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Henry: Understanding Strategic Management

Chapter 02

Two books that deal with the use of scenario planning in the macro-environment and the competitive environment are:

Porter, M.E. (1985). Competitive Advantage, Chapter 13. Free Press, New York.

Van Der Heijden, K. (1996). Scenarios: The Art of Strategic Conversation. Wiley, New York.

For a discussion of how to undertake scenario planning and its benefits, see:

Schoemaker, P.J.H. (1995). Scenario planning: a tool for strategic thinking. Sloan Management Review, 36(2), 25–40.

For an interesting read on the effects of weak signals, see:

Gladwell, M. (2000). The Tipping Point: How Little Things Can Make a Big Difference. Little, Brown, Boston, MA.