Introduction To The Scenario Approach

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Introduction to the Scenario Approach

Author : Marco C. Campi,Simone Garatti
Publisher : SIAM
Page : 121 pages
File Size : 41,8 Mb
Release : 2018-11-15
Category : Mathematics
ISBN : 9781611975437

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Introduction to the Scenario Approach by Marco C. Campi,Simone Garatti Pdf

This book is about making decisions driven by experience. In this context, a scenario is an observation that comes from the environment, and scenario optimization refers to optimizing decisions over a set of available scenarios. Scenario optimization can be applied across a variety of fields, including machine learning, quantitative finance, control, and identification. This concise, practical book provides readers with an easy access point to make the scenario approach understandable to nonexperts, and offers an overview of various decision frameworks in which the method can be used. It contains numerous examples and diverse applications from a broad range of domains, including systems theory, control, biomedical engineering, economics, and finance. Practitioners can find "easy-to-use recipes," while theoreticians will benefit from a rigorous treatment of the theoretical foundations of the method, making it an excellent starting point for scientists interested in doing research in this field. Introduction to the Scenario Approach will appeal to scientists working in optimization, practitioners working in myriad fields involving decision-making, and anyone interested in data-driven decision-making.

Strategic Reframing

Author : Rafael Ramirez,Angela Wilkinson
Publisher : Oxford University Press
Page : 275 pages
File Size : 51,6 Mb
Release : 2016
Category : Business & Economics
ISBN : 9780198745693

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Strategic Reframing by Rafael Ramirez,Angela Wilkinson Pdf

Traditional strategy assumes stability and predictability. Today's world is better characterised by turbulence, uncertainty, novelty and ambiguity - conditions that contribute disruptive changes and trigger the search for new ways of coping. This book aims to become the premier guide on how to do scenario planning to support strategy and public policy. Co-authored by three experts in the field, the book presents The Oxford Scenario Planning Approach (OSPA). The approach is both intellectually rigorous and practical. Methodological choices and theoretical aspects in practice are detailed in reference to the relevant literatures and grounded in 6 case studies the authors have been involved with. The book makes several contributions to the field, centred on how learning with scenario planning is supported by re-framing and re-perception; how this iterative process can be embedded in corporate or government settings, and how it helps those that it supports to do well in today's world. The book is written in an accessible style and will be a useful introductory text as well as a useful guide for the more experienced scenario planning practitioner and scholar.

Advanced Introduction to Scenario Planning

Author : Schoemaker, Paul J.H.
Publisher : Edward Elgar Publishing
Page : 192 pages
File Size : 50,8 Mb
Release : 2022-06-10
Category : Business & Economics
ISBN : 9781800376809

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Advanced Introduction to Scenario Planning by Schoemaker, Paul J.H. Pdf

Providing a panoramic overview of the evolving world of scenario planning, this Advanced Introduction uses topical case studies to analyze the developing methodologies of scenario planning. Written by Paul J.H. Schoemaker, a leading authority on the topic, this book synthesizes rigorous theory and practical experiences including best practises, normative views, and future challenges or opportunities for scenario planning.

Advanced Introduction to Scenario Planning

Author : Paul Schoemaker
Publisher : Elgar Advanced Introductions series
Page : 176 pages
File Size : 49,5 Mb
Release : 2022-06-28
Category : Electronic
ISBN : 1800376812

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Advanced Introduction to Scenario Planning by Paul Schoemaker Pdf

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Providing a panoramic overview of the evolving world of scenario planning, this Advanced Introduction uses topical case studies to analyze the developing methodologies of scenario planning. Written by Paul J.H. Schoemaker, a leading authority on the topic, this book synthesizes rigorous theory and practical experiences including best practises, normative views, and future challenges or opportunities for scenario planning. Key Features: Explains why future uncertainties require more than traditional risk analysis when ambiguous unknowns or Black Swans are involved Illustrates scenario planning through an in-depth case analysis of the biosciences which, in the wake of global pandemics, are gaining in societal import Examines how historical thinking and historiography can enrich scenarios by revisiting future projections made for South Africa post-apartheid Shows why scenario planning fosters critical and creative thinking by overcoming myopic framing, overconfidence and other biases in organizations Examines methodological and statistical techniques in scenario planning, including model building and simulations, and their connections to strategy formulation Interdisciplinary in its approach, this Advanced Introduction will prove invaluable to students and scholars of public policy, business management, and organizational studies. Its tools and practical advice will also be a vital resource to practitioners and policy leaders involved in leading or implementing scenario planning in their organizations.

Data Science and Applications for Modern Power Systems

Author : Le Xie,Yang Weng,Ram Rajagopal
Publisher : Springer Nature
Page : 446 pages
File Size : 48,6 Mb
Release : 2023-06-20
Category : Technology & Engineering
ISBN : 9783031291005

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Data Science and Applications for Modern Power Systems by Le Xie,Yang Weng,Ram Rajagopal Pdf

This book offers a comprehensive collection of research articles that utilize data—in particular large data sets—in modern power systems operation and planning. As the power industry moves towards actively utilizing distributed resources with advanced technologies and incentives, it is becoming increasingly important to benefit from the available heterogeneous data sets for improved decision-making. The authors present a first-of-its-kind comprehensive review of big data opportunities and challenges in the smart grid industry. This book provides succinct and useful theory, practical algorithms, and case studies to improve power grid operations and planning utilizing big data, making it a useful graduate-level reference for students, faculty, and practitioners on the future grid.

Scenario Thinking

Author : G. Wright,G. Cairns
Publisher : Springer
Page : 192 pages
File Size : 45,8 Mb
Release : 2011-05-03
Category : Business & Economics
ISBN : 9780230306899

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Scenario Thinking by G. Wright,G. Cairns Pdf

Presents new methods in scenario thinking, based on a mix of high-level research and top-level consultancy experience. The authors describe the logical bases of a range of scenario methods and provide detailed 'road maps' on how to implement them - together with practical examples of their application.

Scenario Planning

Author : Woody Wade
Publisher : John Wiley & Sons
Page : 212 pages
File Size : 51,8 Mb
Release : 2012-03-27
Category : Business & Economics
ISBN : 9781118170151

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Scenario Planning by Woody Wade Pdf

Is your business ready for the future? Scenario planning is a fascinating, yet still underutilized, business tool that can be of immense value to a company's strategic planning process. It allows companies to visualize the impact that a portfolio of possible futures could have on their competitiveness. It helps decision-makers see opportunities and threats that could emerge beyond their normal planning horizon. Scenario Planning serves as a guide to taking a long-term look at your business, your industry, and the world, posing thoughtful questions about the possible consequences of some current (and possible future) trends. This book will help you: Outline (and help you prepare for) any trends that could play out in the future that could change the political, social, and economic landscapes and significantly impact your business Explore the impact of technological advances and the emergence of new competitors to your business Examine challenges that are only dimly recognizable as potential problems today This visual book will help you answer this question: Is my organization ready for every possibility?

Scenario Thinking

Author : George Cairns,George Wright
Publisher : Springer
Page : 276 pages
File Size : 51,9 Mb
Release : 2017-10-13
Category : Business & Economics
ISBN : 9783319490670

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Scenario Thinking by George Cairns,George Wright Pdf

Develops scenario planning methods in ways that link scenario analysis to improved decision making, engage time-poor senior decision makers, attenuate decision makers’ tendency to deflect responsibility for bleak, negative scenario outcomes, and enhance causal analysis within scenario-storyline development. What if? Two of the most powerful – and frightening – words in business. Almost as bad as “I didn’t see that coming.” Some things that transform the marketplace overnight come from nowhere. Some things that create potentially critical under-performance are genuinely unforeseeable. Sometimes it is impossible to predict how a change in an organizational strategy will play out. Some things and sometimes – but not many and not often. Decision makers in organizations face more-and-more complex and ambiguous problems that need to be addressed under time pressure - and the need for practical decision support has become essential. The range of methods in this book will enable you to be prepared, proactive and resilient no matter what the future brings. Based on up-to-date academic research and years of application and iteration in the real world, this book, illustrated with examples of the value delivered in Europe, Australia and the Middle East, will transfer practical skills in scenario thinking using step-by-step instructions. This thoroughly revised and expanded second edition introduces these new approaches in detail, with clear guidelines and examples to enable the reader to select and implement the most appropriate scenario method to suit the issue at hand – considering the timeframe for its investigation, the resources available and the outcomes expected.

A Practical Introduction to Mental Health Ethics

Author : Grahame Smith
Publisher : Routledge
Page : 242 pages
File Size : 40,6 Mb
Release : 2016-11-22
Category : Medical
ISBN : 9781351743914

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A Practical Introduction to Mental Health Ethics by Grahame Smith Pdf

As a mental health nurse, possessing an ethical sensibility and developing ethical reasoning is vital. This book is a practical introduction to the skills and knowledge the mental health nurse is professionally required to develop in their journey towards effectively managing complex ethical decisions. Written with the training mental health nurse in mind, this book is a clear and concise guide on how to approach common, ethically-complex situations mental health nurses will eventually find themselves faced with. It includes textboxes which take the reader into a ‘real world’ scenario to help them explore the moral and ethical issues discussed throughout the chapter. To ensure professional currency, the content of this book is mapped to the Nursing and Midwifery Council’s pre-registration education standards of 2010, and uses a scenario-based approach in order to provide a pragmatic and robust resource. A Practical Introduction to Mental Health Ethics is essential reading for pre-registration mental health nursing students, while also being of value to registered mental health nurses working in ethically challenged areas such as dementia care, psychiatric intensive care units.

Uncertain Input Data Problems and the Worst Scenario Method

Author : Ivan Hlavacek,Jan Chleboun,Ivo Babuska
Publisher : Elsevier
Page : 484 pages
File Size : 46,5 Mb
Release : 2004-12-09
Category : Science
ISBN : 0080543375

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Uncertain Input Data Problems and the Worst Scenario Method by Ivan Hlavacek,Jan Chleboun,Ivo Babuska Pdf

This book deals with the impact of uncertainty in input data on the outputs of mathematical models. Uncertain inputs as scalars, tensors, functions, or domain boundaries are considered. In practical terms, material parameters or constitutive laws, for instance, are uncertain, and quantities as local temperature, local mechanical stress, or local displacement are monitored. The goal of the worst scenario method is to extremize the quantity over the set of uncertain input data. A general mathematical scheme of the worst scenario method, including approximation by finite element methods, is presented, and then applied to various state problems modeled by differential equations or variational inequalities: nonlinear heat flow, Timoshenko beam vibration and buckling, plate buckling, contact problems in elasticity and thermoelasticity with and without friction, and various models of plastic deformation, to list some of the topics. Dozens of examples, figures, and tables are included. Although the book concentrates on the mathematical aspects of the subject, a substantial part is written in an accessible style and is devoted to various facets of uncertainty in modeling and to the state of the art techniques proposed to deal with uncertain input data. A chapter on sensitivity analysis and on functional and convex analysis is included for the reader's convenience. · Rigorous theory is established for the treatment of uncertainty in modeling · Uncertainty is considered in complex models based on partial differential equations or variational inequalities · Applications to nonlinear and linear problems with uncertain data are presented in detail: quasilinear steady heat flow, buckling of beams and plates, vibration of beams, frictional contact of bodies, several models of plastic deformation, and more · Although emphasis is put on theoretical analysis and approximation techniques, numerical examples are also present · Main ideas and approaches used today to handle uncertainties in modeling are described in an accessible form · Fairly self-contained book

Introduction to Migration Studies

Author : Peter Scholten
Publisher : Springer Nature
Page : 492 pages
File Size : 50,9 Mb
Release : 2022-06-03
Category : Social Science
ISBN : 9783030923778

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Introduction to Migration Studies by Peter Scholten Pdf

This open access textbook provides an introduction to theories, concepts and methodological approaches concerning various facets of migration and migration-related diversities. It starts with an introduction to migration studies and continues with an introductory reading of migration drivers, migration infrastructures, migration flows, and several transversal topics such as gender and migration. It also covers politics, policies and governance as well as specific research methods. As an interactive guide, this book develops an innovative format that brings a connection with various online sources. This means that whereas the chapters bring together literature in a coherent way, they are also connected to IMISCOE's online interactive Migration Research Hub for further reading and for more empirical material on migration and diversity. As such, this textbook provides a very useful introductory reading for undergraduate and graduate students as well as for policymakers, policy advisors, and all those interested in studies on migration and migration-related diversities.

Scenario Planning

Author : M. Lindgren,H. Bandhold
Publisher : Springer
Page : 180 pages
File Size : 46,5 Mb
Release : 2002-12-04
Category : Business & Economics
ISBN : 9780230511620

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Scenario Planning by M. Lindgren,H. Bandhold Pdf

Recent research in the field of business strategy has shown that strategic flexibility can be achieved through a scenario planning perspective for long term competition and performance. The authors have drawn upon examples and cases to develop a new model for scenario planning that is closely integrated with strategy. They argue that the concept of scenario planning is as much an art as a practical management tool.

Integration of Renewables in Power Systems by Multi-Energy System Interaction

Author : Birgitte Bak-Jensen,Jayakrishnan Radhakrishna Pillai
Publisher : MDPI
Page : 358 pages
File Size : 45,8 Mb
Release : 2021-04-12
Category : Technology & Engineering
ISBN : 9783036503424

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Integration of Renewables in Power Systems by Multi-Energy System Interaction by Birgitte Bak-Jensen,Jayakrishnan Radhakrishna Pillai Pdf

This book focuses on the interaction between different energy vectors, that is, between electrical, thermal, gas, and transportation systems, with the purpose of optimizing the planning and operation of future energy systems. More and more renewable energy is integrated into the electrical system, and to optimize its usage and ensure that its full production can be hosted and utilized, the power system has to be controlled in a more flexible manner. In order not to overload the electrical distribution grids, the new large loads have to be controlled using demand response, perchance through a hierarchical control set-up where some controls are dependent on price signals from the spot and balancing markets. In addition, by performing local real-time control and coordination based on local voltage or system frequency measurements, the grid hosting limits are not violated.

Scenario-based Strategic Planning

Author : Burkhard Schwenker,Torsten Wulf
Publisher : Springer Science & Business Media
Page : 219 pages
File Size : 44,5 Mb
Release : 2013-12-05
Category : Business & Economics
ISBN : 9783658028756

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Scenario-based Strategic Planning by Burkhard Schwenker,Torsten Wulf Pdf

In a world characterized by increasing complexity and volatility, managers must be able to flexibly adapt their strategies to changing environmental conditions. Traditional strategic management frameworks often fail in this context. Therefore, we present "scenario-based strategic planning" as a framework for strategic management in an uncertain world. Previous approaches to scenario planning were complex and focused on the long term, but the approach developed by Roland Berger and the Center for Strategy and Scenario Planning at HHL Leipzig Graduate School of Management is different. By designing appropriate tools and integrating scenario planning into strategic planning, we have made our approach less complex and easier for firms to apply. We illustrate the approach with examples from different industries.

Lectures on Stochastic Programming: Modeling and Theory, Third Edition

Author : Alexander Shapiro,Darinka Dentcheva,Andrzej Ruszczyński
Publisher : SIAM
Page : 540 pages
File Size : 51,7 Mb
Release : 2021-08-19
Category : Mathematics
ISBN : 9781611976595

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Lectures on Stochastic Programming: Modeling and Theory, Third Edition by Alexander Shapiro,Darinka Dentcheva,Andrzej Ruszczyński Pdf

An accessible and rigorous presentation of contemporary models and ideas of stochastic programming, this book focuses on optimization problems involving uncertain parameters for which stochastic models are available. Since these problems occur in vast, diverse areas of science and engineering, there is much interest in rigorous ways of formulating, analyzing, and solving them. This substantially revised edition presents a modern theory of stochastic programming, including expanded and detailed coverage of sample complexity, risk measures, and distributionally robust optimization. It adds two new chapters that provide readers with a solid understanding of emerging topics; updates Chapter 6 to now include a detailed discussion of the interchangeability principle for risk measures; and presents new material on formulation and numerical approaches to solving periodical multistage stochastic programs. Lectures on Stochastic Programming: Modeling and Theory, Third Edition is written for researchers and graduate students working on theory and applications of optimization, with the hope that it will encourage them to apply stochastic programming models and undertake further studies of this fascinating and rapidly developing area.