This is the first of two short pieces that focus on demographics. A central premise of scenario based (‘alternative futures’) strategic planning is that the future is uncertain because it is emergent—it can’t be predicted by studying individual trends, because what matters is the interaction between them; moreover many of these trends are themselves unpredictable. But some of them are not.
This is the second of two pieces about demography, focusing on another aspect, less to do with the population’s overall size than with its structure - specifically the changing composition by age group.
There have been a lot of historical analogies being thrown around lately.
The presidency of Donald Trump has caused a lot of smart people (and a lot of less-well-educated ones) to dig up stuff from the past that they see as relevant to our current situation - and to where we may be headed in the near future.
By Kevin McDermott, Founder of Collective Intelligence and FSG Associate, and Charles Thomas, FSG Managing Principal
Organizations are managed by people who acquired expertise from experience in an existing operating environment. But operating environments change unrelentingly. How does one get out ahead of this change?