Profiting from uncertainty : strategies for succeeding no matter what the future brings

Bibliographic Information

Profiting from uncertainty : strategies for succeeding no matter what the future brings

Paul J.H. Schoemaker with Robert E. Gunther

Free Press, c2002

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Note

Includes index

Description and Table of Contents

Description

In an environment of increasing technological and global instability, the risks of ignoring uncertainty are greater than ever. But so are the rewards of actively addressing it. Traditionally, managers have viewed uncertainty as an obstacle interfering with the company's existing plans. PROFITING FROM UNCERTAINTY shows the opposite to be true, that the unknown creates opportunity and that scenario based planning, options thinking and other approaches can actually be used to profit from the ambiguity. Dr. Paul Schoemaker, a worldwide authority on strategic decision making, goes beyond other gurus who simply project how the future might unfold to take a comprehensive approach that moves from external scenarios to key success factors to real options to implementation. Drawing on his work with companies in such diverse fields as biotechnology, financial services, utilities and online travel, Schoemaker shows how to 1) develop and analyse multiple industry scenarios, 2) craft nimble strategies, 3) implement them using an options approach and 4) make real time adjustments through dynamic monitoring.

Table of Contents

Contents Preface: Tumultuous Times Chapter 1 Embracing Uncertainty Chapter 2 Preparing the Mind Chapter 3 Experiencing Multiple Futures Chapter 4 Preparing for the Unknown Chapter 5 Building a Robust Strategic Vision Chapter 6 Creating Flexible Options Chapter 7 Dynamic Monitoring and Adjustment Chapter 8 Implementation: Living with Uncertainty Chapter 9 Case Study: Flying through Turbulence Conclusion Navigating the Future Appendix A: The Psychology of Uncertainty Appendix B: Uncertainty Tool Kit Notes Index

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Details

  • NCID
    BA59285437
  • ISBN
    • 0743223284
  • Country Code
    us
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    New York
  • Pages/Volumes
    xv, 267 p.
  • Size
    25 cm
  • Classification
  • Subject Headings
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