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Tools used to gain knowledge about the future

As you learned in week 1, there are different reasons for wanting to gain more understanding about the future.

There are different sets of tools and elements that we can use to gain more knowledge about the future. These elements include quantitative and qualitative forecasting and scanning the environment. We also use some very impressive sounding techniques, such as wolver logical methods, analogy techniques, input output models, narrative techniques, cost benefited analysis, and many more. Sometimes we can use more than one of these tools at a time, but that depends on what we want to achieve.

In week 2, we will discuss a handful of well known tools that are used by most futurists. These tools include scanning the environment, quantitative forecasting, trend analysis and scenarios.

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This article is from the free online course:

Futurism and Business: Dealing with Complexity

University of Stellenbosch Business School Executive Development