Business plan

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TurbulenceNovember2018.pptx

Turbulence

Turbulence

Main issues?

Changeability

Complexity? How simple or complex?

Degree of novelty? Experienced previously? Very different from past?

Predictability

Rate of change? Fast or slow?

Visibility? Forecastable or unpredictable? Can you see it coming over the horizon?

Key Questions:

Is the external environment too unpredictable to make useful forecasts?

Measure the degree of turbulence

Low Medium High

Changeability Level

How much is technology changing in your industry?

How many new competitors are coming in?

Low Medium High

Predictability Level

Are the technology changes predictable in your industry?

Is the competition in your industry predicatable?

Low Medium High

The next slide shows an example of how these charts can be done .

(Of course, this one was done for Porter’s Five Forces . But it can be adapted for your purpose.)

Turbulence level