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Introduction To The Scenario Approach
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Book Synopsis Introduction to the Scenario Approach by : Marco C. Campi
Download or read book Introduction to the Scenario Approach written by Marco C. Campi and published by SIAM. This book was released on 2018-11-15 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about making decisions driven by experience. In this context, a scenario is an observation that comes from the environment, and scenario optimization refers to optimizing decisions over a set of available scenarios. Scenario optimization can be applied across a variety of fields, including machine learning, quantitative finance, control, and identification. This concise, practical book provides readers with an easy access point to make the scenario approach understandable to nonexperts, and offers an overview of various decision frameworks in which the method can be used. It contains numerous examples and diverse applications from a broad range of domains, including systems theory, control, biomedical engineering, economics, and finance. Practitioners can find "easy-to-use recipes," while theoreticians will benefit from a rigorous treatment of the theoretical foundations of the method, making it an excellent starting point for scientists interested in doing research in this field. Introduction to the Scenario Approach will appeal to scientists working in optimization, practitioners working in myriad fields involving decision-making, and anyone interested in data-driven decision-making.
Book Synopsis Strategic Reframing by : Rafael Ramirez
Download or read book Strategic Reframing written by Rafael Ramirez and published by Oxford University Press. This book was released on 2016 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional strategy assumes stability and predictability. Today's world is better characterised by turbulence, uncertainty, novelty and ambiguity - conditions that contribute disruptive changes and trigger the search for new ways of coping. This book aims to become the premier guide on how to do scenario planning to support strategy and public policy. Co-authored by three experts in the field, the book presents The Oxford Scenario Planning Approach (OSPA). The approach is both intellectually rigorous and practical. Methodological choices and theoretical aspects in practice are detailed in reference to the relevant literatures and grounded in 6 case studies the authors have been involved with. The book makes several contributions to the field, centred on how learning with scenario planning is supported by re-framing and re-perception; how this iterative process can be embedded in corporate or government settings, and how it helps those that it supports to do well in today's world. The book is written in an accessible style and will be a useful introductory text as well as a useful guide for the more experienced scenario planning practitioner and scholar.
Book Synopsis Advanced Introduction to Scenario Planning by : Paul Schoemaker
Download or read book Advanced Introduction to Scenario Planning written by Paul Schoemaker and published by Elgar Advanced Introductions series. This book was released on 2022-06-28 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Providing a panoramic overview of the evolving world of scenario planning, this Advanced Introduction uses topical case studies to analyze the developing methodologies of scenario planning. Written by Paul J.H. Schoemaker, a leading authority on the topic, this book synthesizes rigorous theory and practical experiences including best practises, normative views, and future challenges or opportunities for scenario planning. Key Features: Explains why future uncertainties require more than traditional risk analysis when ambiguous unknowns or Black Swans are involved Illustrates scenario planning through an in-depth case analysis of the biosciences which, in the wake of global pandemics, are gaining in societal import Examines how historical thinking and historiography can enrich scenarios by revisiting future projections made for South Africa post-apartheid Shows why scenario planning fosters critical and creative thinking by overcoming myopic framing, overconfidence and other biases in organizations Examines methodological and statistical techniques in scenario planning, including model building and simulations, and their connections to strategy formulation Interdisciplinary in its approach, this Advanced Introduction will prove invaluable to students and scholars of public policy, business management, and organizational studies. Its tools and practical advice will also be a vital resource to practitioners and policy leaders involved in leading or implementing scenario planning in their organizations.
Book Synopsis Scenario Planning in Organizations by : Thomas J. Chermack
Download or read book Scenario Planning in Organizations written by Thomas J. Chermack and published by Berrett-Koehler Publishers. This book was released on 2011-02-14 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scenario planning helps organization leaders, executives and decision-makers envision and develop strategies for multiple possible futures instead of just one. It enables organizations to become resilient and agile, carefully calibrating their responses and adapting quickly to new circumstances in a fast-changing environment. This book is the most comprehensive treatment to date of the scenario planning process. Unlike existing books it offers a thorough discussion of the evolution and theoretical foundations of scenario planning, examining its connections to learning theory, decision-making theory, mental model theory and more. Chermack emphasizes that scenario planning is far more than a simple set of steps to follow, as so many other practice-focused books do—he addresses the subtleties and complexities of planning. And, unique among scenario planning books, he deals not just with developing different scenarios but also with applying scenarios once they have been constructed, and assessing the impact of the scenario project. Using a case study based on a real scenario project Chermack lays out a comprehensive five phase scenario planning system—project preparation, scenario exploration, scenario development, scenario implementation and project assessment. Each chapter describes specific techniques for gathering and analyzing relevant data with a particular emphasis on the use of workshops to encourage dialogue. He offers a scenario project worksheet to help readers structure and manage scenario projects as well as avoid common pitfalls, and a discussion, based in recent neurological findings, of how scenario planning helps people to overcome barriers to creative thinking. “This book is about action and performance. Compelling and thoroughly researched, it offers every business executive a playbook for including uncertainty in the organizational change process and driving competitive advantage”. -- Tim Reynolds, Vice President, Talent and Organization Effectiveness, Whirlpool Corporation
Download or read book Scenario Planning written by Woody Wade and published by John Wiley & Sons. This book was released on 2012-03-27 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is your business ready for the future? Scenario planning is a fascinating, yet still underutilized, business tool that can be of immense value to a company's strategic planning process. It allows companies to visualize the impact that a portfolio of possible futures could have on their competitiveness. It helps decision-makers see opportunities and threats that could emerge beyond their normal planning horizon. Scenario Planning serves as a guide to taking a long-term look at your business, your industry, and the world, posing thoughtful questions about the possible consequences of some current (and possible future) trends. This book will help you: Outline (and help you prepare for) any trends that could play out in the future that could change the political, social, and economic landscapes and significantly impact your business Explore the impact of technological advances and the emergence of new competitors to your business Examine challenges that are only dimly recognizable as potential problems today This visual book will help you answer this question: Is my organization ready for every possibility?
Book Synopsis Advanced Introduction to Scenario Planning by : Schoemaker, Paul J.H.
Download or read book Advanced Introduction to Scenario Planning written by Schoemaker, Paul J.H. and published by Edward Elgar Publishing. This book was released on 2022-06-10 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a panoramic overview of the evolving world of scenario planning, this Advanced Introduction uses topical case studies to analyze the developing methodologies of scenario planning. Written by Paul J.H. Schoemaker, a leading authority on the topic, this book synthesizes rigorous theory and practical experiences including best practises, normative views, and future challenges or opportunities for scenario planning.
Book Synopsis Scenario-based Strategic Planning by : Burkhard Schwenker
Download or read book Scenario-based Strategic Planning written by Burkhard Schwenker and published by Springer Science & Business Media. This book was released on 2013-12-05 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a world characterized by increasing complexity and volatility, managers must be able to flexibly adapt their strategies to changing environmental conditions. Traditional strategic management frameworks often fail in this context. Therefore, we present "scenario-based strategic planning" as a framework for strategic management in an uncertain world. Previous approaches to scenario planning were complex and focused on the long term, but the approach developed by Roland Berger and the Center for Strategy and Scenario Planning at HHL Leipzig Graduate School of Management is different. By designing appropriate tools and integrating scenario planning into strategic planning, we have made our approach less complex and easier for firms to apply. We illustrate the approach with examples from different industries.
Book Synopsis Scenario Planning - Revised and Updated by : Mats Lindgren
Download or read book Scenario Planning - Revised and Updated written by Mats Lindgren and published by Springer. This book was released on 2009-03-31 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent research in the field of business strategy has shown that strategic flexibility can be achieved through a scenario planning perspective for long-term competition and performance. The authors have drawn upon examples and case studies to develop a new model for scenario planning that is closely integrated with strategy and innovation.
Book Synopsis Using Scenarios by : Thomas J. Chermack
Download or read book Using Scenarios written by Thomas J. Chermack and published by Berrett-Koehler Publishers. This book was released on 2022-02-01 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to offer detailed guidance on how scenarios can be used to help organizations make their toughest decisions in a world of ever-escalating crisis and opportunity. To reap the full benefits of scenarios, you have to be able to apply them in the real world. This groundbreaking book goes beyond the theoretical to clearly explain different ways scenarios can be used in business decision-making—from strategic planning and financial modeling to crisis response. Connecting scenarios to strategy and action can have many benefits, including the ability to react quickly, anticipate major changes in the environment, and identify major opportunities. Thomas Chermack, a top expert on scenario planning, offers seven specific ways organizations can use scenarios and provides a wide variety of examples, along with proven processes, exercises, and workshops that have been used successfully in organizations across industries and countries for more than fifteen years.
Book Synopsis Scenario Planning by : Gill Ringland
Download or read book Scenario Planning written by Gill Ringland and published by Choir Press. This book was released on 2014-03 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to help business managers implement scenario techniques to manage the uncertainties of the future.
Book Synopsis Data Science and Applications for Modern Power Systems by : Le Xie
Download or read book Data Science and Applications for Modern Power Systems written by Le Xie and published by Springer Nature. This book was released on 2023-06-20 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive collection of research articles that utilize data—in particular large data sets—in modern power systems operation and planning. As the power industry moves towards actively utilizing distributed resources with advanced technologies and incentives, it is becoming increasingly important to benefit from the available heterogeneous data sets for improved decision-making. The authors present a first-of-its-kind comprehensive review of big data opportunities and challenges in the smart grid industry. This book provides succinct and useful theory, practical algorithms, and case studies to improve power grid operations and planning utilizing big data, making it a useful graduate-level reference for students, faculty, and practitioners on the future grid.
Download or read book Scenario Thinking written by G. Wright and published by Springer. This book was released on 2011-05-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents new methods in scenario thinking, based on a mix of high-level research and top-level consultancy experience. The authors describe the logical bases of a range of scenario methods and provide detailed 'road maps' on how to implement them - together with practical examples of their application.
Book Synopsis Scenario Thinking by : George Cairns
Download or read book Scenario Thinking written by George Cairns and published by Springer. This book was released on 2017-10-13 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Develops scenario planning methods in ways that link scenario analysis to improved decision making, engage time-poor senior decision makers, attenuate decision makers’ tendency to deflect responsibility for bleak, negative scenario outcomes, and enhance causal analysis within scenario-storyline development. What if? Two of the most powerful – and frightening – words in business. Almost as bad as “I didn’t see that coming.” Some things that transform the marketplace overnight come from nowhere. Some things that create potentially critical under-performance are genuinely unforeseeable. Sometimes it is impossible to predict how a change in an organizational strategy will play out. Some things and sometimes – but not many and not often. Decision makers in organizations face more-and-more complex and ambiguous problems that need to be addressed under time pressure - and the need for practical decision support has become essential. The range of methods in this book will enable you to be prepared, proactive and resilient no matter what the future brings. Based on up-to-date academic research and years of application and iteration in the real world, this book, illustrated with examples of the value delivered in Europe, Australia and the Middle East, will transfer practical skills in scenario thinking using step-by-step instructions. This thoroughly revised and expanded second edition introduces these new approaches in detail, with clear guidelines and examples to enable the reader to select and implement the most appropriate scenario method to suit the issue at hand – considering the timeframe for its investigation, the resources available and the outcomes expected.
Book Synopsis Scenario Analysis in Risk Management by : Bertrand K. Hassani
Download or read book Scenario Analysis in Risk Management written by Bertrand K. Hassani and published by Springer. This book was released on 2016-10-26 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on identifying and explaining the key determinants of scenario analysis in the context of operational risk, stress testing and systemic risk, as well as management and planning. Each chapter presents alternative solutions to perform reliable scenario analysis. The author also provides technical notes and describes applications and key characteristics for each of the solutions. In addition, the book includes a section to help practitioners interpret the results and adjust them to real-life management activities. Methodologies, including those derived from consensus strategies, extreme value theory, Bayesian networks, Neural networks, Fault Trees, frequentist statistics and data mining are introduced in such a way as to make them understandable to readers without a quantitative background. Particular emphasis is given to the added value of the implementation of these methodologies.
Download or read book Scenarios written by Wack and published by . This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Practical Introduction to Mental Health Ethics by : Grahame Smith
Download or read book A Practical Introduction to Mental Health Ethics written by Grahame Smith and published by Routledge. This book was released on 2016-11-22 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a mental health nurse, possessing an ethical sensibility and developing ethical reasoning is vital. This book is a practical introduction to the skills and knowledge the mental health nurse is professionally required to develop in their journey towards effectively managing complex ethical decisions. Written with the training mental health nurse in mind, this book is a clear and concise guide on how to approach common, ethically-complex situations mental health nurses will eventually find themselves faced with. It includes textboxes which take the reader into a ‘real world’ scenario to help them explore the moral and ethical issues discussed throughout the chapter. To ensure professional currency, the content of this book is mapped to the Nursing and Midwifery Council’s pre-registration education standards of 2010, and uses a scenario-based approach in order to provide a pragmatic and robust resource. A Practical Introduction to Mental Health Ethics is essential reading for pre-registration mental health nursing students, while also being of value to registered mental health nurses working in ethically challenged areas such as dementia care, psychiatric intensive care units.
Book Synopsis Scenarios, Stories, Use Cases by : Ian F. Alexander
Download or read book Scenarios, Stories, Use Cases written by Ian F. Alexander and published by John Wiley & Sons. This book was released on 2005-04-08 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extending the scenario method beyond interface design, this important book shows developers how to design more effective systems by soliciting, analyzing, and elaborating stories from end-users Contributions from leading industry consultants and opinion-makers present a range of scenario techniques, from the light, sketchy, and agile to the careful and systematic Includes real-world case studies from Philips, DaimlerChrysler, and Nokia, and covers systems ranging from custom software to embedded hardware-software systems
