Resources
If you provide strategic input for your organisation, or oversee them, I've collated some topical references and provided some key take aways.
Scenario Planning Resources for Directors & Leaders
Guide to Scenario Planning
As a director you may have heard the value of understanding plausible future however you may not have participated in creating them directly.
This article provides a thorough overview of some of the key questions and process steps often used to guide teams through the practice of scenario planning.
Key take aways: once you know who your user is, test if they themselves have a ‘client’, consider how you bring outside perspectives into your scenarios, if all participants are from the same team/organisation there is likely to be institutional biases and ensure there is accountability for tracking the “early-warning indicators”.
Board level questions for Directors
Long term planning often raises questions about the physical environment and how that will shape and influence organisations in the future.
This resource by the World Economic Forum, provides Directors examples of oversight questions for the board room to reveal how their organisation is aware, thinking and even preparing for different futures to unfold.
Questions of particular relevance are the strategy section.
https://reports.weforum.org/docs/WEF_Board_Reflection_and_Management_Oversight_Questions.pdf
Pricing in Change: When the rate of change can’t be predicted
When the world’s largest bank by market cap highlights the need to price anticipated changes for current and future investments due the physical environment it’s noteworthy for all.
This publication shows how investors, operators, policy makers and governments can reflect on overseeing their jurisdictions and capital. Particularly relevant for Directors overseeing risk and audit committees, capital allocation, strategic projects and group level strategies.
Select take aways: non-linear change is a great risk, tipping points are hard to predict but too important to ignore and known risks without plans to address is a recipe for exposure.
https://jpmorgan.celero.site/s/ab29c67c/climate-intuition-tipping-points/?page=2