The director of strategic planning from a major U.S. industrial manufacturer read an article by Eric Garland on how to use scenarios to make contingency plans for global-scale uncertainties. He contacted Competitive Futures to help their company deal with a major uncertainty: global climate change. Hurricane Katrina had just showed the world the destructive power of climate events. Their company’s products depended on fossil fuels. They needed more than one corporate strategy in place to deal with a variety of potential outcomes.
Strategic scenarios are not an ubiquitous skill among executives. To make sure that the scenario construction served future decision making, Competitive Futures designed a custom educational program to bring the client’s cross-functional team up to speed on how trend data are collected, analyzed and built into alternative futures.
“We couldn’t have possibly recognized the important challenges we were facing – or what to do about them- without the assistance and scenario planning of Competitive Futures. Mr. Garland’s team was great to work with and the executive training sessions will help us for years to come.” Industrial Equipment CEO