Strategists who look to both past and future
Purpose – This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach – This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – Strategic decision-making involves sound scenario-based reasoning. This article acknowledges that intuitive logic (IL) is the most widely used approach to scenario development before considering briefly other approaches. The researchers’ own method with its “prospective hindsight” is the strategy scenario approach. This aims to take and build on the best from existing approaches, complementing rather than replacing entirely. Practical implications – The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.