IDEAS home Printed from https://ideas.repec.org/a/inm/orinte/v16y1986i6p64-72.html
   My bibliography  Save this article

Scenarios for Strategic Business Planning: A Case History for Aerospace and Defense Companies

Author

Listed:
  • Stephen M. Millett

    (Battelle Columbus Division, 505 King Avenue, Columbus, Ohio 43201-2693)

  • Fred Randles

    (Defense Systems Division, Goodyear Aerospace Corporation, 1210 Massillon Road, Akron, Ohio 44315)

Abstract

Scenarios provide a tool for forecasting long-range, complex, and highly uncertain business environments. They offer logically consistent sets of conditions, trend analysis, and simulated models for strategic business planning. Scenarios are applicable to the planning needs of aerospace and defense companies, whose principal customer is the US Department of Defense. The case history reviews the experience of Battelle and the Goodyear Aerospace Corporation in forecasting by use of scenarios the international environment and US defense expenditures to 1995 and deriving strategic business plans from them.

Suggested Citation

  • Stephen M. Millett & Fred Randles, 1986. "Scenarios for Strategic Business Planning: A Case History for Aerospace and Defense Companies," Interfaces, INFORMS, vol. 16(6), pages 64-72, December.
    • Handle: RePEc:inm:orinte:v:16:y:1986:i:6:p:64-72
    DOI: 10.1287/inte.16.6.64
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/inte.16.6.64
    Download Restriction: no
    File URL: https://libkey.io/10.1287/inte.16.6.64?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sapio, Bartolomeo, 1995. "SEARCH (Scenario evaluation and analysis through repeated cross impact handling): a new method for scenario analysis with an application to the Videotel service in Italy," International Journal of Forecasting, Elsevier, vol. 11(1), pages 113-131, March.
    2. Lee, Hakyeon & Geum, Youngjung, 2017. "Development of the scenario-based technology roadmap considering layer heterogeneity: An approach using CIA and AHP," Technological Forecasting and Social Change, Elsevier, vol. 117(C), pages 12-24.

    More about this item

    Keywords

    government: defense; forecasting;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:orinte:v:16:y:1986:i:6:p:64-72. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.