MBSC STRATEGIC REFRAMING: THROUGH SCENARIO PLANNING
Prepare Your Organization For the Future

STARTS DateSTARTS ON: September, Sunday 3rd - Tuesday 5 th, 2023

DURATIONDURATION: 3 Full Days

COURSE FEESLocation: Riyadh

COURSE FEESCOURSE FEES:11,900 SAR
Tax Not Included

Organizations are increasingly facing changing business environments marked by turbulence, uncertainty, novelty, and ambiguity. In contrast to a traditional strategy which plans how to shape the future, strategic thinking and reframing through scenario planning identifies new opportunities in the face of disruptive contextual changes and helps to prepare organizations for multiple, possible futures.

During this three - day program , you will strengthen your capabilities to inspire others , lead to sustainable long - term performance , and execute ideas and plans .

This program will follow the rigorous methodological and practical steps outlined in the Oxford Scenario Planning Approach. Representatives of organizations will question long-held assumptions, correct decision-making biases,review existing strategies, and reach out to multiple stakeholders through a relatively new strategic tool-scenario planning, also sometimes called futures of foresight thinking.

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We look at case examples of how very few organizations had predicted the externally triggered changes brought about by, for instance, the oil crises in the 1970s, the fall of the Soviet Union in the late 1990s, 9-11 in the early 2000s, the global recession in 2007-8, and currently, the Coronavirus pandemic or even later, the complete and rapid takeover of Afghanistan by the Taliban.

Through interactive team-based exercises, participants will develop colorful images and moving stories of possible futures that could transpire due to unexpected but plausible events.

Such black swan events are rare but have far-reaching consequences for organizations. An anticipation of future threats and opportunities can factor into decisions one can take today to improve organizational resilience. At the core of this approach is critical dialogue and debate among various stakeholders to creatively imagine multiple futures and generate strategic options for decision-makers. The possibilities generated in SP can feed into the blue ocean, specifically the Eliminate-Reduce-Raise-Create (ERRC) Grid.

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Participant Profile

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Who Should Attend? Why?

Industry Examples

  • Public
  • Private
  • Service
  • Banking
  • Logistics
  • Insurance
  • Production
  • Government
  • Transportation
  • Parcipant Profile




    1- Leaders and/or executives who are:
    Experiencing significant changes in their markets and/or facing profit margins that are under pressure

    2- Examples of related positions:
    Mid to Senior Level Managers who are involved in strategic decisions

    IMPACT & KEY BENEFITS

    Our focus is the same as you:
    Your growth and an immediate and long-lasting return on investment.
    At MBSC’s Strategic Reframing: Through Scenario Planning Program, you can expect the following:

     


    Complete the Program In 3-days

    Complete an intensive, practical, hands-on interactive program in 3 days only


    Earn a Prestigious &
    a Digital Certification

    Receive a Certificate in Business Specialty on MBSC Strategic Reframing Through Scenario Planning Program from Prince Mohammed bin Salman College of Business and Entrepreneurship

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    Note: After successful completion of the online program. Your verified digital certificate will be emailed to you in the name you used when registering for the program.

    All certificate images are for illustrative purposes only and may be subject to change at the discretion of MBSC Executive Education.


    Learn From Renowned Faculty Members

    Learn from accomplished Professors who are a cut above the rest in their field, are based in Saudi Arabia and come from diverse international backgrounds


    Be a Member of MBSC Executive Education Network

    Enjoy the immense learning and networking benefits by becoming a part of the MBSC’s network of professionals

    KEY TAKEAWAYS

    Participants will learn:
    1. Strategic thinking and reframing
    2. Imagining multiple futures
    3. Managing uncertainty
    4. Embedding scenarios in organizational strategy
    After attending the program, participants will be able to:
    • Learn new needed strategic tools in the face of changing business environments marked by turbulence, uncertainty, novelty, and ambiguity;
    • Learn strategic thinking and reframing through scenario planning that identifies new opportunities in the face of disruptive contextual changes;
    • Contemplate, create, and evaluate options for your organizations to pursue today for multiple, possible futures.
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    Your Learning Journey

    The program curriculum is built around 12 comprehensive session in 3 days.

    Learning Journey

    For more information about the program syllabus
    Download Brochure

    THE IN-PERSON
    LEARNING EXPERIENCE

    Participants will take advantage of


    Distinctive Pedagogy
    • A program curricula that include simulations,case discussions, negotiations, interactive lectures & coaching led by our world-class faculty.
    • Get a closer look inside many of the world's top companies cases.
    • MBSC case studies are customized to tackle multifaceted issues and applying those lessons to your own business.
    • Case studies are localized to compliment the transformational journey towards Vision2030

    Group Experience & Discussions
    • Get involved in the transformational experience in our classrooms infused with a synergistic environment with participants from different experiences, backgrounds, and viewpoints.
    • The world-class business leaders who attend the programs will sognificantly enhance the time you spent in discussion
    • Exchnage knowledge with other and improve your effectiveness.
    • Experience the distinctive MBSC culture that is collaborative, creative, and focused on supporting individuals and organizations to succeed.

    Network With Professionals
    • Bonding with members and world-class faculty in the program will enrich and create a long-lasting knowledge experience after the program.
    • Post the program, you'll continue the conversation with the faculty and your fellow leaders on different social media platforms after the program, including the MBSC Executive Education LinkedIn page.

    Meet the Faculty

    Dr. Yasser Bhatti, Ph.D.

    Program Director, Associate Professor of Strategy and Innovation.

    Function and Specialization

    • Strategy, Innovation and Entrepreneurship
    • Scenario Planning, Futures, Foresight Thinking
    • Frugal Innovation
    • Reverse Innovation
    • Problem-solving
    • Healthcare Sector

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    Background

    Dr. Yasser Bhatti is a scholar of Strategy, Innovation and Entrepreneurship with a focus on the study of emerging models of innovation and strategies which promote inclusive and sustainable growth. He merges an understanding of innovation concepts, mainly frugal, social and reverse innovations with strategy concepts, mainly cost leadership, business models, and scenario planning. He draws on institutional theory and resource-based view to understand the role that organizations play in the market and in society. For impact of scholarly work, he also works at the intersection of management and health, relying on mixed methods research.

    He contributes to and speaks regularly at international forums on innovation. For instance, he provided expert feedback to Pakistan’s new Social Protection Ministry (called Ehsaas); he was invited for knowledge sharing by the Danish Ministry of Science and Technology; offered expert advice to the UK's Innovation think tank NESTA; and served on the scientific advisory board of the European Commission Project on Frugal Innovation. He was also invited to Google Headquarters in New York City to present to Chief Innovation Officers of healthcare organisations on how to scale frugal innovations. His book ‘Frugal Innovation: Models, Means, Methods’, published by Cambridge University Press, was nominated for best book award at the Academy of Management annual meeting 2020. The book sheds light on how entrepreneurs and firms can pursue competitive strategies by innovating for humanity to improve lives for everyone, everywhere.

    Yasser completed his PhD in Innovation and MSc in Entrepreneurship from University of Oxford's Said Business School. His MSc thesis at Oxford received best dissertation prize. He also has an MSc degree in Computer Science and PG certificate in Management of Technology both from Georgia-Tech with distinction and BSc in Mechanical Engineering with special distinction from the University of Oklahoma. Following five years of practice in the manufacturing industry (Met-Pro Corporation and IBM) and in the multilateral development sector at the United Nations, he pursued a renewed passion for teaching and research in academia to bridge the gap between the academic community and business world. He worked at the University of Oxford's Saïd Business School, Imperial College London, and Queen Mary University of London. At QMUL he served as Director of the MSc in Entrepreneurship and Innovation and Director of Admissions and Recruitment.

    He grew up in Jeddah in the 1980s to early 1990s, moved to the United States for his Bachelor’s and Master’s degrees in the late 1990s, and then to the United Kingdom for his PhD degree in the late 2000s. Going full circle, he is delighted to return to Saudi Arabia after almost three decades and looks forward to making a positive contribution to MBSC and the Kingdom’s Vision 2030.

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