August 14, 2013

Airline Scenarios: American-US Airways

Patrick Marren
Partner

Normally we are into alternative scenarios. But airlines seem to be stuck in one scenario.

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April 08, 2013

April 8 Scenario Plan-O-Genic Historic Events

Patrick Marren
Partner

Things that happened on April 8 through history that might cause one to say, "Hmmm."

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February 19, 2013

Reasons for Scenario Planning: February 19

Patrick Marren
Partner

Scenario planning is necessary because things happen all the time that have never happened before.

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January 14, 2013

400-Word Scenario #10: Fiscal Ramp to Prosperity

Patrick Marren
Partner

February 14, 2013 [Wolf News/MSDNC]: In a Valentine's Day miracle, Congress and the administration today reached a long-term deal on the debt ceiling, taxes, and fiscal reform.

A group of rogue bipartisan realists from perfectly safe seats - the Washington DC and Guam delegates and the observer team from McMurdo Station, Antarctica, spurred along by a contingent of visiting Marines and Seal Team members glowering down from Senate and House galleries, publicly wondering exactly what they have been risking their lives to preserve - have brokered a deal to end the budget logjam. 

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December 03, 2012

A Scenario Planning Bulletin

Patrick Marren
Partner

Hot Breaking News on the Fiscal Cliff!

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November 16, 2012

Idea-less in Gaza

Patrick Marren
Partner

Now that the happy horserace of the election is over, on to some grimmer scenarios. 

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November 01, 2012

Scenario Planning, Hurricane Sandy, and Relationships

Patrick Marren
Partner

This has been a ridiculously busy and stressful week for three of our recent scenario-based strategic planning clients: the United States Coast Guard, the Port Authority of New York and New Jersey, and the Federal Emergency Management Agency (FEMA).

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October 25, 2012

Nate Silver and Data-Recency Bias

Patrick Marren
Partner

One more thought provoked by Nate Silver's thought-provoking The Signal and the Noise.

It's about the seductiveness of data and cool, overly precise models.

(In comparison, say, to scenario-based planning? Sorry, the scenario consultants in us always rear their ugly, pragmatic, self-promoting heads. We gotta work on that.)

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October 19, 2012

Why Scenario-Based Planning Beats Prediction

Patrick Marren
Partner

Scenario consultants have an advantage over single-point forecasters like Nate Silver: we're not restricted to single point forecasts. 

Don't get us wrong: Nate Silver is as good as it gets when it comes to single-point forecasts, and as honest about their limitations.  But that undeniable fact just further dramatizes how dangerous point forecasting can be.

Just to illustrate, let's take the current ongoing presidential hoo-hah. 

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October 12, 2012

Foxy Hedgehogs: "The Signal and the Noise"

Patrick Marren
Partner

Nate Silver's book The Signal and the Noise makes a darned good case for scenario-based strategic planning. 

In it, he raises the old distinction between "hedgehogs" and "foxes," from a fragment by the ancient Greek philosopher Archilochus via Isaiah Berlin: "The fox knows many little things, but the hedgehog knows one big thing."

"Foxes" in this dichotomy are nonideological and open thinkers not wedded to any one theory; they are comfortable with "nuance, uncertainty, complexity, and dissenting opinion."

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