Information on this page, including unit offerings, is from the 2020 academic year.
Managing Uncertainty Through Scenario Planning (MBS607)
|Description||Responding to organisational environments that evolve continuously requires managers to work with constant change and uncertainty. One avenue of responding to the complexity of such environments is to adopt a scenario planning approach as part of strategy building. The organisational strategy can be better constructed and executed by reflecting on multi-disciplinary input that result in new trends, driving forces and macro events. This unit enables managers to assess externalities, develop, apply and evaluate scenarios to the organisation's strategy.|
|Unit Learning Outcomes||1. Assess global dynamics and drivers that can cause strategic shifts for organisations;
2. Evaluate the interactions and interplay between key drivers over the medium and long-term;
3. Apply scenario building methodologies to build plausible scenarios;
4. Test scenarios for plausibility, consistency and creativity;
5. Evaluate action consequences on the strategic and policy environment of the organisation.
|Timetabled Learning Activities||Collaborate sessions are approximately 3 hours x 2 days over 4four weeks of the intensive learning period.
These sessions are entirely online. Collaborate sessions use the Zoom application, and attendance at the
Collaborate sessions are compulsory.
|Unit Learning Experiences||The unit is delivered using blended learning design features with core unit materials provided in a digital format followed up by small class knowledge application and skills development. This is enhanced by self-directed learning to further develop skills and application of knowledge to practical and current issues.
Students will undertake all activities online.
These activities include participating in interactive learning activities, accessing online reading, watching instructional videos, interacting with fellow students and completing assessments.
|Other Learning Experiences||Throughout the unit, students will be asked to complete a range of tasks
before the Collaborate sessions (e.g. readings, self-assessments, contributions to discussions on Curatr). The
Collaborate sessions include a rangevariety of interactive activities including guided instructions (both in
small groups and whole class), role plays, simulations, case studies, scenario-based tasks, problem-based
tasks, project-based tasks, enquiries-based tasks and presentations.
|Assessment||Assessment 1 - Presentation, ULO 1 & 2, Weighting 20%
Assessment 2 - Essay Plan, ULO 3, 4 & 5, Weighting 30%
Assessment 3 - Report, ULO 1-5, Weighting 40%
Assessment 4 - Engagement, ULO 1-5, Weighting 10%
|Prerequisites||Enrolment in the Executive Master in Leadership, Strategy and Innovation|
|Appears in these Courses/Majors:
see individual structures for context
|Internet Access Requirements||Murdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.|
|No co-ordinators found for this unit.||Unit Contacts|
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