The Future is Here

                                                                                                           Scenario Planning and Traditional Forecasting Scenario planning involves identifying a wide range of possible impacts and outcomes, evaluating responses, and planning for all possibilities (Ali, 2020) . By predicting possible opportunities and risks, businesses can proactively plan for events, rather than simply reacting. Scenario planning can be used in multiple ways, such as in business, including estimating cash flow, projecting financial earnings, and mitigating future events, thus effectively handling uncertainty. Scenario planning can also be used to visualize v...

Bubble Wrap                                                        Source:  Adapted from today.com, (2008) Aside from cardboard boxes, Bubble Wrap is one of the most popular packaging materials today. Surprisingly, it wasn't invented for packaging purposes at all. The inventors had no idea their material would be used in the shipping industry. In 1957, two engineers, Marc Chavannes and Alfred Fielding, invented the Bubble Wrap (Kindy, 2019) . Chavannes and Fielding invented Bubble Wrap to be used as textured wallpaper. Today, one of the most popular packaging materials was initially created to be an alternative to the traditional wallpaper. To invent Bubble Wrap, Chavannes and Fielding used two pieces of a plastic shower curtain and sealed them together by passing them through a hot-sealing machine. The two inventor...

  Group decision-making methods The Delphi technique is appropriate when a group consensus is required when making a group decision (Dagher, 2021). It involves gathering all the ideas generated and compiling them for the group leader to break them down into a smaller list. The choices are condensed until a decision is made. The brainstorming technique provides an open environment where group members can express ideas to raise potential ideas and solutions. Group members are encouraged to provide any idea that comes to mind; there are no good or bad ideas. In the nominal group technique (NGT), the moderator records ideas gathered during a brainstorming session. Group members share their ideas with the moderator, discussing each idea to gather information. Ideas are then assigned priority scores and are pursued according to these scores. Comparison The Delphi technique is used to collect, organize, review, and revise group members' ideas. It involves generating a group deci...

  Think Tanks A think tank is an organization comprised of interdisciplinary scholars who perform research on various issues, policies or ideas. They discuss and review literature, provide and analyze ideas, and provide arguments to address specific problems. Think tanks address multiple issues such as policies, strategies, technology and culture. They can sometimes be referred to as policy institutes or think factories. Think tanks are created to conduct scholarly research, generate ideas, monitor public policies, and gather different opinions. They work for the common good and educate the public on specific concepts. Think tanks collect the expertise of professionals from related fields, legitimize their findings and share them through conferences, seminars and publications (Aly, 2019).           source:  Elena, S. (2016).  Think tank young professional development program. There are several influential think tanks in the US. The Belfer C...

Current Technologies and Trends                There is a developing focus on measuring learning, which has accelerated the adoption of analytics technologies. Analytics technologies provide various tools and applications used to convert data into useful information (Perkins, 2015). People are developing ways of collecting, connecting, combining, and interpreting student progress and capabilities. Measuring student learning has evolved from using metrics such as semester grades and graduation rates to real-time, interactive metrics that provide information on meeting students’ needs and the suitability of the learning curriculum. Analytics technologies are now used to track student performance, behaviors, interests, and activities to better understand their learning experience. These technologies help institutions migrate from information-poor decision-making to data-driven, research-based, and information-rich decision-making. An emerging ...

                                                                                                                                                             Futuring and Innovation I am a student currently studying at Colorado Technical University (CTU). I have earned various master’s degrees in business and technical courses. I now work as a software developer with over ten years of working experience. I created this blog for my Futuring and Innovation   class, where I will be posting my discussions on future discov...