Abstract:

Futures practices have always sought to bridge longer term, context uncertainty and today's actions. Despite the emergence of diverse foresight lineages, methods and tools, the differences between 'better proactive foresight' and 'better reactive preparedness' remain unclear. This paper focuses on the 2007-2010 financial crisis in order to clarify misconceptions and confusions concerning 'scenario planning'. We assess why the crisis is not unique and propose how scenarios might be helpful in ...

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