Consciousness

Foresight Dictionary consciousness

Definition In the context of leadership and business, “conscious” refers to an approach that emphasises awareness, purpose, and responsibility beyond profit-making. It involves leaders and organisations operating with a holistic understanding of their impact on stakeholders, society, and the environment. This approach prioritises ethical decision-making, sustainability, and the well-being of all parties involved. Example Patagonia … Read more

Artificial intelligence

Foresight Dictionary artificial intelligence

Definition Artificial Intelligence refers to the development of computer systems capable of performing tasks that typically require human intelligence, such as visual perception, speech recognition, decision-making, and language translation. AI systems can learn from experience, adjust to new inputs, and perform human-like tasks. Example IBM Watson A real-world example of AI in action is IBM’s … Read more

Scenario Planning

Foresight Dictionary Scenario Planning

Definition Scenario planning is a strategic method used to envision and prepare for multiple plausible future states. It involves developing detailed narratives about possible future environments to help organisations make flexible long-term plans. Example Royal Dutch Shell’s use of scenario planning in the 1970s is a classic example. In 1972, Shell’s planners developed scenarios including … Read more

Wicked Problems

Foresight Dictionary Wicked Problems

Definition Wicked problems are complex, interdependent issues that are difficult or impossible to solve due to incomplete, contradictory, and changing requirements. They often involve multiple stakeholders with conflicting values and are resistant to traditional problem-solving approaches. Example Climate Change Climate change is a classic example of a wicked problem. It involves complex interactions between environmental, … Read more

Exponential Growth

Foresight Dictionary exponential

Definition In futures thinking, ‘exponential’ refers to a pattern of growth or change where a quantity increases by a constant factor over equal time intervals. This results in a curve that starts slowly but then rises dramatically, often leading to rapid, transformative changes in technology, society, or other domains. Example Moore’s Law: Moore’s Law is … Read more

Systems Thinking

Foresight Dictionary Systems Thinking

Definition Systems thinking is an approach to problem-solving and analysis that focuses on understanding how parts of a whole interact with each other to produce overall outcomes in complex systems. It emphasises looking at the bigger picture, identifying interconnections, and recognizing patterns of behaviour over time rather than focusing on isolated events or parts. Example … Read more

Speculative fiction

Foresight Dictionary speculative fiction

Definition Speculative fiction is a broad literary genre that encompasses works which imagine alternative realities, futures, or scenarios that differ from our current world. This genre includes but is not limited to science fiction, fantasy, horror, alternate history, and utopian or dystopian fiction. Speculative fiction explores “what if” scenarios, often extrapolating from current trends, technologies, … Read more

Circular Economy

Foresight Dictionary circular economy

Definition A circular economy is an economic system aimed at eliminating waste and the continual use of resources. It involves reusing, sharing, repairing, refurbishing, remanufacturing, and recycling to create a closed-loop system, minimising resource inputs and waste, pollution, and carbon emissions. Example Make Fashion Circular The Ellen MacArthur Foundation’s work with the fashion industry is … Read more

Narrative Futures

Foresight Dictionary Narrative Futures

Definition Narrative futures is an approach in futures studies and foresight that uses storytelling and narrative techniques to explore, describe, and communicate possible future scenarios. This method leverages the power of stories to make complex future possibilities more accessible, engaging, and relatable to audiences. It combines elements of scenario planning, creative writing, and strategic foresight … Read more

Moonshot Thinking

Foresight Dictionary Moonshot Thinking

Definition Moonshot thinking is an approach to innovation and problem-solving that aims for radical, transformative solutions rather than incremental improvements. It involves setting extremely ambitious goals that may seem impossible at first glance, and then working to achieve them through breakthrough technologies or novel approaches. Example Google’s Project Loon A real-world example of moonshot thinking … Read more