Scenario-based Analytics for Strategic Decision Support

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Presentation transcript:

Scenario-based Analytics for Strategic Decision Support Management Science Group Department of Information and Service Management Aalto University School of Business

Scenario-based Analytics for Strategic Decision Support Supervisors Eeva Vilkkumaa, Juuso Liesiö First two years’ funding with BIZ doctoral studies funding model 56% work contract with ISM department Half-grant from HSE foundation (1st year) and Liikesivistysrahasto (2nd year) Key research question: How to augment traditional trend extrapolation based decision support methods with scenario-based analytics, which integrates expert judgment and statistical methods to support strategic decision making? Expected contribution Analytical methods with solid theoretical foundations and their implementations in academia-industry collaboration Scenario-based Analytics for Strategic Decision Support Seeve 12.9.2019

Manuscripts and plans ► 1st paper “Visualization-based analytic method to identify a set of scenario for strategic planning” (manuscript phase) Economy Technology European union A. Equally growth A. Digital evolution A. Slow decline B. Polarized growth B. Digital revolution B. Harmonization C. Stagnation C. Digital stagnation C. Internal blocs D. Crises & turbulence D. Decay of the EU Tech. EU A B C D Econ. 1 -2 2 3 -1 Econ. Tech. EU A B C D ► 2nd paper “Scenario-based portfolio models for strategic asset allocation” (early development phase) Regime 1 Regime 2 Regime 3