This is a Chartered Institute of Personnel and Development (CIPD) training course
Recommended for:
Scenario Planning - Managing for the Unknown is designed for HR partners, senior line managers, internal and external consultants and all those who have concern for the successful future of the business.
Course overview:
We all know that we can’t predict the future, yet every year in our organisations we are asked to forecast, budget and plan – typically our planning consists of extrapolating from the past into the future which is reactive rather than proactive.
Learn how to ‘expect the unexpected’ by thinking about different possible futures; how you can recognise which future you are moving towards and which levers you can pull in your organisation to steer a more beneficial course – minimise uncertainty and take advantage of windows of opportunity.
Course benefits:
By the end of the Scenario Planning - Managing for the Unknown course, you will be able to:
- recognise the greatest areas of future uncertainty for your organisation
- identify the effects a range of different futures might have on your organisation and how best to respond to those effects
- identify changes that will enable them to be more responsive not just to one but to a range of likely futures
- identify what sort of a future is emerging in order to respond at the best time and in the best way
- identify what each individual needs to do differently for each unfolding future
expand your mental models, for better, more strategic thinking and generate new opportunities
- different futures provide a ‘wind tunnel’ to test your decision making – it becomes more robust.
Programme
- what scenario planning is about and how you can use it
- history of scenario planning and examples of successes
- identify the key factors that impact your business in the outside world
- choose two of these key factors to build a ‘matrix of futures’
- develop four different possible futures
- identify the markers in the development of each of these futures
- work through what your business would need to do differently for each of these possible futures:
- finance
- marketing
- sales
- HR
- R & D
- operations/manufacturing
- procurement
- identify what you will have to do differently in your job for each of these future scenarios.
- identify how you can use this tool for the benefit of your own organisation
- Review and action planning.
