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Tara Rethore is a C-suite advisor and the CEO of Strategy for Real, a strategy development and consulting company that helps organizations drive growth and profitability through a clear strategy and structured framework. She is the author of Charting the Course: CEO Tools to Align Strategy and Operations, which discusses scenario thinking and other tools she’s gathered throughout her 20+ years in the industry to help business leaders make their business strategies a reality.
Tara joins us today to describe how business leaders can use scenario thinking in the context of preparing for the future. This helps with strategic thinking in a way that extends beyond financial modeling and contingency planning. She provides examples of how scenario thinking can be applied in an organization. She shares how leaders can help their team members more vividly see the company’s future and how it fits into the vision. Tara also shares how fostering a wide range of stakeholder conversations contributes to creating more expansive strategic scenarios .
Scenario thinking creates a habit that allows you to reach beyond what you already know.
— Tara Rethore
This week on Growth Igniters Radio:
- How Tara came to write her book, Charting The Course
- Defining scenario thinking in the context of business and why it can be valuable
- Using a range of scenarios to make sense of a future we can’t see yet
- Examples of companies that practice scenario thinking
- The importance of cultivating a wide range of conversations to expand your strategic mindset
- Practical ideas on how to apply scenario thinking in your organization
Question to discuss with your team:
- What new conversations do we need to have at the C-suite and board level to increase the linkage between our strategy and where our operations are taking us?
Resources Mentioned:
- Learn more about Pam’s keynote address at Pam Harper Speaks
Connect with Tara Rethore:
- Strategy for Real
- Book: Charting the Course: CEO Tools to Align Strategy and Operations
- Tara Rethore on LinkedIn
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