Course info

THE COMPLEXITY OF THE FUTURE CAN BE OVERWHELMING AND ADAPTING TO CHANGE IS INEVITABLE. IT IS THEREFORE IMPORTANT FOR ORGANIZATIONS TO PREPARE FOR THE FUTURE IN ORDER TO REMAIN COMPETITIVE IN TODAY’S RAPIDLY CHANGING BUSINESS ENVIRONMENT. COLLABORATIVE FORESIGHT IS CRITICAL TO ACKNOWLEDGE THE POSSIBILITY OF MULTIPLE FUTURES TO ACCELERATE ORGANIZATIONAL DEVELOPMENT. IT ENHANCES ORGANIZATIONAL RESILIENCE BY IMPROVING IDEATION, PROBLEM DEFINITION AND CONSENSUS IN LONG-TERM STRATEGIES. STUDENTS WILL BE EXPOSED TO A WIDER PERSPECTIVE ON TODAY’S DRIVERS OF CHANGE FOR ORGANIZATIONS TO INCREASE THE VARIETY OF PERSPECTIVES IN SCENARIO CREATION AND MAKE APPROPRIATE DECISIONS, IN ORDER TO HARNESS THE POTENTIAL OF NEW POSSIBILITIES OF THE FUTURE.

STUDENTS WILL LEARN VARIOUS STRATEGIC TOOLS AND STATISTICAL TECHNIQUES TO MAKE PREDICTIONS ON VARIOUS SCENARIOS WHICH WILL RESULT IN IMPROVED STRATEGIC OPTIONS. THE STRATEGIC TOOLS SUCH AS ‘TOWS MATRIX’, ‘COMPETITORS ANALYSIS’, ‘BUSINESS PORTFOLIO MATRICES’, ‘SPACE MATRIX’ WILL BE ALIGNED WITH THE STATISTICAL TOOLS SUCH AS ARTIFICIAL INTELLIGENCE, RAPIDMINER AND OTHER RELATED TOOLS WILL BE APPLIED TO PRODUCE SCENARIO PLANNING AND SOLUTION IDEAS. IN THIS CASE, STUDENTS WILL LEARN THE TECHNIQUES AND ANALYTICS TO GENERATE FUTURE SCENARIOS, ASSESS THE IMPACTS OF THOSE FUTURES AND CRAFT SUITABLE STRATEGIES THAT ARE RESILIENT TO DIFFERENT FUTURE OUTCOMES.