Creating a strategic fit for possible futures

Union Jack

Creating a strategic fit for possible futures

Show simple item record Østergaard Jensen, Christian Filtenborg Mogensen, Peter 2017-07-12T09:01:46Z 2017-07-12T09:01:46Z 2017-07-12
dc.description.abstract Scenario Planning is a widely recognized and applied tool throughout the international world of business. Since its creation in the 1960’s it has consolidated itself through its distinctive capabilities proving particular valuable for international businesses operating in volatile industries. In a world of constant change it can be a strategic advantage to assess how the business should react on a long-term basis. Alongside the increasing popularity, scholars have awarded it their attention, leading to diverse definitions within the field. The many perspectives brought forward have undoubtedly contributed to the development of the tool, but it has also populated the scene with many different opinions. In this thesis we investigate how the concepts of System Theory and Evolutionary Theory can be used to strengthen the foundation of Scenario Planning in regards to further research and business applicability. As a mode of application we demonstrate our ability to use the tool in practice by creating four scenarios for how the world situation might be in 2030 seen from the Shipping Industries point of view. We use this case to apply the concepts in an effort to make them tangible and give the reader an overview of how the concepts effect the organization. We adopt System Theory and Evolutionary Theory to investigate how organizations can improve the use of Scenario Planning by conducting a pre-assessment of their capabilities in order to get the optimal use of the scenarios. Performing this research establishes the theoretical roots needed, on which further research of the effectiveness of the scenario creation process can be conducted. On the basis of the research design we produce a series of innovative and insightful findings capable of strengthening already existing methodologies within the field. Apart from reflecting on the findings of the theoretical analysis, we create recommendations for Scenario Planning practitioners and business leaders making them capable of improving the perception of what the tool is, how it is dealt with, and how they can succeed in using it. en_US
dc.format.extent 130 s. en_US
dc.language eng en_US
dc.subject.other Kandidatafhandlinger en_US
dc.title Creating a strategic fit for possible futures en_US
dc.type mop en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.corporationshort Department of International Business Communication. IBC en_US
dc.contributor.department MSc in Economics & Business Administration en_US
dc.contributor.departmentshort 22 en_US
dc.description.notes MSc in Economics & Business Administration en_US
dc.publisher.year 2015 en_US Frederiksberg en_US
dc.title.subtitle Investigating the theoretical foundation for Scenario Planning en_US

Files Size Format View
Peter_Filtenbor ... tian_Østergaard_Jensen.pdf 2.183Mb PDF View/Open

The following license files are associated with this item:

This item appears in the following Collection(s)

Show simple item record