1.1) The concept of foresight. Forecasting vs. foresight. Scenarios as the main foresight tool. Flashcards

1
Q

Foresight definitions

A
  • a systematic, participatory, future-intelligence-gathering and medium-to-long-term vision-building process aimed at present-day decisions and mobilising joint action
  • all efforts to organize anticipation within a society, network or organization
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2
Q

The “Futures Cone”

A
  • future = cone of possibilities that gets broader and mor diffuse
  • future = possibilities associated with the present - we don’t have all information about the possibilities
  • -> uncertainty is the raw material for foresight
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3
Q

Forecast vs. Scenario thinking

A
  • Forecast
    • 1 future based assumption
    • linear projection
    • uncertainty is implicit
  • Scenarios
    • multiple future that challenge assumptiond
    • multiple development
    • uncertainty is explicit
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4
Q

Forecasting vs. scenario planning (time focus)

A

Foresight can and should use forecasts but must not be mistaken for Forecasting

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5
Q

Forecasting vs. Foresight (forecasting)

A

Forecasting

  • focus on certainties - hides uncertainties
  • generates linear projection on a single point
  • favours continuities
  • gives primacy to quantitive over qualitative
  • hides the risks
  • starts from simple to complex
  • usually adopts a partial approach
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6
Q

Forecasting vs. Foresight (foresight)

A

Foresight

  • focus on uncertainties
  • generates several but logical pictures of the future
  • takes disruptions into consideration
  • unites quantitative and qualitative
  • underlines risks
  • starts from complex to simple
  • adopts a global approach
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7
Q

Scenario definitions

A
  • a set of hypothetical events set in the future constructed to clarify a possible chain of casual events as well as their decision points
  • Narratives of alternative environments in which today’s decisions may be played out
  • Scenarios are not predictions, but ways of illuminating possible futures. Scenarios (…) are provisional knowledge
  • Scenarios are tools for ordering one’s perceptions about alternative future environments in which today’s decisions might be played out
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8
Q

Scenarios

A
  • uncertainty as its raw material
  • hypothetical nature
  • narratives; stories
  • descriptions of alternative futures
  • causality; ‘final images vs. pathways’
  • consistency, internal coherence and plausibility
  • Reperceiving the future’; perceptions; facing & changing mental models
  • decisions (making & process)
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9
Q

Visions

A
  • image of desirable futures which inspire people to action
  • can also inculde descriptions of the development towards desirable futures
  • role of visions = leverage change by targeting potential change and/or mobilising resources
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10
Q

Scenarios vs. visions

A

Scenario domain

Factors ‘not-subject to influence’, given factors + Factors ‘subject to influence’

Vision domain

Factors ‘subject to influence’ + ‘Controllable factors’

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11
Q

Strategic focal issue

A
  • the issue or question that will guide your scenario thinking and building process
  • as objective as possible - examples:
    • decision -> ‘digital’ - on/off - go/no-go (e.g, investing or not investing)
    • strategic development/test a possible strategic decision -> shall we get smaller? where should we invest?
    • rethinking the core business -> ‘so far we have been successful, will we continue like this?’
    • exploratory (usually a broader focal issue) -> learning and sharing process and results; the future of maket/strategic context
  • supporting questions
  • creates platform for discoveries and explorations
  • allows to ‘anchor’ the discussions and questions
  • can be specific -> decision and strategic development
  • can be broad -> exploration (challenges), sensemaking, alignment, visioning and multi-stakeholder mobilization
  • make it specific enough for the relevant to emerge, but at the same time it should be broad enough to create a platform for discoveries and exploration
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12
Q

Time horizon

A
  • is negotiable
  • consider the long-term as the sufficient time period for changes in historical relations and trends
  • not too distant in time so one can still think strategically about the future and build scenarios
  • not so close to the present in order to avoid simple and too conservative projection of past and present structures and drivers
  • ideal time horizon = ‘horizon of ruptures’
    • not always identifiable
    • in certain situations there is a succession of micro-ruptures that could lead to a new dynamic
  • can be close -> rigour, detail
  • can be distant -> diffuse, general
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13
Q

Phase 1: Framing and scoping

A
  • Strategic focal issue
  • Time horizon
  • process involves deepening the challenges that the organization faces
  • as well as discussing the assumptions, widespread ideas, or dominant mental models within the organization
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