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Future
   Scenario Planning
     Dr. Nita Rollins
     Futurist, Resource Interactive
Wednesday, May 4, 2011
Brussels

                         Futuring & Thought Leadership




Wednesday, May 4, 2011
Wednesday, May 4, 2011
CHALLENGE:
    TO ENVISION FOUR
    FUTURE (2016)
    SCENARIOS OF OHIO’S
    ECONOMIC GROWTH
    AS AN
    INNOVATION HUB
Wednesday, May 4, 2011
Wednesday, May 4, 2011
WHAT WAS THE
                          MOST IMPACTFUL
                           INNOVATION,
                         ARGUABLY, OF THE
                         LAST FORTY YEARS?
Wednesday, May 4, 2011
Key Innovations Since 1970
                            INTERNET 1970-1978
                               CT SCAN 1971
                                 MRI 1974
                             ENDORPHINS 1975
                         PERSONAL COMPUTER 1976
                             ONCOGENES 1976
                             RNA SPLICING 1977
Wednesday, May 4, 2011
ARCHAEA 1977
                          GLOBAL WARMING 1970-1980
                          ASTEROID EXTINCTION 1980
                             DNA FORENSICS 1984
                         UNIVERSE ACCELERATING 1988
                          WORLD WIDE WEB 1989-1992
                           GAMMA RAY BURSTS 1997
Wednesday, May 4, 2011
HOW ABOUT
                         FINANCIAL ENGINEERING
                             INNOVATIONS?



Wednesday, May 4, 2011
COLLATERALIZED DEBT
            OBLIGATIONS 1987

                         CREDIT DEFAULT
                           SWAPS 1995
Wednesday, May 4, 2011
HOUSING MARKET GROWTH




      CONTINUED
                                       $        FINANCIAL
     REGULATION--                             DEREGULATION--
    CONCENTRATED                               DISTRIBUTED
         RISK                                      RISK


                         HOUSING MARKET STAGNATION

Wednesday, May 4, 2011
Wednesday, May 4, 2011
SCENARIO PLANNING BRIEF TIMELINE

                         1950-60s Herman Kahn, Rand
                           Text

Unconsumption            Corp analyst influenced by
                         Hollywood storytelling
                         1971 Pierre Wack, Dutch Royal/
                         Shell Head of Planning, France,
                         developed oil supply shock
                         scenario
                         1980s civic &
                                 SXSW policy orgs,
                                 From:

                         business, military, government
                                 Dr. Nita Rollins, Futurist
                                 Resource Interactive’s RI:Lab

                         use technique for causality
Wednesday, May 4, 2011
FUTURE SCENARIO PLANNING
               USING A MATRIX
       1.Plot two axes representing forces/drivers that are
         both highly uncertain and highly impactful
       2.Create four scenarios both provocative and
         plausible
       3.Tell a story about each incorporating both the
         outcomes of these “critical uncertainties” and a
         few relevant “predetermined elements”, e.g.,
         aging US/Japan/Western European populations
Wednesday, May 4, 2011
“ANALTYIC ABSTRACT THINKING IS IDEAL FOR REPORTING
            THE REGULAR, THE EXPECTED, THE NORMAL, THE
                            ORDINARY...

           BY CONTRAST, NARRATIVE THINKING...IS IDEALLY SUITED
           TO DISCUSSING DISRUPTIONS FROM THE ORDINARY, THE
            UNEXPECTED, THE CONFLICTS, THE DEVIATIONS, THE
                        SURPRISES, THE UNUSUAL.

        SCENARIOS SEARCH FOR AN “AHA EFFECT” THAT OCCURS
        WHEN MANAGERS SEE A NEW THREAT OR POSSIBILITY, OR
        A NEW STRATEGY--AN INSIGHT THAT CAN BE LOST AMID A
                    THOUSAND SPREADSHEETS.”
                         ADAM GORDON, FUTURE SAVVY: IDENTIFYING TRENDS TO MAKE BETTER
                           DECISIONS, MANAGE UNCERTAINTY, AND PROFIT FROM CHANGE
Wednesday, May 4, 2011
TWO AXES OF
                         UNCERTAINTY



    SOCIAL
    TECHNOLOGICAL
    ECONOMIC
    ENVIRONMENTAL
    POLITICAL




Wednesday, May 4, 2011
GROWTH
                         TRANSFORMATION
                         CONSTRAINT
                         COLLAPSE
   Jim Dator’s Alternative Future Archetypes
Wednesday, May 4, 2011
GROWTH     TRANSFORMATION




                         COLLAPSE     CONSTRAINT
Wednesday, May 4, 2011
GROWTH      TRANSFORMATION




                             Archetypes for the
                         Global Recession of 2008-09




                           CONSTRAINT      COLLAPSE
Wednesday, May 4, 2011
PICK ONE MORE AXIS OF
                              UNCERTAINTY:



                                        GROWTH      TRANSFORMATION


                                      BRAIN GAIN BRAIN DRAIN


                                       CONSTRAINT      COLLAPSE



Wednesday, May 4, 2011
AXES IDEAS:

           1. THE COLLAPSE OF
           PRODUCER-CONTROLLED
           CONSUMER MARKETS
           (WATTS WACKER/JIM TAYLOR)

           2. INFO-WARS BETWEEN THE
           FAST AND SLOW
           (ALVIN TOFFLER)

           3. CHINAMERICA & THE
           CONNECTED GLOBAL MARKET
           (NITA ROLLINS)


Wednesday, May 4, 2011
THE GOAL OF A GOOD
                          FORECAST IS NOT THE
                           CLASSIC QUESTION,
                            “IS IT CORRECT?”
                               BUT RATHER,
                             “IS IT USEFUL IN
                         PRODUCING SUCCESS?”
Wednesday, May 4, 2011
Thanks and good luck!

                                    s




  Dr. Nita Rollins
  Futurist, Resource Interactive
Wednesday, May 4, 2011

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Future Scenario Planning

  • 1. Future Scenario Planning Dr. Nita Rollins Futurist, Resource Interactive Wednesday, May 4, 2011
  • 2. Brussels Futuring & Thought Leadership Wednesday, May 4, 2011
  • 4. CHALLENGE: TO ENVISION FOUR FUTURE (2016) SCENARIOS OF OHIO’S ECONOMIC GROWTH AS AN INNOVATION HUB Wednesday, May 4, 2011
  • 6. WHAT WAS THE MOST IMPACTFUL INNOVATION, ARGUABLY, OF THE LAST FORTY YEARS? Wednesday, May 4, 2011
  • 7. Key Innovations Since 1970 INTERNET 1970-1978 CT SCAN 1971 MRI 1974 ENDORPHINS 1975 PERSONAL COMPUTER 1976 ONCOGENES 1976 RNA SPLICING 1977 Wednesday, May 4, 2011
  • 8. ARCHAEA 1977 GLOBAL WARMING 1970-1980 ASTEROID EXTINCTION 1980 DNA FORENSICS 1984 UNIVERSE ACCELERATING 1988 WORLD WIDE WEB 1989-1992 GAMMA RAY BURSTS 1997 Wednesday, May 4, 2011
  • 9. HOW ABOUT FINANCIAL ENGINEERING INNOVATIONS? Wednesday, May 4, 2011
  • 10. COLLATERALIZED DEBT OBLIGATIONS 1987 CREDIT DEFAULT SWAPS 1995 Wednesday, May 4, 2011
  • 11. HOUSING MARKET GROWTH CONTINUED $ FINANCIAL REGULATION-- DEREGULATION-- CONCENTRATED DISTRIBUTED RISK RISK HOUSING MARKET STAGNATION Wednesday, May 4, 2011
  • 13. SCENARIO PLANNING BRIEF TIMELINE 1950-60s Herman Kahn, Rand Text Unconsumption Corp analyst influenced by Hollywood storytelling 1971 Pierre Wack, Dutch Royal/ Shell Head of Planning, France, developed oil supply shock scenario 1980s civic & SXSW policy orgs, From: business, military, government Dr. Nita Rollins, Futurist Resource Interactive’s RI:Lab use technique for causality Wednesday, May 4, 2011
  • 14. FUTURE SCENARIO PLANNING USING A MATRIX 1.Plot two axes representing forces/drivers that are both highly uncertain and highly impactful 2.Create four scenarios both provocative and plausible 3.Tell a story about each incorporating both the outcomes of these “critical uncertainties” and a few relevant “predetermined elements”, e.g., aging US/Japan/Western European populations Wednesday, May 4, 2011
  • 15. “ANALTYIC ABSTRACT THINKING IS IDEAL FOR REPORTING THE REGULAR, THE EXPECTED, THE NORMAL, THE ORDINARY... BY CONTRAST, NARRATIVE THINKING...IS IDEALLY SUITED TO DISCUSSING DISRUPTIONS FROM THE ORDINARY, THE UNEXPECTED, THE CONFLICTS, THE DEVIATIONS, THE SURPRISES, THE UNUSUAL. SCENARIOS SEARCH FOR AN “AHA EFFECT” THAT OCCURS WHEN MANAGERS SEE A NEW THREAT OR POSSIBILITY, OR A NEW STRATEGY--AN INSIGHT THAT CAN BE LOST AMID A THOUSAND SPREADSHEETS.” ADAM GORDON, FUTURE SAVVY: IDENTIFYING TRENDS TO MAKE BETTER DECISIONS, MANAGE UNCERTAINTY, AND PROFIT FROM CHANGE Wednesday, May 4, 2011
  • 16. TWO AXES OF UNCERTAINTY SOCIAL TECHNOLOGICAL ECONOMIC ENVIRONMENTAL POLITICAL Wednesday, May 4, 2011
  • 17. GROWTH TRANSFORMATION CONSTRAINT COLLAPSE Jim Dator’s Alternative Future Archetypes Wednesday, May 4, 2011
  • 18. GROWTH TRANSFORMATION COLLAPSE CONSTRAINT Wednesday, May 4, 2011
  • 19. GROWTH TRANSFORMATION Archetypes for the Global Recession of 2008-09 CONSTRAINT COLLAPSE Wednesday, May 4, 2011
  • 20. PICK ONE MORE AXIS OF UNCERTAINTY: GROWTH TRANSFORMATION BRAIN GAIN BRAIN DRAIN CONSTRAINT COLLAPSE Wednesday, May 4, 2011
  • 21. AXES IDEAS: 1. THE COLLAPSE OF PRODUCER-CONTROLLED CONSUMER MARKETS (WATTS WACKER/JIM TAYLOR) 2. INFO-WARS BETWEEN THE FAST AND SLOW (ALVIN TOFFLER) 3. CHINAMERICA & THE CONNECTED GLOBAL MARKET (NITA ROLLINS) Wednesday, May 4, 2011
  • 22. THE GOAL OF A GOOD FORECAST IS NOT THE CLASSIC QUESTION, “IS IT CORRECT?” BUT RATHER, “IS IT USEFUL IN PRODUCING SUCCESS?” Wednesday, May 4, 2011
  • 23. Thanks and good luck! s Dr. Nita Rollins Futurist, Resource Interactive Wednesday, May 4, 2011