Title :
A New Way to Plan for the Future
Author :
Strong, Ray ; Ryan, Joseph ; McDavid, Doug ; Leung, Ying ; Ruoyi Zhou ; Strauss, Eric ; Bosma, John ; Sabbadini, Tony ; Jarvis, David ; Sachs, Sonia ; Bishop, Peter ; Clark, Cody
Abstract :
Building on state-of-the-art techniques for forecasting future developments in technology, business, economics, and other areas of human endeavor, we describe a novel methodology for adaptive contingency planning at the strategic initiative level. Complementing normal business planning that uses a schedule based on predictions tied to dates in the future, we use a new kind of early warning signal called a signpost to trigger the execution of corresponding new recommended actions
Keywords :
strategic planning; technological forecasting; adaptive contingency planning; business planning; future development forecasting; signpost forecasting method; state-of-the-art technique; strategic initiative level; Data analysis; Economic forecasting; Extrapolation; Humans; Meeting planning; Microeconomics; Strategic planning; Technology forecasting; Technology planning; Uncertainty;
Conference_Titel :
System Sciences, 2007. HICSS 2007. 40th Annual Hawaii International Conference on
Conference_Location :
Waikoloa, HI
Electronic_ISBN :
1530-1605
DOI :
10.1109/HICSS.2007.25