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Scenario Planning and Strategic Foresight
Scenario Planning and Strategic Foresight is a highly experiential five-day program focusing on the skills of effective scenario planning.
5 Days
Overview
Scenario planning is a powerful approach used to explore volatility, uncertainty, complexity and develop plausible futures that map out such issues.
In combination with the organisation's business idea, scenarios facilitate a strategic conversation that helps to determine a course of action and assists in resource allocation in complex and rapidly changing environments.
Scenario planning uses a combination of techniques, including horizon scanning, story-telling and analysis, conversation and collaboration, and strategic planning. This program utilises the Oxford Scenario Planning Approach through an active, iterative, and interactive format combining lectures, videos, reading and research, individual and group exercises and group presentations.
This program is explored in the context of real organisational problems. Participants work in groups, focusing on a particular organisation of their choice. Through the implementation of scenario planning tools, participants develop a number of scenarios that explore the key concerns in the scenario agenda. Implications for the organisation are drawn out and considered in the context of strategic change. The process results in new insights about potential strategic risks for the organisation.
Who will benefit
Anyone in a public or private sector organisation involved in management, strategy or policy, with a focus on the future and the risks and opportunities it holds, or who work with diverse and sometimes conflictual stakeholders within or outside their organisations.
Content
Learning Outcomes
As a result of this program participants will:
- Identify sources of competitive advantage that can be impacted by contextual change
- Use horizon scanning to assess contextual change
- Understand the true lessons of history on non-linear change for better strategic foresight
- Write compelling scenario stories that promote, persuade, inspire, inform, interest and entertain
- Collaborate with diverse and sometimes difficult stakeholders using strategic conversation, strategic collaboration and strategic ambiguity
- Convert scenarios into bold, simple, and focused strategic insights for rapid implementation and impact
- Embed scenario planning processes as organisational habits to ensure perpetuity of strategic foresight.
Alignment with UWA's MBA Flexible Program
This program aligns with UWA’s flexible MBA program, with an optional assessable component to complete after the program. Those who qualify to access this articulation pathway, and who successfully complete the program and pass the assessments, will receive credit as an ungraded pass (to the value of one optional unit) towards their UWA MBA Flexible degree.
Special rate for UWA MBA Flexible students: $5,045 GST inclusive
About the Facilitator
John Sykes
John Sykes is a geologist, economist, strategist and futurist. He works as a Strategist for MinEx Consulting and Founder-Director of Greenfields Research, both of which specialise in economic and strategic consultancy to the mining and exploration sector.
John co-teaches the ‘Strategic Management’ and ‘Strategic Management of Resource Companies’, and 'Global Energy and Mineral Markets' courses on the UWA MBA program. He is also completing a multidisciplinary doctorate at UWA that applies scenario planning techniques to the future of mining and exploration.
John has co-authored or co-edited several books on the mining sector and business strategy and co-authors a weekly column on mining strategy. He has published numerous technical and academic papers on mineral sector strategy and economics, including several award-winning papers, and presented at many industry conferences on these subjects. John holds Masters degrees in Geology from Imperial College London and in Geophysical Hazards from University College London.
John is an Associate Fellow of the Australian Institute of Management WA.
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Travel abroad to gain a global perspective. This year has now sold out. Join the wait list for next year and avoid missing out by emailing execed@execed.com.au
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