Keeping your Future, grounded to Reality

About once a week I get a call from a client or a media group asking if I can tell them what the future will be like. The conversation usually goes something like this – Me: can I ask what you’re trying to discover? Journalist: Oh you know, something really catchy, about how the world is changing and how we’re all struggling to keep up, that sort of thing’; Me: Is your audience interested in knowing how to check whether their assessment of the future is grounded in reality, or what they can do to make it reality?’; Journalist ‘Um, I guess but I was really after a few interesting facts…’. With the client calls the request can often be couched in a need for a ‘prediction’ of the future. The challenge is over the difference between a theoretical future and a strategic future.

With a Theoretical future, you get the big, exciting, techno frenzy world where everything is really cool, or disastrously bad. Journalists are ringing for a view of the future, they’re ringing to get you to do the creative thinking they couldn’t be bothered doing. With clients though, it’s more down to a misunderstanding between the difference of the theoretical future v Strategic Future approach.

The Strategic Future is about keeping your assessment in contact with the actions you are going to take tomorrow, to make the future you envisage more (or less) likely. It requires a different tool kit and a need for the Project team to be open to an answer they weren’t expecting.

A case study of sorts involves one client I worked with across a four year period. From the outset they told us what answer they were looking for. From the outset I kept saying ‘let’s see what the research uncovers’. In the end we identified three core opportunities for them. One was well outside what they expected and it was the single biggest opportunity that existed – it STILL exists a couple of years later, as an untapped one. The second was an opportunity that was the OPPOSITE of what their other internal research (from HQ overseas) had advised. In looking at much of the same data but adding one extra filter, we exposed the mythology. What was proposed was a theoretical future idea but in order for that to be a plausible one, almost all competitors would need to have vacated the market. The final one, and one they acted on, led to them NOT pursuing an idea that was well underway. It saved them any, many millions of dollars chasing a pipe-dream.

Strategic Futures is about taking action toward the world you want to create. It doesn’t offer a guarantee, yet through testing your views of the future, you can make a much wiser decision. Theoretical futures are often entertaining and eye opening. They just don;t lead to much change in behaviour. That’s why I don’t do them – I prefer working with people who want to make it happen, not just dream about what might happen. Journalists, please keep that in miond next time you call 🙂

Why who the next Prime Minister is might be of little importance

Aug 29, 2010

Whilst the counting of votes is over the election is yet to be completed. Right now the discussions continue between the ‘three amigos’ who are clearly maximising their time in the spotlight, and the two leaders of the major parties. And whilst the media is fixated on who ought to be, deserves to be, should…

Read More >

May we get the Goverment we both deserve AND need

Aug 20, 2010

If you’ve seen any of the media campaigns for the Australian Federal Election you could have come to the following conclusions: Julia Gillard had a fixation with hand getsures; Tony Abbott had a fixation on Boats; and the Greens had the best Television Commercial not only of this campaign but of any other they’ve had…

Read More >

Is Mainstream media a reliable guide to the 2010 Australian Federal Election?

Aug 12, 2010

If you’ve been following any of the mainstream media election coverage here in Australia (stuff in the usual papers, radio and TV programs) you’ve no doubt got a good understanding of what is going to happen on election day. The mainstream media synopsis thus far is that a) Julia Gillard got off to a good…

Read More >

‘Us’ or ‘Them’ – how to tell the customer they are irrelevant on your website

Aug 1, 2010

This great little cartoon/graphic says it all and although looking at the subject of Universities, there is much that we can all learn   Here’s the Graphic.  If your website spends all its time talking about you, and no time talking about the customer, how do you think your customers (and prospective customers) feel?  I…

Read More >

Preparing for your future corporate strategy

Jul 15, 2010

A series of recent activities has me writing on the idea of ‘future strategy’ and how different organisations are approaching their future development. What is interesting is the strong sense that preparing for your potential future requires multiple paths forward, not a single ‘home run’. To that end I’ve recently considered sporting bodies and local…

Read More >

The Crisis of Capital

Jul 4, 2010

Stephen Downes is one the handful of bloggers I follow consistently. I do so because Downes (unlike many others unfortunately) like to write about his thinking AS WELL AS promoting the thinking of others, whether or not he agrees with them. In that way you get a solid collection of alternative views within his field…

Read More >

Catching Up on some ‘Light Reading’

Jun 27, 2010

Coming off what has been undoubtedly my busiest period (3 months) in the past decade, I’m in the throws of catching up on some light reading. I usually have at least two books on the go and my preference is for the books to be about diverse topics because it allows the mind to seek…

Read More >

Nanotechnology Moves from idea to Application

Jun 15, 2010

Every now and again you have an opportunity to listen to some rare insights to an industry sector. These opportunities are typically rare because the insights need to come from someone who not only ‘knows their stuff’, they need to be able to translate their knowledge in a way that the average person in the…

Read More >

Another side to the Super tax on Mining

Jun 7, 2010

The ‘Supertax’ debate is an interesting one and as expected, both parties are heavily invested in their own outcomes. One thing the Mining Companies understand is that the tax will lower the size of their profits in boom times for the resources sector – they’ll still be raking in billions, its just that some of…

Read More >

Design Thinking as a Competitive Advantage

May 3, 2010

As more organisations look to gain an understanding of how to both identify and prepare for their potential and desired futures, Design Thinking is on the current radar screen as a skill set likely to provide significant value. On the 25th to 27th of may you can attend a highly interactive and practical conference on…

Read More >