3.2) The intuitive logics school of scenario building ("The Shell School") Flashcards

1
Q

Main Schools

A
  1. The Intuitive-Logics School
  2. Michael Porter’s Industry Scenarios
  3. The Probabilistic Modified Trends School
  4. La Prospective
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2
Q

Intuitive-logics - steps and tools

A
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3
Q

Uncertainty

A
  • Risks
    • enough historical precedent in the form of similar events, to enable us to estimate probabilities for various possible outcomes
  • Structural uncertainties
    • possibility of an event which is unique enough not to provide us with an indication of likelihood
    • possibility of events presents itself by means of cause/effect chain of reasoning
    • no evidence of judging the likelihood
  • Unkowables
    • we cannot imagine the event
    • they have been in the past and they will come again but we have no clue what they are
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4
Q

Iceberg

A

from events to deep causes

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5
Q

Structural uncertainties

A

Key uncertainties

Criteria: Importance/Impact - Uncertainty - Independence

  • critical driver for understanding the future dynamics of the focal issue
  • basis for the development of scenarios
  • define the dynamics that must be monitored
  • crucial to find answers towards them
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6
Q

Criterias for scenario matrix

A
  1. Expressiveness - can you identify (contrasted and clear) ‘high concepts’?
  2. Relevance (to the focal issue) - does the matrix ‘illuminate’ the key issue?
  3. Plausibility - do plausible stories appear?
  4. Independence - are the key uncertainties sufficiently independent?
  5. Divergency - do divergent stories appear (different from each other)?
  6. Challenging - does it pose different and relevant challenges to strategic decision-making?+

when similar uncertainties can be grouped

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7
Q

Scenarios high concepts

A
  • for each scenario choose a small set of deep causes that together create the most compelling starting point for a scenario
  • inside each quadrant, describe how these “deep causes” relate to one another (interaction effects between them)
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