Events
Using Scenario Planning for Risk Management - AirBNB's approach
Sunday 23 March 2014
I'm often asked how Scenario Planning and Strategic Planning tie together. The simple answer is that Strategic Planning is about your intentions - the way you will reach the destination you have established for your organisation. But Scenario Planning is about thinking more deeply about the way in which the futures may evolve. In other words, trying to work out the variety of future environments you might need to deal with before you get to where you're going. To that end then, Scenarios enable you to more effectively identify and test your assumptions about the future. And that means dealing with risk
Which is why this short article is of such value. It highlights how AirBNB conceived (in advance) the kinds of risks it may need to deal with, and then incorporated into its business planning and strategic planning, options for action. In doing so they were able to minimise significant business risks. And that is why a robust and well tested forward view, is an essential requirement for leadership
Keep informed - Sign up
Events
Thursday 31 March 2022
One of the great challenges with running any organisation is keeping it on track. Strateic Planning is not about fixed methods - it's about a focus on outcomes
Read more...
Monday 11 October 2021
Interesting emerging dynamic about to land on the shop fronts of Australian retailers that pose serious risks to their staff. And few retailers are ready
Read more...
Tuesday 7 September 2021
You'll have seen, heard or read some of my thoughts on the lab grown proteins from firms like #ImpossibleFoods or #BeyondMeat. Now the food we eat is a direct climate change contributor and for anyone in those sectors, you need to play for the change that is most definitely coming
Read more...
