Final answer:
The strategy that uses a method for imagining potential futures in decision making is called scenario planning. It involves the use of heuristics and deductive reasoning to forecast likely outcomes and make informed decisions.
Step-by-step explanation:
The strategy to improve decision making that uses a disciplined method for imagining possible futures is known as scenario planning. This strategy involves using current knowledge to project the likely consequences of ongoing changes and develop scenarios to consider various future options. This allows individuals and organizations to make informed decisions by evaluating different potential outcomes and selecting the most advantageous path forward. Scenario planning can be particularly useful in settings where future events are uncertain and stakes are high, such as in business strategy, political analysis, and environmental planning.
When referring to logical thinking that uses observations to arrive at a general conclusion, we are talking about deductive reasoning. In contrast, the term heuristics refers to mental shortcuts or rules of thumb that assist in problem-solving, but are not necessarily the most accurate or logical approaches. People use heuristics to solve complex problems, make decisions using cognitive skills, and rely on rules of thumb to guide them in decision-making processes.