STRATEGY IN ENVIRONMENTS OF HIGH UNCERTAINTY: THE EXAMPLE OF IRAN?S OIL AND GAS INDUSTRY

Author: 
Peer reviewed: 
No, item is not peer reviewed.
Date created: 
2009
Keywords: 
Iran
Oil Industry
Strategy
High Uncertainty
Four Levels of Uncertainty
Scenario models
Scenario Planning
MBA
Abstract: 

This paper is intended as an analysis of strategy implications when operating in an environment of Level Four Uncertainty as defined by Courtney et al (1997) in ?Strategy Under Uncertainty?. Specifically, it examines the Oil and Gas Industry in Iran as an example of such an environment, and the consequences to strategic planning this has for International Oil Companies (IOCs) wishing to enter the Iranian market. The paper will begin with a discussion of the literature on strategic planning under high levels of uncertainty, and the options available to managers. It continues with an overview of the Oil and Gas Industry in Iran in its current state, and the factors which make this a level four uncertainty environment. The paper will conclude with an application of relevant solutions suggested by Courtney et al (1997) for scenario planning for International Oil Companies in Iran.

Description: 

Research Project (M.B.A.) - Simon Fraser University

Language: 
English
Document type: 
Thesis
Senior supervisor: 
Neil R. Abramson
Department: 
Business Administration
Thesis type: 
Research Project (M.B.A.)
Statistics: