Principles of Scenario Planning - Strategising--> strategy as a loop, it is never finished - Strategy and Learning
3 important questions on Principles of Scenario Planning - Strategising--> strategy as a loop, it is never finished - Strategy and Learning
What characterises orthodoxy and reframing?
- Satisficing--> "make-sense" approach: managers are overloaded with information, thus they default to the simplest more or less functional thing to do.
- The big unarticulated issue--> what we are not ready to tackle yet, and thus we ignore it for now.
- Gaining unique insights in the adjacent space--> beyond business as usual.
- The inovators attitude of the scenario project.
What is single-loop/adaptive learning?
Knowing one strengths and weaknesses and mapping out the environments so Strengths can be exploited and Weaknesses can be minimised.
What is double-loop/generative learning?
Question the current aspirations, and invent new ones. Deciding the vision for the firm's mission.
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