CS875-1602C-02-Unit3-DB1

Cullen Bass

May 4, 2016

Colorado Technical University

Futuring and Innovation (CS875-1602C-02-Unit3-DB1)

Instructor Imad Al Saeed

From the video Woody, Wade discusses How to think differently about the future. everybody loves thinking about the future.in your corporate you think about the dream-like feature. The manager thinks is a way to make the organization better in the future. Albert Einstein “I never think about the future it will be here soon enough”.. How is the future will be different how will it change? It changes in different speed. Very slow. Ten years ago, no smartphone, no twitter, Facebook. GPS, iTunes. Another way things has change was with attitudes and behaviors. Values have changed from 10 years to today with respect to you versus your kids. Dealing with the range of the future is clear. The range of possibility of possible for the future is just what it is just a range of possibility. Sometimes the range is a possibility is very broad.

Scenario planning is exportation tool that a chance to come up with an approach that is logic. What could the landscapes look like in the future expiration method. What trend will have an impact in the future. What are the driving force that could have an impact on the future , There is four steps model

Political

Economic

Societal

Technological

 Scenario planning is defined in many ways. First scenario planning is a view of what the future may turn out to be not a forecast but one of future outcome. Schwartz (1991) has defined Scenario to be a tool that will order a person perception of a future environment in a person decision that will play out. Rhineland (1998) states that scenario planning is a tool for a strategy is planning that relates to a technology for managing the unknown for the future. From Schoemakter (1995) point of view has another take on Scenario planning whereas he states that the methodology which imaging possibly for futures in which company decision may be played out. It is good to note that from the above writer is was difficult to find a definitive meaning for the real meaning for a scenario planning. The real meaning for Scenario planning if not for prediction or forecast and the scenarios planning is not a concern with getting the future right but to their goal is to challenge the paradigms of thinking with a broadcast of a series of a story which is the attention is directed that would have been overlooked.

  Forecasting is a way of predicting the future from past or present data. What does forecasting does is provide information on the event and with their consequences for the company. With Forecasting, the objective is the base of the premise but it may use statistical techniques.

  Traditional Forecasting is used is a tool that can be quite reliable when in this term when a product the customer can measure performance in comparison to it competitor and can understand it. And if the competitions change it product the forecasting method can fail. what happens is that the methods do not account for the change in the customer requirements. Also, fail to understand the forecasting method when a customer product becomes good enough forth consumers. Which will require them to have value to other variables

• The link for the main blog page

CS8751602C01.blogspot.com

Reference:

Eglois,2014

Retrieved from http://e.globis.jp/article/000363.html

PersonExpertsystem,2013

Retrieved from http://personalexpertsystem.blogspot.com/2013/08/world-association-of-newspapers.html