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The futures wheel is a method for graphical visualisation of direct and indirect future consequences of a particular change or development. It was invented by Jerome C. Glenn in 1971, when he was a student at the Antioch Graduate School of Education (now Antioch University New England ).
In 1972 Glenn invented the Futures Wheel, a new method of brainstorming about the future, and in 1973 he coined the term "futuring." [ 2 ] He was a Peace Corps Volunteer 1968 to 1970 focused on how tropical medicine and management can be used to combat leprosy ; his efforts led Saturday Review to label Glenn as one of America's most gifted ...
Futures techniques used in the multi-disciplinary field of futurology by futurists in Americas and Australasia, and futurology by futurologists in EU, include a diverse range of forecasting methods, including anticipatory thinking, backcasting, simulation, and visioning. Some of the anticipatory methods include, the delphi method, causal ...
Contingency planning is a "What if" tool, that only takes into account one uncertainty. However, scenario planning considers combinations of uncertainties in each scenario. Planners also try to select especially plausible but uncomfortable combinations of social developments.
Future-oriented technology analysis (FTA) is a collective term from futures studies for analyzing future technology and its consequences. [1] [2] It includes technology intelligence, technology forecasting, technology roadmapping, technology assessment, and technology foresight.
The future workshop is a futures technique developed by Robert Jungk, Ruediger Lutz and Norbert R. Muellert in the 1970s. It enables a group of people to develop new ideas or solutions of social problems.
You could go long oil futures using the crude oil futures contract (code: CL) on the New York Mercantile Exchange (NYMEX). The contract represents 1,000 barrels of West Texas Intermediate oil.
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