Overview of an interactive, online facility for investment scenario modeling. Links stock market companies to global business intelligence. Engages professional associations and universities in providing services to their members in a revenue-earning model
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1. Providing Risk Management via Strategic Foresight facilities
to the professions. Wilson Fyffe President The Futurist Institute
Singapore 20 March 2012 Direct to the Future
2. The 5 must knows 1. Most organizations perform future studies
before making strategic investment choices 2. Future studies
require intelligence on most likely future events, combined into
scenarios 3. With current technology, this intelligence can be
online, interactive, instantaneous, reducing dramatically the time
invested in making go/no-go decisions 4. Strategic investment
choices involve members of most Professional Associations &
Universities 5. Professional Associations & Universities can
earn revenues from introducing their members to Risk Management via
Strategic Foresight. 3. Future Studies Based on Horizon Scanning to
discover those future events which must be considered in developing
a mental model of the future Employs the proven techniques of
Failure Mode Effects & Analysis (FMEA) to filter and rank large
numbers of future events 4. Scenarios A scenario is comprised of:
The top 10 future events based on weighted impact score on the
business case under consideration Consequential relationships
between future events Controllability by management of each future
event A graphic depiction of risk based on impact and
controllability A single value for the scenario risk factor, which
changes as the assumptions change A simple English language
narrative summarizing the scenario, which can be automatically
translated into local language 5. The Scenario User Screen looks
like this Weighted Impact Score Consequential relationships
Controllability Narrative 6. After round-table discussion, the
management team has decided that the outlook for climate change is
improving and will have a positive impact on the business case.
This choice is reflected immediately in the model. 7. Next Steps
Visit the Futurist Institute website at: www.amplios.net Evaluate
the procedures for: Free membership E-Learning for the Certificate
of Understanding in Strategic Foresight Certification via online
quiz Payment, via Paypal, for certification (USD 100.00) Contact us
regarding a partnership to provide introduction of your members and
revenue sharing. Contact details: Wilson Fyffe,
[email protected]
