the broader forces shaping it. Articulating the scope of your focus and identifying the key players that may have an influence on you.
Pillar 2: Intelligence: Distinguishing the certainties with a direct impact on you and your business, and those that are equally important, but unpredictable.
Pillar 3: Synthesis: Synthesizing the intelligence you have analyzed into a set of the most relevant scenarios you can use to anticipate change in the future and manage the surrounding uncertainty.
Pillar 4: Decision-making: Situating your place within each possible scenario (with the preferred and worst- case scenarios in mind) and relating these plausible futures to the key strategic decisions that need to be made in the current context, or in the near future.
Pillar 5: Reflection: Clearly articulating what success looks like for you in the future, incorporating the uncertainty of the different possible scenarios that may materialize.
FACULTY MEMBER
Chantell Ilbury is a founding partner of Mindofafox. For the past 20 years she has specialized in the use of scenarios to guide the strategic conversations of executive teams in organizations and governments worldwide. Her methodologies are taught in business schools around the world.
Chantell holds a BSc in Chemistry, a post-graduate Higher Diploma in Education, an Executive MBA from the University of Cape Town Graduate School of Business and has studied Strategic Negotiation through Harvard Business School in Boston. She has co-authored three best-selling books on scenarios and strategy with Clem Sunter: The Mind of a Fox, Games Foxes Play, and Socrates and the Fox. Her latest book - A Fox s Tale: Insights from one of Africa s most creative strategic thinkers, was published by Penguin in July 2016.
TARGET GROUP
This program is designed for mid- to senior-level executives, senior managers and those who are responsible for functional, business or corporate strategies.
ADMISSION REQUIREMENTS
It is assumed participants are able to understand learning material in English and write assignments and follow/ participate in discussions on scenario development in English.
TEACHING METHODS
- Synchronous teaching on MS Teams.
- Class discussion, case studies, articles, and relevant videos.
CERTIFICATE
Obtain a Certificate of Successful Completion by demonstrating knowledge, understanding and skills of the learning outcomes in practical assessments at the end of the course.
Contact Us
Mr. Johan Burger
Head of Executive Development College of Business and Economics P.O. Box: 62931, Abu DhabiDo you find this content helpful?
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