Principles of Scenario Planning - Strategising--> strategy as a loop, it is never finished - The uncertain Environment

3 important questions on Principles of Scenario Planning - Strategising--> strategy as a loop, it is never finished - The uncertain Environment

When can we speak of unknowables?

We cannot even imagine the event.

What does complexity to the business environment mean?

More uncertainty means fewer variables to focus on.

What cues for causality are there?

  • Temporal order, events organised on a time line, for example trends over time in events.
  • Co-variance, where we see different variables following similar patterns over time.
  • Spatial/temporal closeness, if one thing Always follows another, we assume a link.
  • Similarity in form or pattern

 

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