• An overview of the scenario concept • Discuss its growing relevance for the energy sector and • Indicate how scenarios may assist with
When developing a strategy or making investment decisions, there will be many uncertainties that need assessment. These can range from cost and timing issues to broader questions at the macro level, for example political, regulatory or social developments.
A way to get to grips with the latter category is by using ‘scenario analysis’, sometimes called ‘scenario thinking’ or ‘scenario planning’. A scenario in this context is an alternative future: a coherent narrative of a set of developments, trends and events that could unfold within some defined business environment.
In this webinar Henk will cover:
Henk completed a career of 35 years with Shell. His work in Shell took him to Indonesia, Thailand, the United States and the Netherlands. During his last five years in Shell’s Corporate Strategy and Planning department he played a pivotal role in establishing new approaches for risk and scenario analysis within the company. Henk worked in the Business Environment Department, well known for the Shell Scenarios (http://www.shell.com/energy-and-innovation/the-energyfuture/scenarios.html). He was responsible for project evaluation assumptions that was applied across the Shell Group of companies, and as well for the methodologies for the analysis supporting investment decision making. He successfully developed new approaches for project and portfolio risk analysis, implemented company wide, and the application of the Shell scenarios for strategic decision making. He currently serves as Treasurer of the (American) Society of Decision Professionals.