Planning For Uncertainty

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Managing Uncertainty

Author : Michel Syrett
Publisher : The Economist
ISBN 13 : 1610395131
Total Pages : 170 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis Managing Uncertainty by : Michel Syrett

Download or read book Managing Uncertainty written by Michel Syrett and published by The Economist. This book was released on 2014-02-25 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing uncertainty has become a new business imperative. Technological discontinuities, regulatory upheavals, geopolitical shocks, abrupt shifts in consumer tastes or behavior, and many other factors have emerged or intensified in recent years and together conspire to undermine even the most carefully constructed business strategies. Managing Uncertainty: Strategies for Surviving and Thriving in Turbulent Times addresses these new challenges, assessing the sources of business turbulence, how to classify uncertainty, and the different ways in which uncertainty can be embraced to allow greater innovation and growth. Drawing on examples from around the world, the book presents the most recent ideas on what it means to manage uncertainty, from practitioners, academics, and consultants. • Addresses the challenges of managing uncertainty in business • Presents a step-by-step guide to managing business uncertainty • Draws examples from major international companies, including Intel, Procter & Gamble, Siemens, Boeing, Quinetiq, Philips, China Telecom, Ford, Apple, Shell, Glaxo SmithKline and many more Written for business leaders and managers looking for new ways to ensure that their businesses continue to thrive in a world of increasing complexity, Managing Uncertainty presents new and innovative ideas about reducing risk by understanding difficult-to-predict shifts.

Managing Project Uncertainty

Author : David Cleden
Publisher : Routledge
ISBN 13 : 1351920413
Total Pages : 131 pages
Book Rating : 4.3/5 (519 download)

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Book Synopsis Managing Project Uncertainty by : David Cleden

Download or read book Managing Project Uncertainty written by David Cleden and published by Routledge. This book was released on 2017-03-02 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dealing effectively with uncertainty requires today's project manager to be familiar with a broad spectrum of strategies, encompassing both 'hard' and 'soft' methods. This theme of unified thinking (i.e. the need to selectively draw upon a wide range of strategies in any given situation) will differentiate the book from its contemporaries. By picking up where traditional risk management techniques begin to fail, it brings together leading-edge thinking from a variety of disciplines and shows how these techniques can be used to conquer uncertainty in projects. The ability to make good decisions when faced with uncertainty is the real challenge. It is a universal truth that a decision is only as good as the information it is based on. But good information is often hard to come by, and all projects are vulnerable to the unknown and the unknowable. Thus, uncertainty becomes the sworn enemy of the project manager. Wherever we try to analyse, quantify, plan and act, uncertainty lies in wait to surprise us with its ambiguity and unpredictability. It lurks in every stage of the project lifecycle: in the planning (how long will this really take?), the initiation (this isn't the situation I expected!), the execution (who could have foreseen that happening?), and even the completion of a project (where are the expected benefits?). But managing uncertainty is a lot more than just applying risk management techniques. It requires a deep appreciation of how uncertainty arises and, by recognising its different guises, the appropriate strategies can be formulated. If we can learn how to reduce uncertainty, we can make better management decisions and increase the chances of the project succeeding. This book addresses five key questions: ¢ Why is there uncertainty in projects? ¢ How do you spot the symptoms of uncertainty, preferably at an early stage? ¢ What can be done to avoid uncertainty? ¢ What strategies can be used to deal with project uncertainty? ¢ How can both the individual and the organisation learn to cope more effectively in the future? The reader is assumed to be a either a project management professional, or a senior manager looking for ways to improve project management strategy within their organisation. As such, a foundation in project management basics is assumed, although not essential. The book then builds on this by exposing new ideas and concepts, and shows how these can be harnessed to tackle uncertainty in its many guises.

Planning Under Uncertainty

Author : Gerd Infanger
Publisher : Boyd & Fraser Publishing Company
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Planning Under Uncertainty by : Gerd Infanger

Download or read book Planning Under Uncertainty written by Gerd Infanger and published by Boyd & Fraser Publishing Company. This book was released on 1994 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Profiting From Uncertainty

Author : Paul Schoemaker
Publisher : Simon and Schuster
ISBN 13 : 0743234189
Total Pages : 288 pages
Book Rating : 4.7/5 (432 download)

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Book Synopsis Profiting From Uncertainty by : Paul Schoemaker

Download or read book Profiting From Uncertainty written by Paul Schoemaker and published by Simon and Schuster. This book was released on 2012-12-25 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: What manager is not anxious about the future? We live in a white-knuckled age of rapid technological change and global instability. But uncertainty is not the enemy, says management expert Paul J. H. Schoemaker. It is where the greatest opportunities are. To unlock these opportunities, however, requires a very different approach to strategy and implementation. In this pioneering book, Dr. Schoemaker presents a systematic approach that combines concepts such as scenario planning, options thinking, and dynamic monitoring to create novel strategies for profiting from ambiguity. Building on his experience with more than one hundred consulting projects in fields ranging from health care to manufacturing, from utilities to financial services, Schoemaker shows how major corporations throughout the world have used his pathbreaking methodology to prepare for an uncertain future and profit from it. In this first comprehensive approach to the subject, Schoemaker shows the reader (1) how to develop and analyze multiple industry scenarios, (2) craft nimble strategies with just the right amount of flexibility, (3) implement them using an options approach, and (4) make real-time adjustments through dynamic monitoring. As a leading academic thinker and practitioner, the author draws on the frontiers of decision science, organization theory, strategy, and cognitive psychology to integrate the most practical contributions these various fields have made to navigating uncertainty. More than any other capability, skill in seizing initiatives in shifting, unpredictable circumstances is the key to success. Profiting from Uncertainty provides a road map to do just that. This book was first published in 2002, well ahead of the mega turmoil that befell the world in 2008 and beyond. The methods and tools described here have been used by many companies and are even more relevant today than when originally published. You can’t do without them.

The Scenario-planning Handbook

Author : Bill Ralston
Publisher : South Western Educational Publishing
ISBN 13 :
Total Pages : 278 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis The Scenario-planning Handbook by : Bill Ralston

Download or read book The Scenario-planning Handbook written by Bill Ralston and published by South Western Educational Publishing. This book was released on 2006 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary objective of the book is to provide decisionmakers the insight and means to apply this technique in changing the way they think about and plan for the future. Scenario-based strategy both confronts and deals with uncertainty and leads to a strategy that is focused but resilient, specific but flexible. The handbook guides readers step by step through the sequence and intricacies of a scenario project and the subsequent strategic decision-making. It explains what scenarios are and are not, when they are needed, as well as their uses and benefits. It also deals with cultural and organizational changes that an organization must undertake to maximize the benefits of scenario-based planning.

The Uncertainty Mindset

Author : Vaughn Tan
Publisher : Columbia University Press
ISBN 13 : 0231551878
Total Pages : 296 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis The Uncertainty Mindset by : Vaughn Tan

Download or read book The Uncertainty Mindset written by Vaughn Tan and published by Columbia University Press. This book was released on 2020-07-28 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is how businesses stay ahead of the competition and adapt to market conditions that change in unpredictable and uncertain ways. In the first decade of the twenty-first century, high-end cuisine underwent a profound transformation. Once an industry that prioritized consistency and reliability, it turned into one where constant change was a competitive necessity. A top restaurant’s reputation and success have become so closely bound up with its ability to innovate that a new organizational form, the culinary research and development team, has emerged. The best of these R&D teams continually expand the frontiers of food—they invent a constant stream of new dishes, new cooking processes and methods, and even new ways of experiencing food. How do they achieve this nonstop novelty? And what can culinary research and development teach us about how organizations innovate? Vaughn Tan opens up the black box of elite culinary R&D to provide essential insights. Drawing on years of unprecedented access to the best and most influential culinary R&D teams in the world, he reveals how they exemplify what he calls the uncertainty mindset. Such a mindset intentionally incorporates uncertainty into organization design rather than simply trying to reduce risk. It changes how organizations hire, set goals, and motivate team members and leads organizations to work in highly unconventional ways. A revelatory look at the R&D kitchen, The Uncertainty Mindset upends conventional wisdom about how to organize for innovation and offers practical insights for businesses trying to become innovative and adaptable.

Strategy Beyond the Hockey Stick

Author : Chris Bradley
Publisher : John Wiley & Sons
ISBN 13 : 1119487625
Total Pages : 256 pages
Book Rating : 4.1/5 (194 download)

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Book Synopsis Strategy Beyond the Hockey Stick by : Chris Bradley

Download or read book Strategy Beyond the Hockey Stick written by Chris Bradley and published by John Wiley & Sons. This book was released on 2018-02-06 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beat the odds with a bold strategy from McKinsey & Company "Every once in a while, a genuinely fresh approach to business strategy appears" —legendary business professor Richard Rumelt, UCLA McKinsey & Company's newest, most definitive, and most irreverent book on strategy—which thousands of executives are already using—is a must-read for all C-suite executives looking to create winning corporate strategies. Strategy Beyond the Hockey Stick is spearheading an empirical revolution in the field of strategy. Based on an extensive analysis of the key factors that drove the long-term performance of thousands of global companies, the book offers a ground-breaking formula that enables you to objectively assess your strategy's real odds of future success. "This book is fundamental. The principles laid out here, with compelling data, are a great way around the social pitfalls in strategy development." —Frans Van Houten, CEO, Royal Philips N.V. The authors have discovered that over a 10-year period, just 1 in 12 companies manage to jump from the middle tier of corporate performance—where 60% of companies reside, making very little economic profit—to the top quintile where 90% of global economic profit is made. This movement does not happen by magic—it depends on your company's current position, the trends it faces, and the big moves you make to give it the strongest chance of vaulting over the competition. This is not another strategy framework. Rather, Strategy Beyond the Hockey Stick shows, through empirical analysis and the experiences of dozens of companies that have successfully made multiple big moves, that to dramatically improve performance, you have to overcome incrementalism and corporate inertia. "A different kind of book—I couldn't put it down. Inspiring new insights on the facts of what it takes to move a company's performance, combined with practical advice on how to deal with real-life dynamics in management teams." —Jane Fraser, CEO, Citigroup Latin America

Management of Uncertainty

Author : Gudela Grote
Publisher : Springer Science & Business Media
ISBN 13 : 1848823738
Total Pages : 199 pages
Book Rating : 4.8/5 (488 download)

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Book Synopsis Management of Uncertainty by : Gudela Grote

Download or read book Management of Uncertainty written by Gudela Grote and published by Springer Science & Business Media. This book was released on 2009-09-17 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: As I write, the financial systems of the world are collapsing with still no clear indication of what the consequences will be and which measures should be taken to avoid such a crisis in the future. There seems to be agreement though, that the financial instruments introduced in the past few decades entailed far too much complexity and uncertainty and that there was too little regulatory control over the use of these instruments. Management of uncertainty with the aim of achieving self-control is the core concern of this book. It was not written with a focus on financial systems, but many concepts developed in this book are applicable to this field as well. The - neric principles of reducing, maintaining or increasing uncertainties in view of the different contingencies an organization is faced with, the fundamental issue of how much control is possible and who should be in control, and the question of how much and what kind of regulation is necessary with the overall aim of finding an appropriate balance between system stability and flexibility are at the centre of heated debates on the future of finance.

Planning on Uncertainty

Author : Ruth Prince Mack
Publisher : John Wiley & Sons
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Planning on Uncertainty by : Ruth Prince Mack

Download or read book Planning on Uncertainty written by Ruth Prince Mack and published by John Wiley & Sons. This book was released on 1971 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Business Strategy

Author : J.-C. Spender
Publisher :
ISBN 13 : 0199686548
Total Pages : 339 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis Business Strategy by : J.-C. Spender

Download or read book Business Strategy written by J.-C. Spender and published by . This book was released on 2014 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emphasising that firms face uncertainties and unknowns, this book argues that the core of strategic thinking and processes rests on the organization and its leaders developing newly imagined solutions to the opportunities that these uncertainties open up. It presents new approaches for managers, consultants, strategy teachers and students.

Uncertainty by Design

Author : Limor Samimian-Darash
Publisher : Cornell University Press
ISBN 13 : 1501762478
Total Pages : 188 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Uncertainty by Design by : Limor Samimian-Darash

Download or read book Uncertainty by Design written by Limor Samimian-Darash and published by Cornell University Press. This book was released on 2022-04-15 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Uncertainty by Design Limor Samimian-Darash presents cases of the use of scenario technology in the fields of security and emergency preparedness, energy, and health by analyzing scenario narratives and practices at the National Emergency Management Authority in Israel, the World Health Organization's Regional Office for Europe, and the World Energy Council. Humankind has long struggled with the uncertainty of the future, with how to foresee the future, imagine alternatives, or prepare for and guard against undesirable eventualities. Scenario—or scenario planning—emerged in recent decades to become a widespread means through which states, large corporations, and local organizations imagine and prepare for the future. The scenario technology cases examined in Uncertainty by Design provide a useful lens through which to view contemporary efforts to engage in an overall journey of discovering the future, along with the modality of governing involved in these endeavors to face future uncertainties. Collectively, they enable us to understand in depth how scenarios express a new governing modality.

Models of Scenario Building and Planning

Author : A. Martelli
Publisher : Springer
ISBN 13 : 1137293500
Total Pages : 315 pages
Book Rating : 4.1/5 (372 download)

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Book Synopsis Models of Scenario Building and Planning by : A. Martelli

Download or read book Models of Scenario Building and Planning written by A. Martelli and published by Springer. This book was released on 2014-10-01 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Models of Scenario Building and Planning offers a unique and innovative exploration of the scenario approach. The book focuses on the analysis of the competitors' behavior; the analysis of risk and uncertainty; and the link between scenarios and strategies.

Strategy and Defence Planning

Author : Colin S. Gray
Publisher : Oxford University Press, USA
ISBN 13 : 0198701845
Total Pages : 238 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Strategy and Defence Planning by : Colin S. Gray

Download or read book Strategy and Defence Planning written by Colin S. Gray and published by Oxford University Press, USA. This book was released on 2014 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title explores and examines why and how security communities prepare purposefully for their future defence. Professor Gray argues that our understanding of human nature, of politics, and of strategic history, does allow us to make prudent choices in defence planning.

Scenario-based Strategic Planning

Author : Burkhard Schwenker
Publisher : Springer Science & Business Media
ISBN 13 : 3658028750
Total Pages : 219 pages
Book Rating : 4.6/5 (58 download)

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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.

Scenario Planning for Cities and Regions

Author : Robert Goodspeed
Publisher :
ISBN 13 : 9781558444003
Total Pages : 288 pages
Book Rating : 4.4/5 (44 download)

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Book Synopsis Scenario Planning for Cities and Regions by : Robert Goodspeed

Download or read book Scenario Planning for Cities and Regions written by Robert Goodspeed and published by . This book was released on 2020 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: ""Describes the emerging use of collaborative scenario planning practices in urban and regional planning, and includes case studies, an overview of digital tools, and a project evaluation framework. Concludes with a discussion of how scenarios can be used to address urban inequalities. Intended for a broad audience"--Provided by the publisher"--

Enlightened Planning

Author : Christopher Chapman
Publisher : Routledge
ISBN 13 : 0429757867
Total Pages : 849 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis Enlightened Planning by : Christopher Chapman

Download or read book Enlightened Planning written by Christopher Chapman and published by Routledge. This book was released on 2019-06-26 with total page 849 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategy, risk management and project management are often considered separately by those applying their principles—but at their most effective, all are dependent upon each other for success. Enlightened Planning teaches this holistic perspective and demonstrates how a synthesis of these approaches yields far greater opportunities. A strategic, calculated risk, for example, can be less inherently risky than chronic risk aversion over time. Here, a respected specialist and teacher demonstrates how to become an 'enlightened planner', one that is aware of project, strategy and risk concerns, and their potential interplay. Following the core principle of Keep It Simple Systematically, he shows how organised, systematic thought processes can demystify the complexities of decision-making when considering a huge variety of concerns at once. Supported throughout with real-life cases from the author’s considerable experiences with commercial organisations, it is also supported by a website containing even more cases, learning and teaching materials. This book is essential reading for any practitioner specialising in risk management, project management or strategy; as well as those teachers or participants in executive programmes.

Planning for Resilience

Author : Elena Pede
Publisher : Springer
ISBN 13 : 3030172627
Total Pages : 88 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Planning for Resilience by : Elena Pede

Download or read book Planning for Resilience written by Elena Pede and published by Springer. This book was released on 2019-04-06 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the increasing uncertainty due to catastrophic climate events, terrorist attacks, and economic crises, this book addresses planning for resilience by focusing on sharing knowledge among policy-makers, urban planners, emergency teams and citizens. Chapters look at the nature of contemporary risks, the widespread of resilience thinking and the gap between the theoretical conception and the practices. The book explores how resilience implies a change in planning practices, highlighting the need for flexibility in terms of procedures, and for dynamism in the knowledge systems and learning processes that are the main tools for interaction among different actors and scales. Given its breadth of coverage, the book offers a valuable resource for both academic readers (spatial planners, geographers, social scientists) and practitioners (policymakers, citizens’ associations).