The world is a big mess, and getting worse by the day. Ukraine escalation. Inflation. Enormous debt. Supply chains still struggling. Petrodollar collapse. U.S. hegemony falling apart. Nuke war threats. And much more. Are we doomed, or is this actually some good news? The world is a complex system, and system collapse is how things get fixed. There may be no other way out for us.
The New Normal that everyone seems to be expecting won’t be normal. It will be very different and very unstable for quite some time. It will be followed by yet another New Normal – unforeseeable and different but somewhat stable. We will look at the critical importance of organizational agility in managing effectively through these challenging times.
Forecasting provides the essential foundation for business planning. You cannot plan without having some reliable picture of what the future holds. Forecasts aim at specifics while prediction addresses the big picture. Both are normally based on data and trends. But what can you do if you have no data that can be projected reliably into the future? Like today, in the new non-normal?
