Scenario Planning for Balfour Beatty Rail- Looking Ahead to the Unforeseen Future

The aim of this report is to provide Balfour Beatty Rail with long-term scenarios which envision the world, particularly Southeast Asia, in twenty years’ time frame. Southeast Asia is chosen as the geographical scope in line with the group project which produces research about market entry strategy...

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Main Author: Wijaya, Jessica Fidelia
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2012
Online Access:https://eprints.nottingham.ac.uk/25656/
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author Wijaya, Jessica Fidelia
author_facet Wijaya, Jessica Fidelia
author_sort Wijaya, Jessica Fidelia
building Nottingham Research Data Repository
collection Online Access
description The aim of this report is to provide Balfour Beatty Rail with long-term scenarios which envision the world, particularly Southeast Asia, in twenty years’ time frame. Southeast Asia is chosen as the geographical scope in line with the group project which produces research about market entry strategy in Indonesia, Thailand, and Vietnam; all of which located in Southeast Asia region. The use of scenarios is meant to reduce the risks of investing, and to capture new business opportunities in the region. This report begins by providing introduction to scenario planning; its definitions, origins, why it is useful for strategic planning, and its strengths and weaknesses. The following chapters of the report will provide explanation of why scenario planning would be useful for Balfour Beatty Rail, the step-by-step process to do scenario planning; including the description of best and worst case scenarios in Southeast Asian railway industry and recommendations to each scenario in the form of strategic action plans. The report concludes that scenario planning is not about getting the future right, but about making better decisions today and improving the quality of strategic thinking. I have experienced this myself as building scenarios has challenged me to ‘think out of the box’ and unfold new perspectives and insights about where the world is heading.
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institution University of Nottingham Malaysia Campus
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spelling nottingham-256562017-12-22T12:34:20Z https://eprints.nottingham.ac.uk/25656/ Scenario Planning for Balfour Beatty Rail- Looking Ahead to the Unforeseen Future Wijaya, Jessica Fidelia The aim of this report is to provide Balfour Beatty Rail with long-term scenarios which envision the world, particularly Southeast Asia, in twenty years’ time frame. Southeast Asia is chosen as the geographical scope in line with the group project which produces research about market entry strategy in Indonesia, Thailand, and Vietnam; all of which located in Southeast Asia region. The use of scenarios is meant to reduce the risks of investing, and to capture new business opportunities in the region. This report begins by providing introduction to scenario planning; its definitions, origins, why it is useful for strategic planning, and its strengths and weaknesses. The following chapters of the report will provide explanation of why scenario planning would be useful for Balfour Beatty Rail, the step-by-step process to do scenario planning; including the description of best and worst case scenarios in Southeast Asian railway industry and recommendations to each scenario in the form of strategic action plans. The report concludes that scenario planning is not about getting the future right, but about making better decisions today and improving the quality of strategic thinking. I have experienced this myself as building scenarios has challenged me to ‘think out of the box’ and unfold new perspectives and insights about where the world is heading. 2012-09-14 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/25656/1/Jessica_Wijaya_Scenario_Planning_for_BBR.pdf Wijaya, Jessica Fidelia (2012) Scenario Planning for Balfour Beatty Rail- Looking Ahead to the Unforeseen Future. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Wijaya, Jessica Fidelia
Scenario Planning for Balfour Beatty Rail- Looking Ahead to the Unforeseen Future
title Scenario Planning for Balfour Beatty Rail- Looking Ahead to the Unforeseen Future
title_full Scenario Planning for Balfour Beatty Rail- Looking Ahead to the Unforeseen Future
title_fullStr Scenario Planning for Balfour Beatty Rail- Looking Ahead to the Unforeseen Future
title_full_unstemmed Scenario Planning for Balfour Beatty Rail- Looking Ahead to the Unforeseen Future
title_short Scenario Planning for Balfour Beatty Rail- Looking Ahead to the Unforeseen Future
title_sort scenario planning for balfour beatty rail- looking ahead to the unforeseen future
url https://eprints.nottingham.ac.uk/25656/