Scenario Planning
Course ID: LSM503 Use scenario planning to evaluate your organization’s strategic position and competencies. Develop plans for expansion in an uncertain future. |
Description
The complexities of rapidly expanding technology and economic globalization make it necessary for organizations to develop tools for strategic analysis to ensure their ability to compete as an industry leader. Scenario planning is a powerful tool used by the most successful corporations for strategic analysis and decision making, enabling an organization to chart a course or optimize its resource allocation in complex situations when the future is uncertain.
In this course, participants learn to evaluate an organization's strategic position, competencies, and plans for expansion across a full range of potential future developments.
Who Should Enroll in This Course?
This course is vital for senior management and other key leaders of organizations in virtually any industry as they face the responsibilities of guiding their organizations to success in uncertain times.Enrollment
To register, contact an Enrollment Counselor at info@ecornell.com or 1-866-326-7635 (+1-607-330-3200 from outside the United States).Certificate programs are eligible for eCornell Payment Plans. Discounts are available for military personnel, veterans, and Cornell University Alumni. eCornell programs are not eligible for financial aid or federal Pell Grants. Contact an enrollment counselor for more information.
February 29, 2012
March 14, 2012
Click 'Enroll Now' to see available dates beyond March 14, 2012.
CEUs
HRCI Recertification
Project Management Institute Professional Development Units
This course qualifies for 6.50 Professional Development Units (PDUs) from the Project Management Institute (PMI) for Professional Project Managers (PMPs) seeking ongoing education and professional development for continuing certification. eCornell is a Global Registered Education Provider of PMI. PDUs are designated as Category 3.
Additional Information
Course Format
eCornell takes a problem-based approach to learning, and our courses are built around realistic case studies and scenarios. All courses are self-paced, and are facilitated by an eCornell instructor, who leads the online discussions and is available to answer any questions about the course content.
This course contains the following modules:
- Context and Preparation for Scenario Planning
- Introduction to the concept of scenario planning and its usefulness
- Key elements of scenario planning (e.g., trends and uncertainties)
- Organizing data: identifying how uncertainties may interact with each other, and addressing different levels of confidence in the data
- Scenario Planning in Practice
- Developing scenarios that integrate trends and uncertainties into alternate possibilities for your industry
- Applying strategic frameworks to determine core competencies and key success factors for each scenario
- Assessing an organization's current competencies and creating a development plan to acquire new competencies
- Early warning systems to accelerate the conversion of uncertainties into trends
Benefits to the Learner
Participants who complete this course will be able to:- Assess whether scenario planning is right for their organization
- Collect and arrange the data necessary for planning a scenario
- Organize an effective team for scenario planning
- Assess their organization's current competencies and develop robust strategies for multiple scenarios
- Develop early warning indicators to identify emerging scenarios
- Identify new competencies and courses of action that will give their organization the greatest strategic advantage
Authoring Faculty
Michael J. Hostetler, Lecturer of LeadershipSponsoring School
Cornell University's Johnson Graduate School of ManagementTotal Learning Time
Approximately five to six hours over a period of two weeks.You May Be Interested In...
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- Student Testimonial,
"The course was to the point, and I was able to absorb and appreciate the content. I've gained the confidence to implement the learnings- which I've already started doing!"
Scenario Planning - Student Testimonial,
"This course has been very beneficial to me because it addressed all the concerns I had about organizational visioning and planning."
Scenario Planning - Student Testimonial,
"This course has been very beneficial to me. It addressed all the concerns I had about organisational visioning and planning"
Scenario Planning - Excellent content. You go into a course with certain expectations and bias. I was very pleasantly surprised by how the course made me rethink and refocus my approach to scenario planning.Barbara Sinclair,Scenario Planning
- Appreciated the insight and experience working this process. Clearly a valuable tool.Denise Ness ,Scenario Planning
