Webcast description

In a world of constant change, it would be risky for any organization to assume that the things that have worked for them in the past will continue to be appropriate in the future. At the same time, current uncertainty means that applying strategic decisions — those that will play out over the long term — is increasingly difficult to do. What’s more, skepticism about the value of making decisions for the long term is reinforced by the fact that many of the known models to facilitate such decisions were also designed for a world of stability and not for a dynamic world of uncertainty, radical change, and "Black Swans." Despite these reservations, managements and executives cannot put off planning forever.

Here’s the fundamental challenges all businesses must confront: How can we transform our decisions into long-term planning when we do not know what is going to happen tomorrow and what our competitive environment will look like three to five years down the road?

In this webcast, Mark will provide key insights and techniques that can help you prepare and plan for the future. You will also gain exposure to new and updated models for strategic planning that will help integrate your decision-making into your overall business strategy in this increasingly challenging environment. Concepts, techniques, and examples which can help you be a more effective strategic planner will be presented and illustrated in a variety of different contexts, and you will have an opportunity to discuss your own thoughts and interact with the presenter.

• feel more comfortable taking decisions in a context of high levels of risk and uncertainty
• take better long-term decisions in a world of high uncertainty
• understand how to apply scenario planning tools
• challenge our current ways of thinking about our business

Presentation outline  

• Diamond-E
• Strategic Assumptions
• Using Scenarios
• Tools for Risk Analysis




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Mark Hollingworth is the president of 5i Strategic Affairs and is an expert in strategic leadership. He has worked as a management consultant, workshop leader and facilitator, educator, and ontological coach to the profit and not-for-profit sectors in Montreal, Canada, for more than 25 years.

Mark’s mission is to help “people, companies, and society to prepare for the future.” He acts as a process leader, guide, trusted supporter, and devil’s advocate to ensure that individuals and organizations take the best decisions possible — and that those decisions result in concrete action and change.

In the past five years, he has worked with companies such as Cogeco, Hydro-Quebec, Imperial Tobacco, Kruger Inc, Metso Minerals, RioTintoAlcan, RSM Richter Chamberland and Standard Life, and has worked abroad with individuals and organizations in Abu Dhabi, Bhutan, Costa Rica, Ghana, Guatemala, Nigeria, Spain, the United States, Vietnam, etc.

Mark is a workshop leader in the International Executive Institute at the Desautels Faculty of Management at McGill University. He is the author of the book Growing People, Growing Companies: Achieving Individual and Organizational Success in the Knowledge Economy (2003) and, since then, has also had several articles published in the Ivey Business Journal (these being available for free download at iveybusinessjournal.com).