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
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
3
Q
Forecast vs. Scenario thinking
A
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Forecast
- 1 future based assumption
- linear projection
- uncertainty is implicit
-
Scenarios
- multiple future that challenge assumptiond
- multiple development
- uncertainty is explicit
4
Q
Forecasting vs. scenario planning (time focus)
A
Foresight can and should use forecasts but must not be mistaken for Forecasting
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
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
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
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)
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
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’
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
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
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