This paper provides overviews of two major concepts and methodologies --Scenario Planning (SP) from Strategic Management and Real Options Analysis (ROA) from Finance. The paper draws on the KUU (Known, Unknown, and Unknowable) framework to demonstrate the commonalities and differences among these two approaches and calls for their synergistic use.

User-involvement and consensus building are thought to be a key process to achieve high satisfaction in planning and implementing social infrastructures and related services and plans. In products and information system development, an iterative Human-centered Design process starting from observing users behavior are applied, but not implemented in the areas above is known to provide effective ...

This paper proposes a way of using scenario planning within joint interdisciplinary research programs, i.e. where industry and academia collaborate on a set of projects, to create a common mental platform which improves the understanding and collaboration within the program, gives management support and in addition results in an appealing description of the research idea from different perspect...

The Strategic and Competitive Information Systems m ini-track showcases promising, current work on the impact of information systems on business strategy and competitive performance. The m ini-track addresses both broad societal impacts of information technology as well as firm-level competitive implications. The papers within the m iuitrack use a variety of research methodologies, including fo...

e-Learning has been frequently heralded as a transforming influence on global education and corporate training. Despite such rhetoric, the adoption, diffusion and exploitation of e-Learning by educational institutions and organizations have been slower than anticipated. In this paper we attempt to examine the future of e-learning by adopting a scenario planning approach, which formed the basis ...

This contribution focuses on e-Government as a comprehensive change programme and develops alternative scenarios with a view towards 2010. Empirical evidence of substantial risks to a successful implementation and operation of e-Government calls for a forward-looking approach and possible ways of correcting a wide-spread neglect of long-term innovation risks. The paper explores the scenario met...

Being able to quickly adapt to changes in the business environment has been widely acknowledged as essential for sustainable success by business leaders. Scenario planning is recognized as an effective tool used to explore ambiguous business environment dynamics over a long time horizon and identifying ways to translate uncertainty into potential future strategies. After the potential scenarios...

Time and uncertainty play crucial roles in the strategic planning process. Organizations are faced with unpredictable changes in new technologies, products and marketplaces but it is noteworthy that they can prepare themselves to face such changes and this readiness results in competitive advantages. This article aims at introducing a method that enables organizations to draw up robust strategi...

The presence of four generations in business and organisations and the prevalence of ever-evolving technology, pose questions for technology design; a much wider range of user-product arrangements needs to be forecast and designed for. To provide a theoretical framework that accommodates the need to forecast product appeal for various age groups and contexts this paper compares and combines the...

We know economic and social policy has implications for ecosystems at large, but the consequences for a given geographic area or specific wildlife population are more difficult to conceptualize and communicate. Species distribution models, which extrapolate species-habitat relationships across ecological scales, are capable of predicting population changes in distribution and abundance in respo...