June 2008
Beginner to intermediate
240 pages
4h 26m
English
book
Analysis Without Paralysis: 10 Tools to Make Better Strategic Decisions
by Babette E. Bensoussan, Craig S. Fleisher
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Chapter 9. Scenario Analysis
Description and Purpose
A scenario is a detailed description of what the future may look like. It is based on a set of assumptions that are critical to an economy’s, industry’s, or technology’s evolution. Scenario analysis is a structured way of developing multiple scenarios that address two common decision-making errors—underprediction and overprediction of change. The objective of scenario analysis is to build a shared baseline for strategic thinking and provide strategic early warning.
Companies facing challenges will especially benefit from scenario planning and analysis when the following conditions are present:
Uncertainty is high relative to managers’ ability to predict or adjust to the future.
Many costly surprises ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.