How do you make strategic decisions when the future is uncertain? The MBA elective Strategic Foresight for Decision Making helps you build a practical Strategic Execution Framework that links foresight, strategic choices, execution, and learning.

Rather than relying on static plans, you will learn how to make robust decisions today while preserving flexibility for tomorrow. Using scenario planning, real options logic, strategy maps, scorecards/OKRs (showing objectives and key results), and strategic experimentation, you will learn how to stress-test strategic choices, translate them into measurable priorities, and adapt as new information emerges.

The course is hands-on and centred on your own organisational challenge.

What you will learn

You will learn how to:

• identify critical uncertainties and develop plausible scenarios
• distinguish between strategic commitments to make now and options to keep open
• translate strategic choices into clear goals, ownership, and metrics
• design experiments that test key assumptions and support adaptation

How the course adds value to your organisation

By working on your own organisational challenge, you will develop a framework that helps your organisation:

• make better strategic decisions under uncertainty
• balance commitment with flexibility
• connect strategic priorities to strategy execution
• learn systematically from feedback and adjust when needed

Your profile

The course is relevant for managers in private companies, including SMEs, and public organisations who want to strengthen strategic decision-making in uncertain environments.

Content and structure

The course is organised around four connected steps:

• Foresight: identify critical uncertainties and develop scenarios
• Options: define strategic actions and use real options logic to balance commitment and flexibility
• Execution: translate choices into strategy maps, scorecards, and/or OKRs
• Adaptation: design experiments that test assumptions and support learning

The result is a Strategic Execution Framework tailored to your own organisation.

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