How to confront uncertainty in your strategy | McKinsey
WEB23 Mar 2018 · Even proper planning for different eventualities is often missing from the discussion. Instead, we typically prepare for one version of the future, often without understanding how likely that version is to become reality. Strategy requires confronting uncertainty head-on by embracing the notion of probability.
Strategy under uncertainty | McKinsey
WEB1 Jun 2000 · Four levels of uncertainty. Available strategically relevant information tends to fall into two categories. First, it is often possible to identify clear trends, such as market demographics, that can help define potential demand …
Managing Project Uncertainty - Planning for the Unknown - Mind Tools
WEBIn these situations, you can manage uncertainty instead of trying to manage risk. In this article, we'll outline four common types of uncertainty that you can face as a project manager, and we'll explore strategies that you can use to deal with them.
Uncertainty and Planning: Cities, Technologies and Public …
WEB2 Apr 2022 · It focuses mainly on decisions involving urban contexts (e.g., planning decisions regarding land use and building transformations) in which there is uncertainty associated with the urban behavior of public decision-makers and citizens.
Uncertainty in Planning: Characterisation, Evaluation, and Feedback …
WEBAbstract. Uncertainty is a double-edged sword for the planner. Without it, society's need for strategic planning would be much reduced, but its existence is often at the root of much of the criticism which public perceptions of the planning profession induce.
A Strategy for Embracing Uncertainty | Bain & Company
WEB20 Jul 2021 · A strategy for uncertainty. A scenario-based strategic planning process proactively prepares for a range of futures by: defining which uncertainties the company faces and cutting through the noise by separating them into those that matter and those that don’t (see Figure 1);
Confronting Anxiety and Uncertainty in Planning: New Insights …
WEB27 Sep 2023 · Confronting Anxiety and Uncertainty in Planning: New Insights for Advancing Justice. Laura Tate. , Margo Hill. , Nadia Carvalho. , Ward Lyles. & Stacey Swearingen White. Published online: 27 Sep 2023. Cite this article. https://doi.org/10.1080/14649357.2023.2256178. In this article. Full Article. Figures & …
Understanding and Managing the Unknown: The Nature of Uncertainty …
WEBPlanning involves understanding and managing uncertainty—focusing on what is unknown as well as what is known. Uncertainty arises from the environment or planning context— environmental uncertainty —but also from …
How to manage in uncertainty - McKinsey & Company
WEBMarch 19, 2022 In normal times, organizations face numerous uncertainties of varying consequence; during periods of extreme uncertainty, however, the normal way of working becomes overstrained. Leaders must be equipped with the tools to plan, adapt, and respond to unprecedented crises.
(PDF) Planning as Managing Uncertainty - ResearchGate
WEB1 Nov 2000 · [Show full abstract] uncertainty-but also from the planning process itself-process uncertainty. This article builds oil research and practice to identify dimensions of uncertainty in planning.
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