Scenario Planning: A Case Study, Review, and Reflections

Case Study             A prime example of the failure of an industry by reliance only on traditional instead of scenario planning is the US Oil Industry, particularly leading up to the 1973 oil crisis. During the 1960s and early 1970s, the US economy was still in a period of relative growth and stability (Kemp, 2014)….

Forecasting and Scenario Planning

Both traditional forecasting and scenario planning are prediction methods that use analysis techniques on present and past data and trends. Each technique requires consideration of risk and uncertainty in their predictions, and also rely on accurate and up to date information to make viable predictions. These methods are commonly used to estimate variables or conditions…

Think Tank Processes

Group decision making is a participatory process where multiple individuals are brought together to collectively analyze problems, evaluate alternatives, and select one or more solutions from all alternatives. Group decision making is not the only form of collective decision making, as teams, teamwork, and self-managed teams can also be used. However, group decision making is…

Emerging Trends in Higher Education

A key trend that is emerging in higher education is the use of blended learning designs in the educational delivery platform. This short term trend, likely to impact higher education in the next one to two years, is emerging as a direct result of student demand for immediate access to educational information (Johnson, Adams Becker,…