Events
Bitesize Webinar - Adaptive Systems Planning - Part 3 'Applications & Benefits'
Address:
Online
2.00 - 2.20 PM GMT
UK
Date & Time:
06 December 2021
14:00 - 14:20 GMT
Category
Webinar
These 3 mini-Webinar sessions will explore the benefits of Adaptive Systems Planning, an emerging capability which combines Systems Thinking principles and Rapid Scenario Analysis tools to enable new, agile, integrated and dynamic planning capabilities.
There are many routes to delivering the sustainable and resilient outcomes that asset owners wish to create, with many twists and turns along the way. How will we navigate the most optimal path to create those outcomes? Is it even possible to accurately foresee that path or am I going to zig-zag my way there in 5-year chunks? Has the delimited Asset Management Plan, the product of a repeating 5 yearly Price Review process, finally run it’s course?
BMA are leaders in complex systems modelling and scenario analysis. In an increasingly uncertain world, the expectation that even short-term asset plans can be delivered without any course correction is simply unrealistic. Increasing complexity, ambiguity and volatility add to the challenges and constraints planners now face, in what is often now referred to as a VUCA future. Accepting this reality demands new, more dynamic planning capabilities.
Session 3: Clear regulatory guidance is now emerging that utilities should be more adaptive in their planning processes, improve how they manage uncertainty and integrate their tactical asset management plans within longer term strategies, ensuring alignment. This Session will use a relevant case study to demonstrate how an internal Adaptive Systems Planning capability can be used to meet these regulatory expectations and provide better outcomes for Companies and Customers through more effective planning and very importantly, enabling ongoing course correction and assurance through the delivery process.
Stephen Herndlhofer
Stephen is an Associate Director at BMA. He has over 30 years experience in the Nuclear and Water sectors, across a broad range of disciplines including Risk, Data, Analytics and Architecture.
Stephen has a passion for systems thinking and decision science.
He fundamentally believes in the learning organisation and that there is always a better way.
Craig Mauelshagen
Dr Craig Mauelshagen is Associate Director of Research and Solution Design at Business Modelling Associates. He has worked for over ten years in the areas of risk analytics, decision science and systems modelling.
He has a PhD in risk governance from Cranfield University. He has led the design, delivery and implementation of whole system decision support tools for utility clients in the water, waste and energy sectors.
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