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Scenario Thinking - A Historical Evolution of Strategic Foresight (Paperback)
Loot Price: R548
Discovery Miles 5 480
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Scenario Thinking - A Historical Evolution of Strategic Foresight (Paperback)
Series: Elements in Business Strategy
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Loot Price R548
Discovery Miles 5 480
Expected to ship within 12 - 17 working days
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This Element infuses established scenario planning routines with an
exploration of cognitive reasoning, by contextualising scenario
thinking within the wider human endeavour of grappling with future
uncertainties. A study of ancient civilisations shows that scenario
thinking is not new, but has evolved significantly since ancient
times. By de-coupling scenario thinking from scenario planning, it
is elevated as the essential ingredient in managerial foresight
projects. The historical theme continues, focussing on the
evolution of modern scenario planning, by way of the French and
Anglo-American schools of thought, using the intuitive logics
methodology. Archival research has discovered early contributions
in the UK around the development and use of scenario thinking in
public policy, which has been overlooked in many received
histories. Finally, the usefulness of scenario thinking for
strategic management is challenged here and the argument that it is
a heuristic device for overcoming cognitive biases and making
better strategic decisions is refined.
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