May 24, 2012

Scenario Planning for Global Trade & Logistics

Peter Kennedy
Managing Principal

In mid-May, FSG principals facilitated a scenario-planning exercise for the Port Commerce Department of the Port Authority of New York & New Jersey. Under the guidance of FSG and our partner, Cargo Velocity, some 60 workshop participants devoted three days to exploring the strategic implications of five alternative future operating environments for maritime trade and logistics. Scenario planning is part of a broader Port Commerce effort known as Project Port Horizon to think proactively about, and begin to prepare for, emerging...Read more

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May 16, 2012

Types of Scenario Planning

by Charles Thomas

The term “scenario planning” encompasses a surprisingly diverse range of activities. While there are many potential schemes for categorizing these activities, the discussion below presents a fairly comprehensive view of them, and indicates – if imperfectly – the relationships among the various approaches.Read more

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May 11, 2012

Scenario Consultant Perspective: Friday's Naive Two-By-Two Matrix

Patrick Marren
Partner

Paul Krugman's column today induces us to create scenarios...it's what we do.Read more

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May 07, 2012

Quick & Dirty Scenarios: Francois Hollande, Greece, and Us

Patrick Marren
Partner

Some quick and dirty scenarios about this past weekend's EuroChaos in France and Greece.Read more

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May 04, 2012

Fault Lines: Two Years Later, Some Scenarios

Patrick Marren
Partner

Scenario fodder for the week: Raghuram Rajan's "Fault Lines: How Hidden Fractures Still Threaten the World Economy" won many awards as best business book of 2010. A couple of years on, it's worth examining Rajan's major theses to see how they have played out.Read more

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April 25, 2012

Seams Like Old Times

Patrick Marren
Partner

"Silos" are an inevitable part of any organization; indeed, of any human activity. Even if you confine yourself to individual action, your own mind is thinking within certain categories, usually operating off a mental model that tells you what to expect - "If I do X, then Y will happen" - and what NOT to expect - Z or W or something completely different.

Organizations build structures that they believe will maximize their chances of success, balancing them off, of course, with the demands of physical reality, the limitations of space, time, and communication, and the whims of...Read more

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April 21, 2012

The Future Is Now: Reading VINs from Space

Patrick Marren
Partner

Possibly frightening scenario fodder culled from the papers over Saturday morning coffee...Read more

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April 20, 2012

Scenario Planning at FSG

Patrick Marren
Partner

What exactly does the Futures Strategy Group do? We help excellent organizations make better decisions under conditions of uncertainty -- mainly through the use of scenarios.Read more

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April 13, 2012

Seven Wrong Things People Think About the Future

Patrick Marren
Partner

All along the untrodden paths of the future I see the footprints of an unseen hand. - Sir Boyle Roche

We who inhabit the Land of Scenariotopia (as a former colleague termed our little realm) think that the best way to predict the future is not to. That is, you should abandon the search for certainty and explore multiple scenarios of what might be. Many people don't do this, however. We find that lots of them subscribe, usually semi-consciously, to some or all of the following fallacies:

1. "The future is ever-changing." No it isn't. The...Read more

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April 12, 2012

What We Are On About Here

Patrick Marren
Partner

Few people think more than two or three times a year. I've made an international reputation for myself by thinking once or twice a week. - George Bernard Shaw

The Nobel-winning economist and psychologist Daniel Kahneman published a book late last year entitled Thinking, Fast and Slow. In it, he distinguishes between two modes of thinking used by humans. The first is System 1: fast, automatic and intuitive. It suffices for the vast majority of our everyday purposes. We don't need to think deeply about not touching hot stoves, which leg to put our pants on first, or...Read more

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