The Power of Scenarios to Improve Strategic Decisions
Scenario planning is a powerful tool that can help us picture how the future might unfold. By charting out the possible sequence of events or course of action, decision-makers can imagine future prospects more clearly, grapple with uncertainty, and encourage organizational learning.
At Shell, scenarios have been a key feature of strategic planning for more than 40 years, helping to guide decision-makers at major moments in the company's history. In this webinar, Henk Krijnen, Group Projects Economics Advisor for Shell Group, will discuss how Shell has used this planning technique to recognize threats and opportunities, to anticipate and manage uncertainty, and to test strategies and improve decision-making. Henk will be joined by Carl Spetzler, who will discuss the role of scenarios in achieving decision quality.
Henk will be joined by Carl Spetzler, who will discuss the role of scenarios in achieving decision quality (DQ).
Henk Krijnen has been at Shell and its affiliated companies for more than 30 years. As a member of Shell's corporate strategy and planning department, he develops tools and approaches to assess and evaluate risk and uncertainty of projects and project portfolios.
Carl Spetzler is the CEO of Strategic Decisions Group and the program director of the Stanford Strategic Decision and Risk Management certificate program.
For more information about the Strategic Decision and Risk Management Certificate, visit strategicdecisions.stanford.edu