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> horizon scanning
horizon scanning
Setting the Scope
Define the purpose of the horizon scanning exercise
Identify key stakeholders and their interests
Determine the time frame for the horizon scanning process
Establish criteria for selecting signals and trends
Signal Detection
Monitor a wide range of sources for potential signals
Use tools such as social media monitoring and expert interviews
Document and categorize signals based on relevance and impact
Evaluate the credibility and reliability of each signal
Trend Analysis
Identify patterns and relationships among different signals
Analyze the potential drivers and implications of emerging trends
Assess the likelihood and potential impact of each trend
Consider the interconnections between different trends
Scenario Development
Develop alternative scenarios based on the identified trends
Consider different future possibilities and their implications
Engage stakeholders in scenario planning exercises
Evaluate the robustness and feasibility of each scenario
Decision Making
Use the insights from horizon scanning to inform strategic decision-making
Identify opportunities and risks that may arise from future developments
Develop adaptive strategies to respond to changing environments
Continuously monitor and update the horizon scanning process
Communication and Reporting
Present the findings of the horizon scanning exercise to key stakeholders
Provide clear and concise summaries of key signals, trends, and scenarios
Include recommendations for action based on the analysis
Seek feedback and input from stakeholders to improve future horizon scanning efforts
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