Scenario Planning for Businesses and Organizations

A 2-day training course for corporations and government organizations

General Information

Details	Description
Course Date and Venue	05-06 Nov 2024 JW Marriott Hotel KL, The Starhill, Jln Bukit Bintang
Brochure	View course brochure
Trainer	View trainer profile
Registration	Register online
Further Info	Whatsapp Admin
Course Fees	RM1,799 per pax; or RM1,399 per pax for groups of 3 & above Included: venue and meals for the participant (2 tea breaks and 1 lunch for 2 days)

Course Summary

The 2020 pandemic had taught organizations the hard way concerning one inevitable truth – our world today is indeed VUCA. VUCA stands for Volatile, Uncertain, Complex, and Ambiguous. As the world moves along with time a plethora of threats (as well as opportunities) lies ahead of businesses and organizations. Those who have anticipated the unexpected definitely stand a much better chance in sailing through the storm with minimum repercussions, and discovering new opportunities, as how Albert Einstein had phrased it:

“In the midst of every crisis, lies great opportunity” ― Albert Einstein

Hence effective Scenario Planning practices in businesses and organizations are needed now more than ever, especially in today’s disruptive and VUCA world. Therefore, this 2-day masterclass will provide participants with the concepts, strategies, and tools in developing an effective scenario action plan which will help their departments, organizations or businesses to thrive, should an anticipated issue actually arise in future.

Course Objectives

Understand the concept, attributes, and process of scenario planning in today’s improvement practices of businesses and organizations
Identify and analyze forces / uncertainties pertaining to scenario planning
Create a 2×2 Scenario Matrix by mapping critical forces / uncertainties on the XY axis
Develop a Scenario Action Plan using a customizable scenario planning template

Who Should Attend

Executives, managers, and senior managers from all management fields, both technical and non-technical

Course Module Outline

Module 1: Introduction to Scenario Planning

Fundamentals concepts
Why scenario planning?
Common misunderstandings and misconceptions
The 4-step IAMA process in Scenario Planning

Module 2: Identifying Forces / Uncertainties (Scenario Planning Part 1)

Using PESTLE analysis
(Group Activity) Application of the Scenario Planning Template – Part 1

Module 3: Analyzing Forces/Uncertainties (Scenario Planning Part 2)

Forces/Uncertainties outcome
- Forces / uncertainties likelihood
- Magnitude of impact
Forces / Uncertainties Ranking
(Group Activity) Application of the Scenario Planning Template – Part 2

Module 4: Scenario Matrix (Scenario Planning Part 3)

Creating a 2×2 scenario matrix
- Mapping the two most Critical Force / Uncertainty on the XY axis
- Generating the four different scenarios
(Group Activity) Application of the Scenario Planning Template – Part 3

Module 5: Developing the Scenario Action Plan (Scenario Planning Part 4)

Some common questions
- What will you do to prepare for this scenario?
- How will you do it?
- Timeline? Person in charge? Control?
Systematic approach to developing an action plan
- PSA; FEE; WRS; UnDeR; PDCA, OODA
(Group Activity) Application of the Scenario Planning Template – Part 4