Part 3 - How can leaders prepare for a positive future?
Practical steps for leaders to navigate uncertainty
Use scenario planning to turn uncertainty from an inhibitor of progress to a catalyst for growth.
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In Part 3 of What’s over the horizon? Recognising opportunity in uncertainty, we set out some practical steps for leaders to follow to ensure their business can navigate uncertainty. Rising uncertainty means that change can arrive faster, and its consequences can be more unexpected: that means the value of thinking about plausible futures has risen by a lot. But we’re in the same old rut - most organisations haven’t really changed the depth, frequency or methods of how they think about what may come next. The future may be uncertain, but it isn’t entirely unknown. The better the information you can bring to bear, the smarter your strategy can be. Scenario planning is one way to get better information.
Register to download the report to get some detailed guidance on using scenario planning to build a competitive edge for your business. Create the confidence to take decisions and plan for the future – whatever it may bring.
What’s over the horizon? Recognising opportunity in uncertainty
Register to download the report
Explore the other two parts of What’s over the horizon? Recognising opportunity in uncertainty, the sixth instalment of our Building the Lucky Country Series:
Part 1: Has uncertainty caused us to pause global investment looks at how uncertainty, complexity and the related caution they bring, have been affecting the global and Australian economy.
Part 2: Three scenarios for Australia takes a close look at three plausible futures for Australia.