How to manage future uncertainty | The Oxford Review

How to manage future uncertainty

Research Briefing

Keywords: Strategy formation, corporate strategy, organisational strategy, business planning, uncertainty, volatility, complexity, ambiguity, scenario planning

Many organisations are now having to function in a volatile, uncertain, complex and ambiguous environment, where fast-paced change, particularly in terms of exponential growth the disruptive capabilities of computer and digital-based technologies is becoming the norm.

This dynamic and constantly shifting environment causes immense problems for the development of medium to long-term strategic direction for organisations. It seems that no sooner has a strategy been developed than some form of disruptive technology or business model comes along and renders the existing strategy obsolete. This has led some to believe that the only way forward is to form short-term strategies with constant revision.

 

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Disclaimer: This is a research review, expert interpretation and briefing. As such it contains other studies, expert comment and practitioner advice. It is not a copy of the original study – which is referenced. The original study should be consulted and referenced in all cases. This research briefing is for informational and educational purposes only. We do not accept any liability for the use to which this review and briefing is put or for it or the research accuracy, reliability or validity. This briefing as an original work in its own right and is copyright © Oxford Review Enterprises Ltd 2016-2019. Any use made of this briefing is entirely at your own risk.

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