Foreseeing the future, whatever the name given to the endeavour, includes two major tasks.
The first one is, of course, the analysis, the process according to which the foresight, forecast, warning, or, more broadly, anticipation is obtained.
The second one is less obvious, or rather so evident that it may be overlooked. It is, however, no less vital than analysis. We need to deliver the output of the analytical process to those who need the foresight, the decision-makers or policy-makers. Ideally, the recipients must understand that output, because they will act on it. They need to integrate the new knowledge received in the decisions they will take.*
A huge challenge runs across these tasks: biases.
We must overcome the various natural and constructed biases – systematic mental errors – that limit human understanding. This article will present first the classical way we deal with biases: we consider them – quite rightly – as “enemies” and we devote much effort to mitigate them. Then, considering the specificity of the delivery stage, this article suggests that another strategy is necessary. We need to turn our usual strategy on its head and befriend biases. In that case, scenarios become a tool of choice for an enhanced delivery of our foresight to decision-makers […]
The purpose of this article is to define a framework within which the Race to Quantum can be understood, to present an adequate tool to handle the multiple characteristics of this race, namely dynamic mapping – for mathematicians dynamic graphs – and to uncover parts of the dynamic map thus achieved as example of what is happening and what can be done to understand. The mapping presented here progressively includes the EU and the Netherlands, Germany, the U.S., China, then, moving to private actors, IBM and Vision Fund. read more…
[Fully rewritten version v3] To exist, risk and foresight products as well as warnings must be delivered to those who must act upon them, the customers, clients or users. These anticipation analyses must also be actionable, which means that they need to include the right information necessary to see action taken. Yet, if you deliver […]
This article is the second of a two-parts of a series seeking to identify the impacts of the current and most probably forthcoming terrorist attacks by the Islamic State and other jihadist groups, and focuses on major socio-psychological consequences. It follows a first article, which started outlining a framework for impact assessment out of our current understanding of the economic consequences of terrorism, which notably pointed out the need to use mapping as methodology if the complex and cascading characters of these impacts are to be properly assessed. The larger aim of the series is notably to understand if businesses should or not neglect these aggressions and related geopolitical uncertainties, while finding out ways to foresee these risks so as to best design answers (see Helene Lavoix, “Businesses and Geopolitics: Caught up in the Whirlwinds? (1)”, The Red (Team) Analysis Society, 17 Oct 2016)
To find out which could be the psychological impacts of the ongoing string of terrorist attacks, we
Since the Islamic State declared a Khilafah on 29 June 2014, it carried out, worldwide, 6 attacks or series of attacks in 2014, which killed 2 and wounded 12 people, 23 in 2015, which killed 1020 and wounded more than 2171, 36 in 2016, which killed more than 1455 and wounded more than 3505 and so far 3 in 2017, which killed more than 109 and wounded more than 169 people, assuming all attacks are known and referenced as such (Wikipedia “List of terrorist incidents linked to ISIL“). As a whole, we thus faced 68 attacks, during which more than 2586 people lost their lives and more than 5857 were injured. Prospects for the near future look no less grim as reminded […]
This article identifies lessons we can learn from the impact of the conflict in Ukraine on businesses, as presented in the first part, to continue enhancing our understanding of the way businesses and the corporate world could usefully anticipate or foresee geopolitical and political risks and uncertainties.
From the way to identify which crises and geopolitical uncertainties can be – sometimes unexpectedly – of concern to a company (Lesson 1) to the best timing for starting the anticipation process (Lesson 2), the need to think outside the ideological box (Lesson 3) and multi-dimensionally (Lesson 4) and to understand “national interest” and its evolution (Lesson 5), the impacts of the war in Ukraine bring us a wealth of understanding and points out many necessary if not crucial improvements that may be endeavoured. These will thus be added to the points previously identified in “Lessons from and for the Brexit – Geopolitics, Uncertainties, and Business (2)”, after a general framework was defined in “Businesses and Geopolitics: Caught up in the Whirlwinds?” (1).
On 24 June 2016 morning, the U.K. announced the results of the referendum on the Brexit: 51.9% of the population voted to leave the EU against 48.1% wanting to remain, while the turnout reached 72,2% (BBC Referendum Results). This vote triggered among the media, financial and European political elite a “shock”, consternation, and a host of predictions of impending doom, while markets plunged worldwide (BBC News, “Brexit: What the world’s papers say“, 24 June 2016). It also set off a series of events and dynamics still unfolding nowadays with far-ranging consequences, globally, for the future. We shall use this real life case to further enhance our understanding of the way businesses and the corporate world relate to and especially anticipate or […]
What if, by May 2017, “non-liberal” movements and parties were in power in the U.S. with Donald Trump, France with Marine Le Pen and Austria with Norbert Hofer? The overall geopolitical configuration would most probably greatly change, in areas such as the tensions between “the West” and Russia, the upheavals between the U.S. and Eastern Asia, the European Union’s definition, policies and […]
“Interstellar”, the 2014 global blockbuster movie by Christopher Nolan is a feat of intellectual and strategic thinking. The movie follows the adventures of three astronauts whose mission is to find a viable planet for humankind, while people on Earth are struggling with the rapid decay of the biosphere and the increasingly dangerous effects of climate change. In fact, this movie addresses the political and existential issues of what is to become of humanity once the climate change crisis, the biodiversity crisis and the energy and minerals crises will have been firmly and clearly interlocked for two dozens years from now. This nexus of “socio-bio-vital crises” is very smartly used by Christopher Nolan to elaborate a vehicle for a new kind of […]