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Knowledge Content LibraryDelivery of the Contingency Planning ScreenDavid Matheson, SmartOrg, Inc. and Wayne Fisher, Rockdale Innovation Abstract: There is a moment where something has changed, perhaps an innovation breakthrough or a competitive move or the stakes go up in or P&L visibility. This is the moment of an Inflection Decision: do you commit significant resources to an updated course of action as a result of the change? These decisions are frequently disastrous from a Decision Quality point of view and a great source of frustration for the participants. The Innovation Interest Group (iigy) has been working this issue using our Design Thinking Process, and has created and test an approach that helps reduce frustration and produce better decisions: The Contingency Planning Screen. In this webinar, iigy representatives will explain the approach, how to use it and invite you to incorporate it into your practice. Says one Executive participant in the tests, "What this approach creates is faster decision making, letting us react in months to something that might have taken a year or more to decide. In my business, that speed is the difference between winning or losing in a market segment.” Click on the file below to hear a sample of the presentation.
Click here for access to the full video. SDP membership is required for access to this webinar. Keywords: Framing Tools & Methods framtool, Decision Quality decqual, Strategy Development stratdev, Risk and Uncertainty riskunc, Scenario Analysis scenanal, Implementation of DA implda, Organizational Capability orgcap, Innovation Breakthrough inbr, Business Strategy busstrat, | ||
