In a past post I explored into scenarios and innovation in great depth (see How Does Scenario Planning Help Drive Innovation). I was reading a piece in the Financial Times called Another Way of to develop ideas (on the web as Another form of creative thinking) which looked at practices for Open Innovation. It does not mention scenarios. I think this is a critical mistake. … [Read more...] about Scenarios and Innovation: Where in the Process?
CES 2022 and the Future of Trade Shows Like hybrid work, virtual trade shows will likely continue even if COVID gets downgraded from pandemic to endemic. CES 2022 was the second live conference I did not attend. Information Today’s Knowledge Management World was once again shifted to virtual after months of planning for a return to Washington D.C. And then the Saturday … [Read more...] about CES 2022 and the Future of Trade Shows [Video]
Those forecasting toy demand on an e-commerce site can benefit from several forecasting advances, including the integration of more contextual, operational real-time data, along with demand insights, pricing indicators, and promotions. But even with these advances, seasonality for instance, in retail, remains an issue. Forecasting becomes increasingly difficult and less … [Read more...] about Scenario Planning: 6 Reasons Data-Driven Forecasting Needs Scenarios
Scenarios and human resources: foresight preparation Scenario planning is often a strategic program driven by executives to help an organization map out its strategic options against a background of uncertainty. Scenario planning should no longer be held captive in the board room, or the executive suite. The new age of uncertainty affects not just strategic choices, but … [Read more...] about Scenarios and Human Resources: 6 Reasons Scenarios and Foresight are Critical to HR
The case for Agile Scenario Planning Since the onset of the pandemic, any set of scenario plans that did not include a global pandemic or an analog, instantly became useless. The black swan of the pandemic disrupted assumptions across the board. It made almost everything uncertain. Early on in the pandemic, a few forecasters attempted to find ways to see a post-pandemic … [Read more...] about Why It’s Time to Adopt Agile Scenario Planning