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Quantumrun
Foresight
methodology
overview
Helping clients thrive from future trends
Q U A N T U M R U N .C O M / C O N S U LT I N G
Subscribe Here ⤵
Strategic foresight
Methodology
Disruption radar
Macro drivers
Eight drivers
Signals
Trends
Futures cone
Scenarios
Foresight Platform
Service overview
About Quantumrun Foresight
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Inside this
methodology
overview
Strategic foresight is a quantitative and qualitative discipline that empowers
individuals and organizations by improving their preparedness for the
various scenarios they may experience in the near and distant future.
This discipline enables practitioners to identify disruptive and transformative
forces that will influence future events, affording them systematic foresight
of possible, plausible, and probable futures, and ultimately allowing them to
select one preferred future to pursue strategically.
Strategic
Foresight
Why foresight matters
Collect inspiration from future trends to ideate new products,
services, policies, and business model ideas they can invest in today.
Identify future solutions to complex present-day challenges in order
to implement inventive and actionable policies.
Explore plausible future (five, 10, 20 years+) business scenarios they
may operate in and identify feasible courses of action for success in
these future environments.
Organizations engage with Quantumrun Foresight to:
Research the technologies and startups/partners necessary to build and
launch a future business idea or a future vision for their market or business.
Collect market intelligence about emerging trends happening in industries
outside their area of expertise that may directly or indirectly impact their
operations.
Establish early warning systems to prepare for market disruptions.
03 Q U A N T U M R U N F O R E S I G H T
Methodology
Quantumrun Foresight’s international team of analysts monitors and
reviews news, journals and research reports from a wide range of
industries. We regularly interview and survey our large network of experts
to gather on-the-ground observations from their particular fields. After
integrating and assessing these insights on the Quantumrun Foresight
Platform, we then make informed, multidisciplinary, and comprehensive
forecasts about future trends and scenarios.
04 Q U A N T U M R U N F O R E S I G H T
S TA G E D E S C R I P T I O N
Framing Scope the project: Purpose, objectives, stakeholders, timelines, budget, deliverables; assess current state vs preferred future state.
Scenario
building
(Optional) For organizations interested in exploring new products, services, policy ideas, or business models that require multi-year planning
and investments, Quantumrun encourages a process called scenario modeling. This method involves in-depth analysis and exploration of
different market environments that may emerge over the coming five, 10, 20 years or longer. Understanding these future scenarios can provide
organizations with greater confidence when planning strategic long-term investments. This stage is facilitated by the Quantumrun Foresight
Platform.
Scanning Collect information: Assess data collection strategy, isolate data collection mediums and sources, then collect relevant historical, contextual, and
predictive data that applies directly and indirectly to the foresight project. This stage may be influenced by the scenario-building process. This
stage is also facilitated by the Quantumrun Foresight Platform.
Trend
Synthesis
By analyzing the insights identified from the scenario modeling and trend scanning steps, we proceed to look for patterns—the goal being
to isolate and rank drivers (macro and micro) and trends by importance and uncertainty—that can guide the rest of the project. This stage is
facilitated by the Quantumrun Foresight Platform.
Constraints Understand the constraints all future scenarios and research must operate in, such as: budgets, timelines, legislation, environment, culture,
stakeholders, human resources, organization, geopolitics, etc. The goal is to narrow the project’s focus to those scenarios, trends, and insights
that can offer clients the most value. This stage is facilitated by the Quantumrun Foresight Platform.
Option
generation
Carefully evaluate the research to identify opportunities or potential threats the organization may face, and prioritize potential strategy options
that require further analysis and development. This stage is facilitated by the Quantumrun Foresight Platform.
Ideation Choose a preferred future: Prioritize the opportunities to pursue and threats to avoid. Identify potential products, services, policy ideas, and
business models to invest in. This stage is facilitated by the Quantumrun Foresight Platform.
Management
consulting
For the product or strategy being pursued: Research its potential market viability, market size, competitors, strategic partners or acquisition
targets, technologies to buy or develop, etc.
Action Implement the plan: Develop action agendas, institutionalize strategic thinking and intelligence systems, assign projects and deliverables, and
communicate the results.
05 Q U A N T U M R U N F O R E S I G H T
The methodology Quantumrun applies to projects is always customized to the needs, budget, and timelines of our clients.
However, this table offers an overview of our standardized process.
Disruption
radar
Macro drivers, signals, and trends are the raw materials
strategic foresight professionals use to construct
compelling visions of the future that can help inspire
present-day actions.
Technology
Geopolitics
Environment
Culture
Macro Drivers
Weak Signals
Economy
Demographics
Government
Infrastructure
Strong Signals
Trends
06 Q U A N T U M R U N F O R E S I G H T
Macro drivers
(Disruption radar)
Quantumrun Foresight focuses on eight macro drivers
that can impact business, government, and society.
Sometimes called megatrends or macro forces, these
macro drivers were inspired by the STEEPLED framework
common within the strategic foresight community, but
were adapted to Quantumrun’s consultancy methods and
real-world client considerations.
These drivers can have positive, neutral, or negative
effects and are influenced by major sources of change.
When considering the future of any topic, it is important
to consider each potential area of disruption and take
into account the diverse set of drivers from these macro
influences to guide research and analysis.
Strong Signals
Trends
Weak Signals
Technology
Geopolitics
Environment
Culture
Macro Drivers
Economy
Demographics
Government
Infrastructure
07 Q U A N T U M R U N F O R E S I G H T
Eight macro
drivers
C U LT U R E
Culture refers to the shared beliefs, values, customs,
behaviors, and artifacts that characterize a group or society. It
encompasses the art, music, literature, and other intellectual
and creative achievements of a society, as well as how people
understand and interact with the world around them, shaping
their experiences, behaviors, and perceptions. Culture can vary
widely between different societies and can change over time
within a society. In modern times, media and communications
technologies play an outsized role in how society communicates,
learns, and accesses information.
D E M O G R A P H I C S
Demographics refer to the statistical characteristics of a
population, such as age, gender, income, education level, race,
and ethnicity. Businesses, governments, and other organizations
use demographics to study and understand the makeup and
trends of a population, including birth/death rates, migration, and
health metrics, to forecast future needs and develop strategies.
T E C H N O LO GY
Technology refers to the tools, machines, systems, and
processes used to achieve specific goals or tasks. It is constantly
evolving as innovations are developed and can be applied to
improve efficiency, solve problems, and enhance communication
and other aspects of daily life. However, technologies of all kinds
can result in negative outcomes if used improperly or without
adequate consideration of potential consequences.
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E N V I R O N M E N T
The environment refers to the natural world and the physical,
chemical, and biological factors that affect an organism or
ecosystem. It includes all living and non-living things and their
interactions within an ecosystem, as well as the air, water, and
soil that support life. The environment plays a critical role in
supporting and sustaining life on Earth and is subject to change
due to natural and human influences.
G O V E R N M E N T
Government refers to the political system, laws, and institutions
that regulate and govern a society or country. It includes the
executive, legislative, and judicial branches of government,
as well as local and regional governments and their various
agencies and departments. Depending on the form of
government, these institutions may vary in their approach to
creating and enforcing laws, providing public services, protecting
citizens, and representing the rights and interests of the people.
G E O P O L I T I C S
Geopolitics is the study of how geography and politics interact to
shape international relations and global events. It encompasses
the political, economic, military, and cultural factors that influence
the relationships between countries and other actors on the
global stage. Geopolitics takes into account the physical
features of a region, such as its natural resources, transportation
networks, and strategic locations, as well as the political and
economic systems, ideologies, and cultural values of the
countries and peoples within the region.
I N F R A S T R U C T U R E
Infrastructure refers to the basic systems, structures, and
facilities that are necessary for the functioning of a society or
organization. It includes transportation networks, communication
systems, healthcare networks, water and sewage systems,
energy and power grids, and other physical structures and
services that support the daily lives of people and the operation
of businesses and other organizations.
E C O N O M Y
The economy is a system of macroeconomic and
microeconomic factors by which a society or region organizes
the production, distribution, and consumption of goods and
services, and the creation and use of money to facilitate these
exchanges. The economy is a major factor in a society’s overall
well-being and can influence the standard of living and quality of
life of its citizens.
Signals
(Disruption radar)
Trend scanning. Horizon scanning. Environmental
scanning. Signal collection. This foresight activity goes by
many names. But whatever you call it, it is foundational to
any innovation project.
The activity involves monitoring public information
sources—including news publishers, industry journals,
scientific papers, corporate newsrooms, subject matter
expert blogs, etc.—to collect insights hinting at emerging
trends that may reveal potential business opportunities or
risks worth investigating.
Weak Signals
Strong Signals
Trends
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Technology
Geopolitics
Environment
Culture
Macro Drivers
Economy
Demographics
Government
Infrastructure
Weak signals refer to early indicators of potential changes or
developments that may have an impact in the future. These may include:
• New products or services entering a noncompetitive market, or evidence
of existing things becoming obsolete or novel things emerging.
• Recently uncovered problems or current situations that do not directly
affect a specific business, but could potentially have an impact in the
future.
• Small innovations or technological advancements that have the potential
to grow and mature.
Strong signals refer to more established and significant indicators of
potential changes or developments that are likely to have a greater impact.
These may include:
• New products or services entering a competitive market, and factors
that challenge current paradigms, beliefs or assumptions, and have the
potential to grow or mature quickly.
• Early warning indicators that provide a clear indication of a potential
change or development on the horizon.
• Significant innovations or technological advancements that are maturing.
11 Q U A N T U M R U N F O R E S I G H T
Trends
(Disruption radar)
Within the strategic foresight field, trends refer to patterns
or directions of change that occur over time in a particular
field or industry. These trends can be observed in various
aspects of society, including technology, economics,
politics, demographics, culture, and the environment.
Trends can be positive, negative, or neutral in nature
and can have varying degrees of impact on a society or
organization.
Identifying trends through the analysis of macro drivers
and signals helps professionals to anticipate and prepare
for potential future developments and to make informed
decisions about long-term plans and strategies.
Strong Signals
Weak Signals
Trends
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Technology
Geopolitics
Environment
Culture
Macro Drivers
Economy
Demographics
Government
Infrastructure
Futures
cone
The futures cone is a visual tool used in strategic foresight to
help organizations understand and plan for the range of possible
futures they may encounter and make informed decisions based
on their level of risk tolerance and strategic goals.
This graphic highlights the concept of uncertainty, which refers
to the inherent unpredictability of the future and the range of
possible outcomes that could result from different combinations
of factors and events. (The tool is also used to illustrate the utility
of scenario modeling, to be described next.)
The futures cone is typically depicted as a pyramid, with
the tip representing a more certain outcome and the base
representing a greater level of uncertainty. Looking at the base,
the low-uncertainty (probable) section represents relatively
certain futures that are likely to occur based on current trends
and knowledge. The medium-uncertainty section represents
uncertain futures that are still plausible based on existing trends
and potential disruptions. The outer ring represents the high-
uncertainty futures that are less likely to occur but still possible
given extreme or unforeseen events. Finally, the preferable
section represents the future state the client can work toward
with foresight-influenced strategic planning.
P O T E N T I A L F U T U R E S
Certainty
Potential
Potential
12 - 24 months
Tactical
2-5 years
Strategic Planning
5-10 years
Vision
10+ years
Evolution & Disruption
Today
Uncertainty
Plausible
Probable
Preferable
Hype
Orthodoxy
Useful
Disruption
13 Q U A N T U M R U N F O R E S I G H T
Scenario
modeling
process
For organizations looking to address complex policy/legislation challenges or to explore new products,
services, and business models that require multi-year planning and investments, Quantumrun Foresight
encourages a process called “scenario modeling.”
Borrowing from the concepts communicated in the futures cone, this method involves an in-depth
analysis and exploration of different market environments that may emerge over the coming five, 10, 20
years, or longer. Understanding these future scenarios can provide organizations with greater confidence
when planning strategic long-term investments.
The scenario modeling process usually involves multidisciplinary teams of both Quantumrun and client
employees and follows this standardized approach:
DESCRIPTION
OUTPUT
LEAD
STAGE Focal issue
Identify core
business issue/
topic
Product plan
Client
Disruption radar
Identify relevant
macro drivers,
signals, and
trends
Structured data
Quantumrun
Prioritization
Rank disruption
radar factors by
importance and
uncertainty
Ranked data
QF + client
Scenario
logics
Select factors to
prioritize; Number
of scenarios to
build
Prioritized data
QF + client
Scenario
elaboration
Build scenarios
that are
plausible, distinct,
consistent,
challenging, have
utility
Reports, narratives,
infographics,
prototypes
Quantumrun
Implications
Harvest
scenarios to
identify business
opportunities,
challenges, new
directions
Reports,
presentations
QF + client
Action
Develop
strategies, assign
projects and
deliverables
Action plan
QF + client
14 Q U A N T U M R U N F O R E S I G H T
Quantumrun
Foresight Platform
The Quantumrun Foresight Platform allows organizations to convert industry
trends into practical insights. Invest in a foresight platform that lets your
team outsource trend research, automate market analysis, and generate
new business/policy ideas.
Common client types
Quantumrun’s foresight platform is most often used by Strategy, Innovation,
Product Development, Investor Research, and Consumer Insights
departments that are new to foresight and looking for a tool to coordinate
their trend-research activities.
Value proposition
• Supplement or delegate trend-specific research activities to reduce costs
and admin time.
• Receive customized research daily, freeing worker time for higher-value
tasks/projects.
• Access easy-to-use visualization tools to discover new trend insights
and share your findings with other departments and management
stakeholders.
• Reduce risk from outside disruption and lost revenue from missed market
opportunities.
Quantumrun and the platform
Most clients new to foresight engage with Quantumrun first through its foresight
platform. Then, once clients are ready or have the budget to explore more
in-depth foresight services, they are introduced to Quantumrun’s traditional
consulting offerings.
15 Q U A N T U M R U N F O R E S I G H T
16 Q U A N T U M R U N F O R E S I G H T
Platform trend
visualization features
S T R AT E GY P L A N N E R
Designed for strategy prioritization projects.
S W O T & V U C A
Designed to integrate trend research into traditional
management frameworks.
17 Q U A N T U M R U N F O R E S I G H T
Platform trend
visualization features
T R E N D R A D A R
Designed to filter and segment trend research for scenario
modeling exercises.
I D E AT I O N E N G I N E
Designed for brainstorming new products, services, policies,
and business models.
Advisory services
B U S I N E S S I D E AT I O N
Apply trends research to develop ideas for new products, services,
policy ideas, or business models.
S C E N A R I O M O D E L I N G
Apply scenario modeling to understand future market environments
and execute multi-year planning and investments with confidence.
P O L I C Y F O R E S I G H T
Generate future-proof policy ideas and legislation to support
government services and political campaigns.
I N T E R N A L F O R E S I G H T D E PA R T M E N T
Build a best-in-class foresight department within your organization
to guide innovation initiatives.
F O R E S I G H T R E S E A R C H S U P P O R T
Receive daily, monthly or quarterly trend reports tailored to your
team’s research priorities.
Apply strategic foresight inside your organization with confidence. Our Account Managers will guide your team
through our list of services to help you achieve innovative business outcomes.
T R E N D S C A N N I N G
Outsource signal scanning, identify trends earlier, proactively prepare for
and thrive in future market environments.
F U T U R E S C O N T E N T PA R T N E R S H I P S
Collaborate with our editorial team to produce forward-­
thinking branded
content for your corporate blogs, newsletters, and promotional campaigns.
K E Y N O T E S & W O R K S H O P S
Our global network of foresight speakers and instructors can train your
employees to discover and capitalize on disruptive industry trends.
M A R K E T R E S E A R C H I N T E G R AT I O N
Combine Quantumrun’s foresight insights with external market research
services to integrate perspectives from a large and customizable pool of
subject matter experts.
18 Q U A N T U M R U N F O R E S I G H T
About
Quantumrun
Foresight
Quantumrun Foresight is a consulting and software firm that
uses long-range strategic foresight to help corporations and
government agencies thrive from future trends.
Since 2010, our foresight work has guided strategy,
innovation, and R&D teams to stay ahead of disruptive market
shifts, as well as generate innovative product, service, policy,
and business model offerings.
Contact us
18 Lower Jarvis, Suite 20023, Market PO,
Toronto, Ontario, M5E-­
0B1, Canada.
Contact@Quantumrun.com
19 Q U A N T U M R U N F O R E S I G H T
Subscribe Here ⤵
www.quantumrun.com/consulting
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Quantumrun Foresight Methodology Overview - Helping Clients Thrive From Future Trends

  • 1. Quantumrun Foresight methodology overview Helping clients thrive from future trends Q U A N T U M R U N .C O M / C O N S U LT I N G Subscribe Here ⤵
  • 2. Strategic foresight Methodology Disruption radar Macro drivers Eight drivers Signals Trends Futures cone Scenarios Foresight Platform Service overview About Quantumrun Foresight 03 04 06 07 08 10 12 13 14 15 18 19 Inside this methodology overview
  • 3. Strategic foresight is a quantitative and qualitative discipline that empowers individuals and organizations by improving their preparedness for the various scenarios they may experience in the near and distant future. This discipline enables practitioners to identify disruptive and transformative forces that will influence future events, affording them systematic foresight of possible, plausible, and probable futures, and ultimately allowing them to select one preferred future to pursue strategically. Strategic Foresight Why foresight matters Collect inspiration from future trends to ideate new products, services, policies, and business model ideas they can invest in today. Identify future solutions to complex present-day challenges in order to implement inventive and actionable policies. Explore plausible future (five, 10, 20 years+) business scenarios they may operate in and identify feasible courses of action for success in these future environments. Organizations engage with Quantumrun Foresight to: Research the technologies and startups/partners necessary to build and launch a future business idea or a future vision for their market or business. Collect market intelligence about emerging trends happening in industries outside their area of expertise that may directly or indirectly impact their operations. Establish early warning systems to prepare for market disruptions. 03 Q U A N T U M R U N F O R E S I G H T
  • 4. Methodology Quantumrun Foresight’s international team of analysts monitors and reviews news, journals and research reports from a wide range of industries. We regularly interview and survey our large network of experts to gather on-the-ground observations from their particular fields. After integrating and assessing these insights on the Quantumrun Foresight Platform, we then make informed, multidisciplinary, and comprehensive forecasts about future trends and scenarios. 04 Q U A N T U M R U N F O R E S I G H T
  • 5. S TA G E D E S C R I P T I O N Framing Scope the project: Purpose, objectives, stakeholders, timelines, budget, deliverables; assess current state vs preferred future state. Scenario building (Optional) For organizations interested in exploring new products, services, policy ideas, or business models that require multi-year planning and investments, Quantumrun encourages a process called scenario modeling. This method involves in-depth analysis and exploration of different market environments that may emerge over the coming five, 10, 20 years or longer. Understanding these future scenarios can provide organizations with greater confidence when planning strategic long-term investments. This stage is facilitated by the Quantumrun Foresight Platform. Scanning Collect information: Assess data collection strategy, isolate data collection mediums and sources, then collect relevant historical, contextual, and predictive data that applies directly and indirectly to the foresight project. This stage may be influenced by the scenario-building process. This stage is also facilitated by the Quantumrun Foresight Platform. Trend Synthesis By analyzing the insights identified from the scenario modeling and trend scanning steps, we proceed to look for patterns—the goal being to isolate and rank drivers (macro and micro) and trends by importance and uncertainty—that can guide the rest of the project. This stage is facilitated by the Quantumrun Foresight Platform. Constraints Understand the constraints all future scenarios and research must operate in, such as: budgets, timelines, legislation, environment, culture, stakeholders, human resources, organization, geopolitics, etc. The goal is to narrow the project’s focus to those scenarios, trends, and insights that can offer clients the most value. This stage is facilitated by the Quantumrun Foresight Platform. Option generation Carefully evaluate the research to identify opportunities or potential threats the organization may face, and prioritize potential strategy options that require further analysis and development. This stage is facilitated by the Quantumrun Foresight Platform. Ideation Choose a preferred future: Prioritize the opportunities to pursue and threats to avoid. Identify potential products, services, policy ideas, and business models to invest in. This stage is facilitated by the Quantumrun Foresight Platform. Management consulting For the product or strategy being pursued: Research its potential market viability, market size, competitors, strategic partners or acquisition targets, technologies to buy or develop, etc. Action Implement the plan: Develop action agendas, institutionalize strategic thinking and intelligence systems, assign projects and deliverables, and communicate the results. 05 Q U A N T U M R U N F O R E S I G H T The methodology Quantumrun applies to projects is always customized to the needs, budget, and timelines of our clients. However, this table offers an overview of our standardized process.
  • 6. Disruption radar Macro drivers, signals, and trends are the raw materials strategic foresight professionals use to construct compelling visions of the future that can help inspire present-day actions. Technology Geopolitics Environment Culture Macro Drivers Weak Signals Economy Demographics Government Infrastructure Strong Signals Trends 06 Q U A N T U M R U N F O R E S I G H T
  • 7. Macro drivers (Disruption radar) Quantumrun Foresight focuses on eight macro drivers that can impact business, government, and society. Sometimes called megatrends or macro forces, these macro drivers were inspired by the STEEPLED framework common within the strategic foresight community, but were adapted to Quantumrun’s consultancy methods and real-world client considerations. These drivers can have positive, neutral, or negative effects and are influenced by major sources of change. When considering the future of any topic, it is important to consider each potential area of disruption and take into account the diverse set of drivers from these macro influences to guide research and analysis. Strong Signals Trends Weak Signals Technology Geopolitics Environment Culture Macro Drivers Economy Demographics Government Infrastructure 07 Q U A N T U M R U N F O R E S I G H T
  • 8. Eight macro drivers C U LT U R E Culture refers to the shared beliefs, values, customs, behaviors, and artifacts that characterize a group or society. It encompasses the art, music, literature, and other intellectual and creative achievements of a society, as well as how people understand and interact with the world around them, shaping their experiences, behaviors, and perceptions. Culture can vary widely between different societies and can change over time within a society. In modern times, media and communications technologies play an outsized role in how society communicates, learns, and accesses information. D E M O G R A P H I C S Demographics refer to the statistical characteristics of a population, such as age, gender, income, education level, race, and ethnicity. Businesses, governments, and other organizations use demographics to study and understand the makeup and trends of a population, including birth/death rates, migration, and health metrics, to forecast future needs and develop strategies. T E C H N O LO GY Technology refers to the tools, machines, systems, and processes used to achieve specific goals or tasks. It is constantly evolving as innovations are developed and can be applied to improve efficiency, solve problems, and enhance communication and other aspects of daily life. However, technologies of all kinds can result in negative outcomes if used improperly or without adequate consideration of potential consequences. 08 Q U A N T U M R U N F O R E S I G H T
  • 9. 09 Q U A N T U M R U N F O R E S I G H T E N V I R O N M E N T The environment refers to the natural world and the physical, chemical, and biological factors that affect an organism or ecosystem. It includes all living and non-living things and their interactions within an ecosystem, as well as the air, water, and soil that support life. The environment plays a critical role in supporting and sustaining life on Earth and is subject to change due to natural and human influences. G O V E R N M E N T Government refers to the political system, laws, and institutions that regulate and govern a society or country. It includes the executive, legislative, and judicial branches of government, as well as local and regional governments and their various agencies and departments. Depending on the form of government, these institutions may vary in their approach to creating and enforcing laws, providing public services, protecting citizens, and representing the rights and interests of the people. G E O P O L I T I C S Geopolitics is the study of how geography and politics interact to shape international relations and global events. It encompasses the political, economic, military, and cultural factors that influence the relationships between countries and other actors on the global stage. Geopolitics takes into account the physical features of a region, such as its natural resources, transportation networks, and strategic locations, as well as the political and economic systems, ideologies, and cultural values of the countries and peoples within the region. I N F R A S T R U C T U R E Infrastructure refers to the basic systems, structures, and facilities that are necessary for the functioning of a society or organization. It includes transportation networks, communication systems, healthcare networks, water and sewage systems, energy and power grids, and other physical structures and services that support the daily lives of people and the operation of businesses and other organizations. E C O N O M Y The economy is a system of macroeconomic and microeconomic factors by which a society or region organizes the production, distribution, and consumption of goods and services, and the creation and use of money to facilitate these exchanges. The economy is a major factor in a society’s overall well-being and can influence the standard of living and quality of life of its citizens.
  • 10. Signals (Disruption radar) Trend scanning. Horizon scanning. Environmental scanning. Signal collection. This foresight activity goes by many names. But whatever you call it, it is foundational to any innovation project. The activity involves monitoring public information sources—including news publishers, industry journals, scientific papers, corporate newsrooms, subject matter expert blogs, etc.—to collect insights hinting at emerging trends that may reveal potential business opportunities or risks worth investigating. Weak Signals Strong Signals Trends 10 Q U A N T U M R U N F O R E S I G H T Technology Geopolitics Environment Culture Macro Drivers Economy Demographics Government Infrastructure
  • 11. Weak signals refer to early indicators of potential changes or developments that may have an impact in the future. These may include: • New products or services entering a noncompetitive market, or evidence of existing things becoming obsolete or novel things emerging. • Recently uncovered problems or current situations that do not directly affect a specific business, but could potentially have an impact in the future. • Small innovations or technological advancements that have the potential to grow and mature. Strong signals refer to more established and significant indicators of potential changes or developments that are likely to have a greater impact. These may include: • New products or services entering a competitive market, and factors that challenge current paradigms, beliefs or assumptions, and have the potential to grow or mature quickly. • Early warning indicators that provide a clear indication of a potential change or development on the horizon. • Significant innovations or technological advancements that are maturing. 11 Q U A N T U M R U N F O R E S I G H T
  • 12. Trends (Disruption radar) Within the strategic foresight field, trends refer to patterns or directions of change that occur over time in a particular field or industry. These trends can be observed in various aspects of society, including technology, economics, politics, demographics, culture, and the environment. Trends can be positive, negative, or neutral in nature and can have varying degrees of impact on a society or organization. Identifying trends through the analysis of macro drivers and signals helps professionals to anticipate and prepare for potential future developments and to make informed decisions about long-term plans and strategies. Strong Signals Weak Signals Trends 12 Q U A N T U M R U N F O R E S I G H T Technology Geopolitics Environment Culture Macro Drivers Economy Demographics Government Infrastructure
  • 13. Futures cone The futures cone is a visual tool used in strategic foresight to help organizations understand and plan for the range of possible futures they may encounter and make informed decisions based on their level of risk tolerance and strategic goals. This graphic highlights the concept of uncertainty, which refers to the inherent unpredictability of the future and the range of possible outcomes that could result from different combinations of factors and events. (The tool is also used to illustrate the utility of scenario modeling, to be described next.) The futures cone is typically depicted as a pyramid, with the tip representing a more certain outcome and the base representing a greater level of uncertainty. Looking at the base, the low-uncertainty (probable) section represents relatively certain futures that are likely to occur based on current trends and knowledge. The medium-uncertainty section represents uncertain futures that are still plausible based on existing trends and potential disruptions. The outer ring represents the high- uncertainty futures that are less likely to occur but still possible given extreme or unforeseen events. Finally, the preferable section represents the future state the client can work toward with foresight-influenced strategic planning. P O T E N T I A L F U T U R E S Certainty Potential Potential 12 - 24 months Tactical 2-5 years Strategic Planning 5-10 years Vision 10+ years Evolution & Disruption Today Uncertainty Plausible Probable Preferable Hype Orthodoxy Useful Disruption 13 Q U A N T U M R U N F O R E S I G H T
  • 14. Scenario modeling process For organizations looking to address complex policy/legislation challenges or to explore new products, services, and business models that require multi-year planning and investments, Quantumrun Foresight encourages a process called “scenario modeling.” Borrowing from the concepts communicated in the futures cone, this method involves an in-depth analysis and exploration of different market environments that may emerge over the coming five, 10, 20 years, or longer. Understanding these future scenarios can provide organizations with greater confidence when planning strategic long-term investments. The scenario modeling process usually involves multidisciplinary teams of both Quantumrun and client employees and follows this standardized approach: DESCRIPTION OUTPUT LEAD STAGE Focal issue Identify core business issue/ topic Product plan Client Disruption radar Identify relevant macro drivers, signals, and trends Structured data Quantumrun Prioritization Rank disruption radar factors by importance and uncertainty Ranked data QF + client Scenario logics Select factors to prioritize; Number of scenarios to build Prioritized data QF + client Scenario elaboration Build scenarios that are plausible, distinct, consistent, challenging, have utility Reports, narratives, infographics, prototypes Quantumrun Implications Harvest scenarios to identify business opportunities, challenges, new directions Reports, presentations QF + client Action Develop strategies, assign projects and deliverables Action plan QF + client 14 Q U A N T U M R U N F O R E S I G H T
  • 15. Quantumrun Foresight Platform The Quantumrun Foresight Platform allows organizations to convert industry trends into practical insights. Invest in a foresight platform that lets your team outsource trend research, automate market analysis, and generate new business/policy ideas. Common client types Quantumrun’s foresight platform is most often used by Strategy, Innovation, Product Development, Investor Research, and Consumer Insights departments that are new to foresight and looking for a tool to coordinate their trend-research activities. Value proposition • Supplement or delegate trend-specific research activities to reduce costs and admin time. • Receive customized research daily, freeing worker time for higher-value tasks/projects. • Access easy-to-use visualization tools to discover new trend insights and share your findings with other departments and management stakeholders. • Reduce risk from outside disruption and lost revenue from missed market opportunities. Quantumrun and the platform Most clients new to foresight engage with Quantumrun first through its foresight platform. Then, once clients are ready or have the budget to explore more in-depth foresight services, they are introduced to Quantumrun’s traditional consulting offerings. 15 Q U A N T U M R U N F O R E S I G H T
  • 16. 16 Q U A N T U M R U N F O R E S I G H T Platform trend visualization features S T R AT E GY P L A N N E R Designed for strategy prioritization projects. S W O T & V U C A Designed to integrate trend research into traditional management frameworks.
  • 17. 17 Q U A N T U M R U N F O R E S I G H T Platform trend visualization features T R E N D R A D A R Designed to filter and segment trend research for scenario modeling exercises. I D E AT I O N E N G I N E Designed for brainstorming new products, services, policies, and business models.
  • 18. Advisory services B U S I N E S S I D E AT I O N Apply trends research to develop ideas for new products, services, policy ideas, or business models. S C E N A R I O M O D E L I N G Apply scenario modeling to understand future market environments and execute multi-year planning and investments with confidence. P O L I C Y F O R E S I G H T Generate future-proof policy ideas and legislation to support government services and political campaigns. I N T E R N A L F O R E S I G H T D E PA R T M E N T Build a best-in-class foresight department within your organization to guide innovation initiatives. F O R E S I G H T R E S E A R C H S U P P O R T Receive daily, monthly or quarterly trend reports tailored to your team’s research priorities. Apply strategic foresight inside your organization with confidence. Our Account Managers will guide your team through our list of services to help you achieve innovative business outcomes. T R E N D S C A N N I N G Outsource signal scanning, identify trends earlier, proactively prepare for and thrive in future market environments. F U T U R E S C O N T E N T PA R T N E R S H I P S Collaborate with our editorial team to produce forward-­ thinking branded content for your corporate blogs, newsletters, and promotional campaigns. K E Y N O T E S & W O R K S H O P S Our global network of foresight speakers and instructors can train your employees to discover and capitalize on disruptive industry trends. M A R K E T R E S E A R C H I N T E G R AT I O N Combine Quantumrun’s foresight insights with external market research services to integrate perspectives from a large and customizable pool of subject matter experts. 18 Q U A N T U M R U N F O R E S I G H T
  • 19. About Quantumrun Foresight Quantumrun Foresight is a consulting and software firm that uses long-range strategic foresight to help corporations and government agencies thrive from future trends. Since 2010, our foresight work has guided strategy, innovation, and R&D teams to stay ahead of disruptive market shifts, as well as generate innovative product, service, policy, and business model offerings. Contact us 18 Lower Jarvis, Suite 20023, Market PO, Toronto, Ontario, M5E-­ 0B1, Canada. Contact@Quantumrun.com 19 Q U A N T U M R U N F O R E S I G H T Subscribe Here ⤵ www.quantumrun.com/consulting