Preview

Flash Foresight

Good Essays
Open Document
Open Document
3678 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Flash Foresight
Flash Foresight Assignment
Chapter One: Start With Certainty – Use Hard Trends to see what’s coming. It’s so easy to focus on what we can’t do; what we can’t resolve, where we don’t see eye-to-eye, what we don’t know. With this focus, coming to any kind of common understanding is just about impossible.
Where should we focus? We should focus because it allows us to see what we agree upon and what we can and do desire.
What is Cyclic Change? Cyclic change is change that does not cycle back on itself. Basically what goes up must come down. (I.e. Birth and death)
What is Linear Change? Linear change is acyclic and progressive. It does not cycle back on itself but it does progress forward in one direction. (I.e. what goes up does not necessarily come down, aging)
What is a Hard Trend? A hard trend is a protection based on measurable, tangible, and fully predictable facts, events, or objects that will happen (a future fact).
What is a Soft Trend? A soft trend is a projection based on statistics that have the appearance of being tangible with fully predictable facts but in actuality is something that might happen (a future maybe).

Chapter Two: Anticipate – Base Your Strategies on What You Know About the Future. In the future there will be two kinds of people: those who do not anticipate change and those who do anticipate change. Those who do not will experience massive chaos and dislocation. Those who do anticipate change will find unprecedented opportunities.
What is meant by Change from the Inside out? It’s the kind of change that allows you to direct your future and seize your destiny by having personal and organizational growth.
Identify the Eight Pathways of Technological Advancement and what does each mean?
Dematerialization- As technology improves we are reducing the amount of material it takes to build the tools we use, subtracting atoms from them even as we improve their capacity and performance. Whatever is made can be dematerialized

You May Also Find These Documents Helpful

  • Better Essays

    Trends come and go. It is a fact that people’s wants and desires change on almost a daily basis. In the realm of consumer patterns it may be a little more difficult to follow the changing trends simply because the economy changes just a rapidly as a person’s mind does. Just how much society buys and how frequent will depend on multiple factors that not only have an impact on each one by itself, but the factors also impact each other. By following these patterns economists can predict consumers demands and allow the markets to accommodate as such.…

    • 1141 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Hint: Business cycles fluctuate over time around the linear trend of gross domestic product (GDP).…

    • 1024 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Change happens in a business environment for a variety of reasons. Those reasons depend on both internal and external factors.…

    • 1583 Words
    • 7 Pages
    Better Essays
  • Better Essays

    Today I am here to talk to you about change, and a few different texts that have challenged my thinking and broadened my understanding of change.…

    • 1144 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Business & Admin Level 2

    • 1578 Words
    • 7 Pages

    Change happens in a business environment for several reasons. These changes can be of internal or external purposes. For example an internal change could be a launch of a new product or service. Another example of an external change would be a new law the government has implemented, this could be a new type of business grant that could help keep the business afloat.…

    • 1578 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Tipping Point

    • 1585 Words
    • 4 Pages

    In his book, “The Tipping Point,” Malcolm Gladwell puts forth a compelling theory that illustrates the way trends and epidemics share three common characteristics: The Law of The Few, The Stickiness Factor, and The Power of Context.…

    • 1585 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    • Get the big picture and be alert to where unexpected events may come from.…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Heat and Energy Transfer

    • 401 Words
    • 2 Pages

    Rate of Change- the ratio of the difference in values of a variable during a time period to the length of that time period…

    • 401 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    There is wide array of problems that occur within the business world. This world is run by uncertainty. Whether it is in the economy, the stock market, or how new government regulations will affect upcoming businesses, nothing about business is concrete. Uncertainly keeps business goals at a short-term prospective. The solution is to be able to establish a long-term focus while completing short-term goals.…

    • 340 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Internet Field Trip

    • 1731 Words
    • 7 Pages

    Trend extrapolation - These methods examine trends and cycles in historical data, and then use mathematical techniques to extrapolate to the future. The assumption of all these techniques is that the forces responsible for creating the past, will continue to operate in the future. This is often a valid assumption when forecasting short term horizons, but it falls short when creating medium and long term forecasts. The further out we attempt to forecast, the less certain we become of the forecast. The stability of the environment is the key factor in determining whether trend extrapolation is an appropriate forecasting model. The concept of "developmental inertia" embodies the idea that some items are more easily changed than others. Clothing styles is an example of an area that contains little inertia. It is difficult to produce reliable mathematical forecasts for clothing. Energy consumption, on the other hand, contains substantial inertia and mathematical techniques work well. The developmental inertia of new industries or new technology cannot be…

    • 1731 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    The change from the Paleolithic age to Neolithic age spawned a major improvement in how the people of the time acquired their food. This brought about many other differences such as the technology that was used and the communities they lived in. The shelter of people from the Paleolithic age to the Neolithic age changed dramatically as well. These changes and shifts from the Old Stone Age to the New Stone Age is often referred to as the Neolithic Revolution.…

    • 592 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The title of the first article “Managing Change: Winning Hearts and Minds” again reminded me of my church lesson and the journey metaphor. As an exercise, we were asked to first place our hands on our forehead, while saying “I can’t get there from here,” then placing our hands over our heart, and say “I can only get there from here.” The focus on the inner dynamic was new and strange, and it correlates with the author Jayme Alexander’s belief that the reason organizational change is not successful is because of a lack of…

    • 1229 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Mang Inasal

    • 1094 Words
    • 5 Pages

    A: Conventional wisdom prescribes that to do a good job at managing the future do so via the success of the past. But experience tells us that navigating the future with this mindset has proven to be a recipe much more for disaster than for success. For a more enlightened answer, we need a more enlightening framework. Because we?re talking about the future, we need a better foresighting basis for diagnosing what can sustain Mang Inasal?s success under Jollibee.…

    • 1094 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    * What action plans are needed to overcome the challenges that will arise? How they will prevent it?…

    • 1684 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Foresight

    • 371 Words
    • 2 Pages

    Nowadays doing business and operating successfully gets more difficult and demanding. The global economy and working environment increase in complexity so that adequate decision making for future actions gets more important but simultaneously more challenging as well. Firms attempt to predict the future company situation and general trends in order to respond to coming changes timely. The overall goal is to stay competitive and prosperous both in the short and in the long run (see Ullrich, 2009, p. vii).…

    • 371 Words
    • 2 Pages
    Satisfactory Essays

Related Topics