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
Scenario Planning
Scenarios and Human Resources: 6 Reasons Scenarios and Foresight are Critical to HR
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
Why It’s Time to Adopt Agile Scenario Planning
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
CES 2021 WFH Innovations to Consider
CES 2021 WFH Innovations. CES 2021 wrapped. I'm not sitting at the Venetian, just inside from the Sands Convention Center, exhausted from trying to embrace that final leg of CES after days at the Las Vegas Convention Center. Although I am not at the Venetian, I am a bit exhausted. I did not find the virtual experience as useful as it could have been. I also found that after … [Read more...] about CES 2021 WFH Innovations to Consider
A Counterpoint to Slack’s Navigating the Disruption of Work Report
In late October 2020, Slack dropped a report titled Navigating the Disruption of Work. The report centers on five key assertions: As with any assertive set of future-looking statements, context often gets missed when trying to create a position. Slack fails to recognize two essential elements still in play. First, we are too close to the event to forecast what will … [Read more...] about A Counterpoint to Slack’s Navigating the Disruption of Work Report