Comments on: Scenario Planning As A Spur To Entreprenurial Thinking http://frogblog.biz/2009/10/15/scenario-planning-as-a-spur-to-entreprenurial-thinking/ Jump In, The Water's Fine Tue, 22 Nov 2011 04:28:19 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Fred H. Schlegel http://frogblog.biz/2009/10/15/scenario-planning-as-a-spur-to-entreprenurial-thinking/comment-page-1/#comment-2322 Fred H. Schlegel Mon, 19 Oct 2009 18:51:05 +0000 http://frogblog.biz/?p=1863#comment-2322 Hi Andrew, One thing that struck home from the article was the power of seeing how there can be common reaction elements that develop from looking at various scenarios. By having folks work through the exercises it both greases the procedures so they operate smoothly and also strengthens those common elements. Lots of potential improvements. Hi Andrew, One thing that struck home from the article was the power of seeing how there can be common reaction elements that develop from looking at various scenarios. By having folks work through the exercises it both greases the procedures so they operate smoothly and also strengthens those common elements. Lots of potential improvements.

]]> By: Andrew http://frogblog.biz/2009/10/15/scenario-planning-as-a-spur-to-entreprenurial-thinking/comment-page-1/#comment-2320 Andrew Mon, 19 Oct 2009 11:04:55 +0000 http://frogblog.biz/?p=1863#comment-2320 Fred, If individuals in any organization are not challenged or stimulated to think outside of the square, then their potential for creative thought and continuous improvement will be limited. But excercises which force individuals and groups to really think about issues which may be confronted by their company in greater depth really challanges those people to come up with proactive solutions and ideas for the continuous improvment in the way processes and procedures are performed. scenario planning is one such exercise. .-= Andrew´s last blog ..<a href="http://www.goodhonestdollar.com/google-books-let-a-wonderful-innovation-go-full-steam-ahead">Google books - let a wonderful innovation go full steam ahead</a> =-. Fred,

If individuals in any organization are not challenged or stimulated to think outside of the square, then their potential for creative thought and continuous improvement will be limited.

But excercises which force individuals and groups to really think about issues which may be confronted by their company in greater depth really challanges those people to come up with proactive solutions and ideas for the continuous improvment in the way processes and procedures are performed. scenario planning is one such exercise.
.-= Andrew´s last blog ..Google books – let a wonderful innovation go full steam ahead =-.

]]> By: Fred H. Schlegel http://frogblog.biz/2009/10/15/scenario-planning-as-a-spur-to-entreprenurial-thinking/comment-page-1/#comment-2317 Fred H. Schlegel Mon, 19 Oct 2009 01:46:47 +0000 http://frogblog.biz/?p=1863#comment-2317 Hi Kay, Good point about the danger of scenarios becoming caricatures. Usually that is an indication that you haven't gone deep enough into the thought process so richness is a key as you mention. As far as the economy goes, your more qualified to answer that than I. One client and I have been reviewing how to deal with shifts in customer mix that will occur as various stimulus programs hit various industries and then recede. There is a real concern that following the wave in investment things could seriously stall next year as research was pushed forward to take advantage of the money leaving funnels empty for a while (a bit like what happened to auto sales this summer). Hi Kay, Good point about the danger of scenarios becoming caricatures. Usually that is an indication that you haven’t gone deep enough into the thought process so richness is a key as you mention. As far as the economy goes, your more qualified to answer that than I. One client and I have been reviewing how to deal with shifts in customer mix that will occur as various stimulus programs hit various industries and then recede. There is a real concern that following the wave in investment things could seriously stall next year as research was pushed forward to take advantage of the money leaving funnels empty for a while (a bit like what happened to auto sales this summer).

]]> By: Fred H. Schlegel http://frogblog.biz/2009/10/15/scenario-planning-as-a-spur-to-entreprenurial-thinking/comment-page-1/#comment-2316 Fred H. Schlegel Mon, 19 Oct 2009 01:37:18 +0000 http://frogblog.biz/?p=1863#comment-2316 Hi Brad, A company certainly has to be open to the exercise for it to have any impact. Social media (and most industries facing digitization of content) is a great example of having to position a company for a variety of outcomes, placing bets and putting in place structures that are adaptable to a variety of future scenarios. One advantage you have coming in as an outside consultant is the focused thinking on those alternative futures that can provide good strategic foundations for a company to act on. What will Google Do? Nobody can be sure, including Google. So you have to prepare for a variety of options. Hi Brad, A company certainly has to be open to the exercise for it to have any impact. Social media (and most industries facing digitization of content) is a great example of having to position a company for a variety of outcomes, placing bets and putting in place structures that are adaptable to a variety of future scenarios. One advantage you have coming in as an outside consultant is the focused thinking on those alternative futures that can provide good strategic foundations for a company to act on. What will Google Do? Nobody can be sure, including Google. So you have to prepare for a variety of options.

]]> By: kay plantes http://frogblog.biz/2009/10/15/scenario-planning-as-a-spur-to-entreprenurial-thinking/comment-page-1/#comment-2306 kay plantes Fri, 16 Oct 2009 15:12:21 +0000 http://frogblog.biz/?p=1863#comment-2306 Fred, I really like your slice into scenario based planning. I've used it a lot to help companies make critical strategic decisions when the future environment is highly uncertain. Your suggesting it is a creativity tool is a really fun way to look at the tool from a different angle. Certainly the 2008 recession has dramatically upped both the uncertainty in most markets as well as the need for innovation. The tricky think about scenario based planning is to keep the scenarios from being caricatures (a la the way the far left and the far right describe the 'other' side). You want each scenario to be richly described, quite possible, with elements of realism and imagination in each. What are your scenarios for the future of our economy Fred? .-= kay plantes´s last blog ..<a href="http://www.plantescompany.com/blog/business-model-strategy-framework/how-does-gourmet-magazine-reach-its-demise-as-julia-child%E2%80%99s-cookbook-reaches-1-on-the-nyt-best-seller-list/">How Does Gourmet Magazine Reach Its Demise as Julia Child’s Cookbook Reaches #1 on the NYT Best Seller List?</a> =-. Fred, I really like your slice into scenario based planning. I’ve used it a lot to help companies make critical strategic decisions when the future environment is highly uncertain. Your suggesting it is a creativity tool is a really fun way to look at the tool from a different angle. Certainly the 2008 recession has dramatically upped both the uncertainty in most markets as well as the need for innovation. The tricky think about scenario based planning is to keep the scenarios from being caricatures (a la the way the far left and the far right describe the ‘other’ side). You want each scenario to be richly described, quite possible, with elements of realism and imagination in each. What are your scenarios for the future of our economy Fred?
.-= kay plantes´s last blog ..How Does Gourmet Magazine Reach Its Demise as Julia Child’s Cookbook Reaches #1 on the NYT Best Seller List? =-.

]]> By: Brad Shorr http://frogblog.biz/2009/10/15/scenario-planning-as-a-spur-to-entreprenurial-thinking/comment-page-1/#comment-2305 Brad Shorr Fri, 16 Oct 2009 12:57:19 +0000 http://frogblog.biz/?p=1863#comment-2305 Fred, Great post as usual. One of the things I deeply miss from the corporate world is the opportunity to engage in scenario planning. I've found that as a freelancer, it's very hard to brainstorm with one brain, and it's tricky bringing in outside wisdom, because there isn't that same shared experience that comes from battling the elements on the same team. Nevertheless, scenario planning is crucial to anyone making a living in the worlds of SEO and social media. What will Google look like in three years? What will Twitter look like in one year? How will mobile computing affect blogs? The questions are endless and the outcomes are often highly speculative. Given the uncertainty and instability of the global marketplace, I can't imagine other businesses are any easier to predict. .-= Brad Shorr´s last blog ..<a href="http://feedproxy.google.com/~r/WordSellInc/~3/axHeGK5QgPE/">SEO Retrofits for Your Blog</a> =-. Fred, Great post as usual. One of the things I deeply miss from the corporate world is the opportunity to engage in scenario planning. I’ve found that as a freelancer, it’s very hard to brainstorm with one brain, and it’s tricky bringing in outside wisdom, because there isn’t that same shared experience that comes from battling the elements on the same team. Nevertheless, scenario planning is crucial to anyone making a living in the worlds of SEO and social media. What will Google look like in three years? What will Twitter look like in one year? How will mobile computing affect blogs? The questions are endless and the outcomes are often highly speculative. Given the uncertainty and instability of the global marketplace, I can’t imagine other businesses are any easier to predict.
.-= Brad Shorr´s last blog ..SEO Retrofits for Your Blog =-.

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