Definition There are two terms that make me itch a little when I hear them: futurology and future-proof. There are much better terms to use. ‘Futurology’ is an outdated term and sometimes creates the impression of either of fortune telling and other non-scientific approaches, or conversely it implies that the future can be predicted accurately … Read more
Definition Deep learning is a subset of machine learning in artificial intelligence that uses neural networks with multiple layers (hence “deep”) to analyse various factors of data. It imitates the way humans gain certain types of knowledge, with artificial neural networks that simulate the structure and function of the human brain. Example AlphaGo A real-world … Read more
Definition Drivers of change are forces, trends, or factors that have the potential to significantly shape the future. These can be social, technological, economic, environmental, political, or values-based influences that act as catalysts for transformation in society, industries, or organisations. Example Digital Transformation A real-world example of a driver of change is the ongoing digital … Read more
Definition A step-by-step procedure or set of rules designed to perform a specific task or solve a particular problem, especially in computing and mathematics. Example Google Search: The PageRank algorithm, developed by Larry Page and Sergey Brin in 1996, revolutionised web search by ranking web pages based on their importance and relevance. This algorithm became … Read more
Definition Blind spot analysis is a strategic foresight technique used to identify and examine areas of ignorance, misconceptions, or overlooked factors in an organisation’s or individual’s understanding of a situation, market, or future scenario. It aims to uncover hidden risks, opportunities, and biases that might otherwise go unnoticed in decision-making processes. Example Business school staples: … Read more
Definition Co-creation and collaboration in foresight and futures thinking refer to the process of bringing together diverse stakeholders, experts, and participants to jointly envision, design, and shape possible futures. This approach emphasises shared ownership, collective intelligence, and the integration of multiple perspectives to create more robust and inclusive future scenarios. Example South Africa and the … Read more