Key Concepts in Future Foresight

What is the most important element when describing future scenarios?

• Certainty in predictions

• Consistency and plausibility

• Precision and accuracy

• Detailed technical analysis

Why is flexibility essential in Future Foresight?

• It reduces risks by eliminating uncertainty

• It allows for adapting to multiple possible futures

• It makes predictions more accurate

• It ensures adherence to a fixed plan

What is the main focus of the 'Exploring' phase in Future Foresight?

• Defining long-term action plans

• Gathering and analyzing information about future trends

• Implementing strategic changes

• Validating past decisions

Which of the following best describes the purpose of scenario planning in Future Foresight?

• To eliminate uncertainty

• To visualize and prepare for multiple potential futures

• To narrow options to a single strategy

• To focus on current challenges

Which tool is particularly effective during the Planning phase of Future Foresight?

• SWOT analysis

• Ladder of Inference

• Gantt charts

• Critical path method

What does the 'U' in VUCA represent?

• Unpredictability

• Uncertainty

• Uniqueness

• Unification

How does complexity differ from ambiguity in VUCA?

• Complexity refers to the interconnectedness of factors, while ambiguity arises from unclear meanings

• Ambiguity involves difficult decisions, while complexity involves predictable outcomes

• Complexity is about clarity, while ambiguity is about chaos

• They are interchangeable terms

What is the primary goal of addressing uncertainty in VUCA situations?

• To predict future outcomes accurately

• To reduce risks by gathering information

• To eliminate unclear factors

• To control external influences

A sudden disruption in global supply chains is an example of which VUCA element?

• Complexity

• Volatility

• Ambiguity

• Uncertainty

Which strategy is most effective for managing ambiguity in a VUCA environment?

• Ignoring uncertain factors

• Experimenting with multiple options

• Relying on historical trends

• Waiting for clarity