Search results for: scenarios

Useful Rules for Strategic Foresight and Risk Management from Taleb’s The Black Swan

This second article on The Black Swan: the impact of the highly improbable by Nassim Nicholas Taleb emphasises some of the author’s points that are crucial for foresight and warning. Likewise, they are necessary for any work dealing with the future and its anticipation, from risk management to horizon scanning through early warning.

The methodology of SF&W and risk management allows addressing these points. They should become rules and principles all analysts follow. Indeed, without paying attention to them, good analysis is impossible. The first article on The Black Swan can be accessed here.

Humility

humility, doubt

(Notably pp.190-200) Considering uncertainty, but also our imperfect condition of human beings, the complexity of the social world, feedbacks, our more than insufficient knowledge and understanding, we must ….

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2213 – 2218 EVT – Learning from Water Privatization? (Panglossy)

This post, as many others in the Chronicles of Everstate, can be read both as part of the scenarios on the future of the nation-state, as explained below, or as part of the section on Global Water Security. This shows how all issues are intertwined, and that the multiple existing feedbacks should not be ignored. Previously: In 2012 EVT, Everstate (the ideal-type corresponding to our very real countries created to foresee the future of governance and of the modern nation-state) knows a rising dissatisfaction of its population. Alarmed by the rising difficulties and widespread discontent, the governing authorities decide to do something when new elections start, which begins the second scenario, Panglossy. The new Everstatan government, dependent upon past thinking, decides that a return to economic efficiency …

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2213 – 2218 EVT – Unforeseen Outrage: Privatising the Commons (Panglossy)

Last weeks’ summary: In 2012 EVT, Everstate (the ideal-type corresponding to our very real countries created to foresee the future of governance and of the modern nation-state) knows a rising dissatisfaction of its population. Alarmed by the rising difficulties and widespread discontent, the governing authorities decide to do something when new elections start, which begins the second scenario, Panglossy. The new Everstatan government, dependent upon past thinking, decides that a return to economic efficiency through growth is the key to the crisis. The first years, however, fail to bring back growth; the power of the lenders’ nexus and induced appropriation of public power continue unabated as the regulation of the international financial system does not progress. The initial efforts to fund growth through infrastructure investments show minimal …

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2212 EVT – Scenario 2 – Panglossy: Same Old, Same Old

Last weeks’ summary: In 2012 EVT, Everstate (the ideal-type corresponding to our very real countries created to foresee the future of governance and of the modern nation-state) knows a rising dissatisfaction of its population. Everstate is plagued by a deepening budget deficit and an increasing need for liquidity, with a related creeping appropriation of resources while the strength of central public power weakens to the profit of various elite groups. An outdated world-view that promotes misunderstanding, disconnect and thus inadequate actions presides to its destiny. Henceforth, the political authorities are increasingly unable to deliver the security citizens seek. Risks to the legitimacy of the whole system increases. Alarmed by the rising difficulties and widespread discontent, the governing authorities decide to do something. Of the three potential scenarios or stories that …

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2218 – 2223 EVT – A Polity in Shambles (Mamominarch)

Post updated 10 May 2012. Last weeks’ summary: In 2012 EVT, Everstate (the ideal-type corresponding to our very real countries created to foresee the future of governance and of the modern nation-state) knows a rising dissatisfaction of its population. To face the various difficulties and widespread discontent, in a first scenario, Everstate’s governing bodies implement the Mamominarch programme of drastic reduction of state’s spending over five years through devolution, privatisation and outsourcing. By 2018 EVT, besides a generalised rising insecurity for most Everstatans, the now fragile state cannot efficiently manage the complex catastrophes that start hitting Everstate in May. Further pressures and perceptions of the way they are answered lead to radicalisation and polarisation along three lines: local independence with direct membership to the Regional Union – with now a battle over Trueland …

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2213 – 2218 EVT – Tragic events

Tragic events strike Everstate. We witness tornadoes and drought, war in the Middle East and even a major industrial accident, while a new episode of financial crisis starts. These are instances of the various conditions presiding to Everstate’s destiny, considering what has been done, or not, globally, regionally and within Everstate.

The same set of events should be used to stress test each scenario. The logic of the scenario will however comes first, assuming it impacts the plausibility of the event. In that case, ….

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Energy Security: a Bibliography for Strategic Foresight and Warning

A Bibliography Bibliography on energy security for strategic foresight and warning (not exhaustive) built while working on energy issues, notably as senior scientific adviser for the U.S. Department of Energy, Office of the Deputy Director for Energy/Environmental Security (2008-2010). Energy security and foresight Bray, David A., Sean Costigan, Keith A. Daum, Helene Lavoix, Elizabeth L. Malone, and Chris Pallaris, “Perspective: Cultivating Strategic Foresight for Energy and Environmental Security,” Cambridge Journals, Environmental Practice, volume 11, issue 03, Septembre 2009. Lavoix, Helene, Why Strategic Foresight and Warning? The case of Energy Security, (slides), RSIS, Public lecture, NTU, Singapore, 19th April 2010 Millennium Project, 2020 Global Energy Scenarios, 2008. Shell Scenarios, Looking ahead. Energy Demand Bartis, James T. and Lawrence Van Bibber, Alternative Fuels for …

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Featured Images, Symbols & Foresight Product: the Example of The Chronicles of Everstate

(updated 17 April 2012) When an image is featured and is meant to represent the totality of a foresight or anticipatory product, or a large section of it, it must capture the gist of the product. Symbols and symbolism are then crucial to transmit messages. This importance of symbols should anyway be considered for any use of image (as well as when developing a scenario narrative, for example when choosing names). This will be exemplified here with the Chronicles of Everstate. The image aims at capturing symbolically the features of the contemporary (early 21st century) modern nation-state: It, of course, is an heir to Hobbes Leviathan. However, compared with the original image, the head of the sovereign is not displayed …

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2212 EVT – Scenario 1 – Mamominarch: Off with the State

Last weeks’ summary: In 2012 EVT, Everstate (the ideal-type corresponding to our very real countries created to foresee the future of governance and of the modern nation-state) knows a rising dissatisfaction of its population. Plagued with a deepening budget deficit and an increasing need for liquidity, a related creeping appropriation of resources while the strength of central public power weakens to the profit of various elite groups and with an outdated worldview that promotes misunderstanding, disconnect and thus inadequate actions, the political authorities are increasingly unable to deliver the security citizens seek and risks to the legitimacy of the whole system increases. Alarmed by the rising difficulties and widespread discontent, the governing authorities decide to do something. Three potential scenarios or stories will be told: “Mamominarch: Off with the State,” “Panglossy: Same Old, Same Old,” and …

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2212 EVT: Rising Discontent (The Chronicles of Everstate)

Summary of our scenario so far: Everstate (an ideal-type for our very real countries created to foresee the future of the modern nation-state) is part of the international liberal order and ruled under a democratic parliamentary regime.

Lately, its governance started being less efficient and as a result began to fail to ensure the security of Everstate’s citizens. Meanwhile, its economy showed sign of losing efficacy and its powerful elite groups fought hard to keep their status although they do not believe to be really at risk.

The various degradations and tensions have started being felt and registered by the population. However, most Everstatan actors considered those as temporary crises and difficulties that will be shortly solved. At worst, some envisioned a serious crisis that would last a few years, maybe a decade of slow growth before everything went back to normal (link to previous article). Are they right? What does the future hold for Everstate?… Read more

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