Royal Plaza on Scotts
Held on 3-4 December 2009 in Singapore, the Strategic Corporate Direction Workshop is offering a fresh approach to, developing, Testing & Surfacing strategic direction in the face of uncertainty and complexity in the Oil, Gas and Petrochemicals industries. Within days of the workshop’s launch, enquiries and registrations were pouring in from industry executives keen to leverage on this innovative approach.
According to Decision Strategy International, the think-tank behind this new approach, “This process helps organizations to identify and develop the core capabilities and competencies required for success under diverse outcomes.”
This strategic planning process has been described as a quantum change from traditional planning approaches, and combines innovative and disciplined strategic thinking effectively to respond to volatile and complex environments!
The Scenario Planning Process: A Visual Overview
(Concept Map Courtesy of Decision Strategies International)
In brief, the process starts with discovery, leading to the development of multiple scenarios of the future, and ending with organizational assimilation of learning that results from this process. The need for peripheral scanning is constantly emphasised throughout the process to respond to emerging trends quickly.
Organizations around the world have already become better equipped to compete and succeed in their industries by adopting DSI’s Scenario Planning Process, and this December, the privilege is being extended to the Energy & Petrochemical industry at the Strategic Corporate Direction Workshop in Singapore.