Seems a Bit Phishy

  When attempting to plan for the future, there are a few methods that can be used to make these plans. Organizations planning for future events in paramount to be able to successfully grow and expand (McKenzie & Sansone, 2019) . In this discussion post, we will compare two different methods of planning. The first method is scenario planning and the second is traditional planning. Scenario Planning             The first method of future prediction is scenario planning. Scenario planning is a method of prediction that provides a flexible long-term plan (Chermack et al., 2001) . The planning often includes a mix of qualitative and quantitative perspectives to make predictions (Chermack et al., 2001) . The organization will observe both what is motivating the organization such as the economy or evolving technologies. Then the organization will identify uncertainties with these motivations and begin to identify uncertaintie...

 When considering how technologies have been conceived. One may think of a think tank full of great minds that are constantly thinking of new ideas that will change the world (Zhao & Zhu, 2023). However, not all of the great discoveries that have been made were intentional. Some of the more prolific discoveries were made completely by accident. These happy accidents have produced life-saving medicines, soft drinks, and game-changing transportation. Without these happy accidents, it may have taken much longer to make the discoveries naturally. In this individual project, two of these happy accidents will be discussed. The accidental discoveries to be discussed are the smallpox vaccination in 1796 and the discovery of warfarin in 1920s. The discussion of each discovery will also include the forces that supported each discovery. Smallpox Vaccination Accidental Discovery             The discovery of the smallpox was made by...

  The purpose of group decision making is to form a consensus on how to move forward on a topic (Hsieh et al., 2020) . There are several methods that can be used by groups to make a decision. For this discussion post, we are tasked with defining two different group decision-making methods. Once defined, the two selected methods will be compared and contrasted. Method 1: Brainstorming             Brainstorming is one of the more well known method of decision making (Bang & Frith, 2017) . This method is typically conducted with a group of people bouncing ideas off of each other to produce a potential solution to a problem. This method allows for free-flowing discussions and the whole group are able to share their input towards a solution. Method 2: Weighted Scoring             Weighted Scoring is a method of group-decision making where there are multiple possible ...

 

  There are moments in history where traditional forecasting methods have failed (Ademmer & Boysen-Hogrefe, 2022) . While it is not possible to completely what will occur in the future. Organizations can attempt to predict what may occur based on historical precedent and accumulated data (Klimberg et al., 2010) . While some errors do not have severe impacts, there are times in history where forecasting errors can have consequences. In this individual project, one of these forecasting errors will be discussed. Following the summary will be a discussion on how scenario-planning supports futuring and innovation. The forces that support scenario-planning will be identified as well. The project will conclude with the student considering how they will use scenario-planning for future innovation efforts. Forecast Failure: The Great Recession One of the more recent forecast errors that resulted in far reaching consequences was the economic crisis of 2007 – 2009 (Gadea Rivas &...