In a world filled with competitive uncertainty, Scenario
Analysis is a tool that helps you develop resilient strategies for
your company.
FACULTY: SANDMAN/ROTHBERG 0.7 CEU CREDIT
November 21
In a world filled with competitive uncertainty, Scenario Analysis
is a tool that helps you develop resilient strategies for your company.
It is a means to explore multiple outcomes to complex or rapidly
changing competitive situations, determine the implications of each
potential outcome, and set effective future strategies. A perfect
complement to War Gaming, which simulates the responses of competitors
to an industry’s changing realities, Scenario Analysis allows
the decision makers to form strategies suitable for the future competitive
landscape. It is a critical element of any company’s early
warning system. Filled with real-world cases and examples, Scenario
Analysis relies on identifying and examining drivers of uncertainty
- those factors, forces, and/or trends that will propel a particular
competitive situation forward. Drivers may include regulatory developments,
competitive behavior, industry consolidation, and other external
forces over which organizations have little or no control. You will
learn how to apply key drivers to develop alternative outcomes and
plan your strategic moves to match those expected outcomes.
This course - filled with cases and exercises - will provide you
with an introduction to Scenario Analysis. Specifically, you will
learn how to:
Build scenarios, based on first-hand case studies drawn from actual Fuld & Company client engagements
Learn methods for developing different "futures" for your company, thereby offering your management potent strategic options
Use the results of Scenario Analysis to craft resilient competitive strategy despite being faced with highly uncertain competitive conditions
Apply Scenario Analysis as a fundamental building block for your early warning system