By Pero Mićić (auth.)
This is an inspiring, and functional booklet approximately seeing extra of the long run markets than the rivals. it's the first entire version for examining and handling the longer term systematically and successfully. The 5 futures glasses and the 'Eltville version' are easy, yet thorough instruments to enhance considering and speaking in regards to the future.
Read or Download The Five Futures Glasses: How to See and Understand More of the Future with the Eltville Model PDF
Similar risk management books
A Short Guide to Reputation Risk (Short Guides to Risk)
There are all types of difficulties linked to recognition danger. Many firms locate that it does not healthy smartly inside of operational possibility; others fight to allocate accountability for it or to discover methods of reporting successfully. probably the largest challenge of all is that firms frequently confuse acceptance threat with popularity administration.
###############################################################################################################################################################################################################################################################
The Italian Banking System: Impact of the Crisis and Future Perspectives
Why was once the Italian Banking process extra resilient in the course of the sub-prime predicament and harder-hit within the sovereign drawback? Will their power within the retail industry consequence as an asset or a legal responsibility for Italian banks sooner or later? This e-book deals an in-depth research of 1 of an important ecu banking platforms its makes an attempt to climate the situation.
FX Barrier Options: A Comprehensive Guide for Industry Quants
This booklet is a quantitative quide to barrier recommendations in FX environments.
- Reliability, Maintainability and Risk: Practical Methods for Engineers
- A Short Guide to Equality Risk (Short Guides to Business Risk)
- Financial Risk Manager Handbook, + Test Bank: FRM Part I / Part II
- Contractors Guide to Green Building Construction: Management, Project Delivery, Documentation, and Risk Reduction
Additional resources for The Five Futures Glasses: How to See and Understand More of the Future with the Eltville Model
Example text
This is too costly and also leads directly to increased comparability with the competition, since strategies that are suitable for all scenarios tend to be very similar to each other. This in turn would minimize differentiation between competitors and thus minimize operating margins. Decision-makers need assumptions about the future, with given expectation probabilities, as well as inspiration and decision-making tools to be able to perceive future opportunities and develop visions. After all, you need to find good ways of actually implementing the goals and strategies based on them.
How desirable are futures? 17 Many know exactly what they want with regard to health, a partner, wealth and so on. 18 Possible directions of professional development or even just the options for the next vacation are prioritized in this way. And those who have difficulty in prioritizing their desired futures, at least know what they don’t want. 19 However, we see a significant semantic and ontological difference between the desired future and the optimistic attitude towards the future. The optimistic attitude sees “the future” more as a whole, whereas the “desired future” relates more to the future concerned with the person who desires it.
Hence, some methods are overused and misused for purposes that they were not aimed for. Limitations of classic scenarios ■■ The classic scenario method does not cover many of the requirements for practice. ■■ As scenarios are considered to be state of the art, the result is often disappointed expectations. 16 The Five Futures Glasses Goals confusion At the core of futures confusion lie the dilemmas and irrationalities that people display when looking into the future. Forecast versus creation Many people express two wishes in the same breath.