IDEAS home Printed from https://ideas.repec.org/a/wly/fufsci/v5y2023i3-4ne167.html
   My bibliography  Save this article

A review of strategic planning for dynamic supply chains: Preparing for uncertainty using scenarios

Author

Listed:
  • Megan M. Crawford
  • Eoin Plant‐O'Toole

Abstract

This is a book review of Strategic Planning for Dynamic Supply Chains: Preparing for Uncertainty Using Scenarios by Shardul S. Phadnis, Yossi Sheffi, and Chris Caplice (Cham, Switzerland, 226 p, 2022). The book covers three case studies, presented as vignettes, which illustrate three unique applications of a seven‐step approach to scenario planning, modeled after the Intuitive Logics School. The book is aimed at executives and business leaders, as well as academics, and scenario planning practitioners. This review discusses the unique aspects the scenario team brings to the strategic space, the strengths of their pragmatic process, and key elements in practice that are often left out of the larger academic scholarship.

Suggested Citation

  • Megan M. Crawford & Eoin Plant‐O'Toole, 2023. "A review of strategic planning for dynamic supply chains: Preparing for uncertainty using scenarios," Futures & Foresight Science, John Wiley & Sons, vol. 5(3-4), September.
    • Handle: RePEc:wly:fufsci:v:5:y:2023:i:3-4:n:e167
    DOI: 10.1002/ffo2.167
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/ffo2.167
    Download Restriction: no
    File URL: https://libkey.io/10.1002/ffo2.167?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
    ---><---

    References listed on IDEAS

    as
    1. Ram, Camelia & Montibeller, Gilberto, 2013. "Exploring the impact of evaluating strategic options in a scenario-based multi-criteria framework," Technological Forecasting and Social Change, Elsevier, vol. 80(4), pages 657-672.
    2. Wright, George & Cairns, George & Goodwin, Paul, 2009. "Teaching scenario planning: Lessons from practice in academe and business," European Journal of Operational Research, Elsevier, vol. 194(1), pages 323-335, April.
    3. Derbyshire, James & Wright, George, 2017. "Augmenting the intuitive logics scenario planning method for a more comprehensive analysis of causation," International Journal of Forecasting, Elsevier, vol. 33(1), pages 254-266.
    4. Gary Bowman & R. Bradley MacKay, 2020. "Scenario planning as strategic activity: A practice‐orientated approach," Futures & Foresight Science, John Wiley & Sons, vol. 2(3-4), September.
    5. Shardul Sharad Phadnis & Inga‐Lena Darkow, 2021. "Scenario planning as a strategy process to foster supply chain adaptability: theoretical framework and longitudinal case," Futures & Foresight Science, John Wiley & Sons, vol. 3(2), June.
    6. Franco, L. Alberto & Meadows, Maureen & Armstrong, Steven J., 2013. "Exploring individual differences in scenario planning workshops: A cognitive style framework," Technological Forecasting and Social Change, Elsevier, vol. 80(4), pages 723-734.
    7. Robert M. Grant, 2003. "Strategic planning in a turbulent environment: evidence from the oil majors," Strategic Management Journal, Wiley Blackwell, vol. 24(6), pages 491-517, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gary Bowman & R. Bradley MacKay, 2020. "Scenario planning as strategic activity: A practice‐orientated approach," Futures & Foresight Science, John Wiley & Sons, vol. 2(3-4), September.
    2. John J. Oliver, 2023. "Scenario planning: Reflecting on cases of actionable knowledge," Futures & Foresight Science, John Wiley & Sons, vol. 5(3-4), September.
    3. Favato, Giampiero & Vecchiato, Riccardo, 2017. "Embedding real options in scenario planning: A new methodological approach," Technological Forecasting and Social Change, Elsevier, vol. 124(C), pages 135-149.
    4. Wright, George & Cairns, George & O'Brien, Frances A. & Goodwin, Paul, 2019. "Scenario analysis to support decision making in addressing wicked problems: Pitfalls and potential," European Journal of Operational Research, Elsevier, vol. 278(1), pages 3-19.
    5. Bowman, Gary & Parks, Ryan W., 2024. "Between episodes of strategy: Sociomateriality, sensemaking, and dysfunction in a scenario planning process," Journal of Business Research, Elsevier, vol. 179(C).
    6. Ramboarison-Lalao, Lovanirina & Gannouni, Kais, 2019. "Liberated firm, a leverage of well-being and technological change? A prospective study based on the scenario method," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 129-139.
    7. James Derbyshire, 2019. "Use of scenario planning as a theory‐driven evaluation tool," Futures & Foresight Science, John Wiley & Sons, vol. 1(1), March.
    8. Tobias Witt & Matthias Klumpp, 2021. "Multi-Period Multi-Criteria Decision Making under Uncertainty: A Renewable Energy Transition Case from Germany," Sustainability, MDPI, vol. 13(11), pages 1-20, June.
    9. Burt, George & Nair, Anup Karath, 2020. "Rigidities of imagination in scenario planning: Strategic foresight through ‘Unlearning’," Technological Forecasting and Social Change, Elsevier, vol. 153(C).
    10. Ram, Camelia, 2020. "Scenario presentation and scenario generation in multi-criteria assessments: An exploratory study," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    11. Bourmistrov, Anatoli & Åmo, Bjørn Willy, 2022. "Creativity, proactivity, and foresight," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    12. Martin Kunc, 2024. "Integrating system dynamics and scenarios: A framework based on personal experience," Futures & Foresight Science, John Wiley & Sons, vol. 6(1), March.
    13. Phillips, Paul & Moutinho, Luiz, 2014. "Critical review of strategic planning research in hospitality and tourism," Annals of Tourism Research, Elsevier, vol. 48(C), pages 96-120.
    14. Hutzschenreuter, Thomas & Horstkotte, Julian, 2013. "Performance effects of international expansion processes: The moderating role of top management team experiences," International Business Review, Elsevier, vol. 22(1), pages 259-277.
    15. Su Han, 2024. "Bridging Passion and Performance: The Mediating Role of Improvisation Behavior in New Startup Ventures," International Journal of Science and Business, IJSAB International, vol. 38(1), pages 76-98.
    16. Haarhaus, Tim & Liening, Andreas, 2020. "Building dynamic capabilities to cope with environmental uncertainty: The role of strategic foresight," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    17. Maria Luisa Giancaspro & Antonino Callea & Amelia Manuti, 2022. "“I Like It like That”: A Study on the Relationship between Psychological Capital, Work Engagement and Extra-Role Behavior," Sustainability, MDPI, vol. 14(4), pages 1-17, February.
    18. Duckett, Dominic George & McKee, Annie J. & Sutherland, Lee-Ann & Kyle, Carol & Boden, Lisa A. & Auty, Harriet & Bessell, Paul R. & McKendrick, Iain J., 2017. "Scenario planning as communicative action: Lessons from participatory exercises conducted for the Scottish livestock industry," Technological Forecasting and Social Change, Elsevier, vol. 114(C), pages 138-151.
    19. Riccardo Vecchiato & Giampiero Favato & Francesco di Maddaloni & Hang Do, 2020. "Foresight, cognition, and long‐term performance: Insights from the automotive industry and opportunities for future research," Futures & Foresight Science, John Wiley & Sons, vol. 2(1), March.
    20. Mbalyohere, Charles & Lawton, Thomas & Boojihawon, Roshan & Viney, Howard, 2017. "Corporate political activity and location-based advantage: MNE responses to institutional transformation in Uganda’s electricity industry," Journal of World Business, Elsevier, vol. 52(6), pages 743-759.

    More about this item

    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:wly:fufsci:v:5:y:2023:i:3-4:n:e167. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1002/(ISSN)2573-5152 .

    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.