FutureManagementGroup AG | FutureRadar: The basic concept

Solutions

All at one glance
Service principles
FutureRadar
Basic concept
Radar-Workshop
FutureAssumptions
FutureOpportunities
FutureVision
FutureSurprise
FutureStrategy
FutureManagement- System
FutureAcademy
FutureManagement- Partnership
Complete Solution for your future

Home

Sitemap

Disclaimer & Credits

Legal notes

Contact

CompanyFutureManagersJobs & Careers
SolutionsSpeakersEltville ModelContact

Basic concept of a FutureRadar

It is the long-term goal of a FutureRadar to develop and implement a system for early recognition of long-term environmental change and opportunities which is esteemed by its users. This goal consists of four partial aims:

  • identification and categorization of weak signals,
  • to recognize possible changes through scenarios,
  • to recognize the consequences for the enterprise and to modify the strategy accordingly,
  • and to institutionalize the system.

In the following we present the basic concept of a FutureRadar, its conncection to the "Eltville Model" of future management and the first partial aims as they are applied by FutureManagementGroup AG.

1. Basic structure of a FutureRadar

The focus of the FutureRadar basically is aimed at three types of information: Probable or expected developments, promising new concepts and ideas and improbable and potentially surprising developments and events:

Forecast Radar
 
OpportunityRadar
 
SurpriseRadar

Statements of think tanks, experts and future researchers on

probable or expected

developments and events as basis for strategic decisions

 

Statements of internal and external actors on

promising

business lines, business models and strategies as basis of investments

 

Statements of think tanks, experts and future researchers on

IMprobable and potentially surprising

developments and events

2. Connection of the information to the "Eltville Model"

The results of the FutureRadar fit perfectly into the "Eltville Model" of future management which was developed by FutureManagementGroup AG:

  • The future radar delivers the necessary orientation knowledge about the basis of the strategy
  • The complete strategy including opportunities, vision, guidelines, strategies, aims and projects is founded on this

 

3. FutureScan for signals

The FutureRadar begins with a "future scan". Generally relevant signals are filtered from information sources to be determined on case-to-case basis and then are rendered more precisely, are categorized and evaluated. The nature of the filtered signals (potentially critical signals) is determined according to the chosen focus: ForecastRadar, OpportunityRadar or SurpriseRadar.

Filtering of signals during the FutureScan

 

Phase
FutureScan for Signals
Activity
Detection
Categorization
Evaluation
Result
Raw signals
Structurized and more precise signals
Potentially critical signals
Number
1,000
200-500
200-500
Quality
 criteria
General relevance
Redundance, arguments
High
relevance

4. Scenario building

The critical signals identified are transformed into fundamental FutureQuestions and SurpriseQuestions. According to the possible extremes scenarios are developed:

 

 

Phase
ScenarioBuilding
Aktivity
Determination of "existence variables"
Development
of scenarios
Result
Identification of critical signals and transformation into existential future questions and surprise questions
Environmental scenarios with relevance to the existence of the enterprise with projective or suprising character
Number
10-30
4-20
Quality
 criteria
Potential threat or opportunity
Orientation and inspiration

In the next two steps which are not described here, the consequences for the company are identified, strategically integrated and the FutureRadar is institutionalized.

 

 

 

 

 

  The frontiers of our thinking are the frontiers of our success.

 

KnowledgeBase

Enterprises and organizations benefit from professional and systematic future management in various ways.

 

Print version

Recommend page

Google
WWW FMG

© 2007 FutureManagementGroup AG