From scenario thinking to strategic action

Authors
Citation
I. Wilson, From scenario thinking to strategic action, TECHNOL FOR, 65(1), 2000, pp. 23-29
Categorie Soggetti
EnvirnmentalStudies Geografy & Development
Journal title
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
ISSN journal
00401625 → ACNP
Volume
65
Issue
1
Year of publication
2000
Pages
23 - 29
Database
ISI
SICI code
0040-1625(200009)65:1<23:FSTTSA>2.0.ZU;2-R
Abstract
Scenarios are not an end in themselves. They are a management tool used to improve the quality of executive decision making. However, experience shows that using scenarios in this way proves more difficult than developing the m. This article examines the causes of this implementation problem and sugg ests ways of overcoming the cultural bias toward single-point forecasting. Starting with a clear-cut decision focus for the scenarios, the author deve lops a primer or step-by-step methodology for moving from scenarios to stra tegy, outlining four different approaches. He suggests that only after a gr eat deal of practice will managers be able to move from this elementary app roach to a more intuitive and insightful use of scenarios as a guide to str ategy. (C) 2000 Elsevier Science Inc.