Four Approaches to Scenario-Based Growth Planning – Which One is Right For Your Organization?
Scenario-Based Strategic Planning and its complement, Predictive Performance Indicators, provide the advance intelligence that today’s foremost business leaders find critical to successfully navigating strategic risk and embracing emerging opportunities in this era of ongoing disruptive change.These tools allow leaders to more confidently identify and pursue preemptive actions that can change an undesirable business course or quickly and effectively capitalize on an unexpected opportunity.
But choosing among the various approaches to Scenario-Based Planning can prove daunting.This webinar will provide an overview of the four approaches that have become most common. Meridian Associates’ Founder and President, a sought-after Scenario Planning expert, will summarize and compare each of the four approaches and will review organizational requirements for optimal use of each. Ms. Meister will also identify her firm’s preferred Scenario-Based Planning approach, one tailored for the mid-sized organizations with whom her company most frequently works to drive improved performance.
Attendee questions addressed in this webinar include:
- Should there be a single focal point for the scenarios an organization develops, and if so, how should that be selected?
- Is there a “best” number of scenarios to create? How many is too many?
- Once scenarios are developed, what should happen next?
- How will we know when preemptive actions against a developing scenario should be taken?
Diane M. Meister
Founder and President, Meridian Associates Inc.
As Founder and President of Meridian Associates Inc., a Chicago-based strategic growth consulting firm, Diane M. Meister and her Meridian team help organizational leaders take advantage of changing industry environments. Meridian helps its clients – mid-sized organizations across a wide range of industries -- develop and manage a scenario-based growth process, which typically results in the placing of early bets against evolving industry or organizational futures.
Diane has been a featured speaker on Scenario Planning at recent events such as the 2015 annual conference of the Association for Strategic Planning and the 2015 Medical Devices Summit held in San Jose, California, and sponsored by Opal Events.
Diane holds an Executive MBA from the Kellogg School of Management at Northwestern University. Between her Meridian Associates’ experience and her prior management positions with two leading U.S.-based international advertising agencies, she has partnered with leaders of more than 50 organizations in over 30 industry sectors to help drive important new sources of top and bottom-line growth and to identify and mitigate strategic risk.