MULTIPLE SCENARIO DEVELOPMENT - ITS CONCEPTUAL AND BEHAVIORAL FOUNDATION
成果类型:
Article
署名作者:
SCHOEMAKER, PJH
刊物名称:
STRATEGIC MANAGEMENT JOURNAL
ISSN/ISSBN:
0143-2095
DOI:
10.1002/smj.4250140304
发表日期:
1993
页码:
193-213
关键词:
SCENARIO METHOD
PLANNING UNDER UNCERTAINTY
ROYAL DUTCH SHELL
Cognitive biases
PROBABILITY CALIBRATION
CONSENSUS BUILDING
摘要:
This paper examines the multiple scenario approach as an important corporate innovation in strategic planning. Using a participant/observer perspective, I examine how scenario planning tries to meet certain methodological, organizational and psychological challenges facing today's senior managers. Three prime characteristics are identified as setting the scenario approach apart from more traditional planning tools: (1) the script or narrative approach, (2) uncertainty across rather than within models, and (3) the decomposition of a complex future into discrete states. After exploring the intellectual roots of scenario planning, I examine such organizational aspects as the need for diversity of views and the importance of simplicity and manageability. Both benefits and obstacles to using scenarios in organizations are identified. Cognitive biases are examined as well, especially the well-known biases of overconfidence and the conjunction fallacy. Two experiments test the impact of scenarios on people's subjective confidence ranges. Another two experiments test the internal coherence of subjects' beliefs. The psychological benefit of scenario planning appears to lie in the exploitation of one set of biases (e.g., conjunction fallacies) to counteract another (such as overconfidence).