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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.
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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 |
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OpportunityRadar |
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SurpriseRadar |
Statements of think tanks, experts and future researchers on
probable or expected
developments and events as basis for strategic decisions
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Statements of internal and external actors on
promising
business lines, business models and strategies as basis of investments |
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Statements of think tanks, experts and future researchers on
IMprobable and potentially surprising
developments and events |
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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:
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- 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
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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
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| Phase |
FutureScan
for Signals |
| Activity |
Detection |
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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:

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| Phase |
ScenarioBuilding |
| Aktivity |
Determination of "existence variables" |
Development
of scenarios |
| Result |
Identification of critical signals and transformation into existential future questions and surprise questions
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Environmental scenarios with relevance to the existence of the enterprise with projective or suprising character
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| Number |
10-30 |
4-20 |
Quality
criteria |
Potential threat or opportunity
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Orientation and inspiration |
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In the next two steps which are not described here, the consequences for the company are identified, strategically integrated and the FutureRadar is institutionalized.
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The frontiers of our thinking are the frontiers of our success. 
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© 2007 FutureManagementGroup AG
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