The future is the time after the past and present. Its arrival is considered inevitable due to the existence of time and the laws of physics. Due to the apparent nature of reality and the unavoidability of the future, everything that currently exists and will exist can be categorized as either permanent, meaning that it will exist forever, or temporary, meaning that it will end. In the Occidental view, which uses a linear conception of time, the future is the portion of the projected timeline that is anticipated to occur. In special relativity, the future is considered absolute future, or the future light cone.
Scenario planning, scenario thinking, scenario analysis, scenario prediction and the scenario method all describe a strategic planning method that some organizations use to make flexible long-term plans. It is in large part an adaptation and generalization of classic methods used by military intelligence.
Futurists are people whose specialty or interest is futurology or the attempt to systematically explore predictions and possibilities about the future and how they can emerge from the present, whether that of human society in particular or of life on Earth in general.
Futures studies, futures research, futurism research, futurism, or futurology is the systematic, interdisciplinary and holistic study of social/technological advancement, and other environmental trends; often for the purpose of exploring how people will live and work in the future. Predictive techniques, such as forecasting, can be applied, but contemporary futures studies scholars emphasize the importance of systematically exploring alternatives. In general, it can be considered as a branch of the social sciences and an extension to the field of history. Futures studies seeks to understand what is likely to continue and what could plausibly change. Part of the discipline thus seeks a systematic and pattern-based understanding of past and present, and to explore the possibility of future events and trends.
Strategic foresight is a planning-oriented discipline related to futures studies. In a business context, a more action-oriented approach has become well known as corporate foresight.
In futurology, especially in Europe, the term foresight has become widely used to describe activities such as:
Clement Bezold is a political scientist, author, futurist and a founder of the Institute for Alternative Futures (IAF) as well as its for-profit subsidiary Alternative Futures Associates.
The following outline is provided as an overview of and topical guide to futures studies:
Technology scouting is an element of technology management in which
Robin John Hyndman is an Australian statistician known for his work on forecasting and time series. He is Professor of Statistics at Monash University and was Editor-in-Chief of the International Journal of Forecasting from 2005–2018. In 2007 he won the Moran Medal from the Australian Academy of Science for his contributions to statistical research. In 2021 he won the Pitman Medal from the Statistical Society of Australia.
Corporate foresight has been conceptualised by strategic foresight practitioners and academics working and/or studying corporations as a set of practices, a set of capabilities and an ability of a firm. It enables firms to detect discontinuous change early, interpret its consequences for the firm, and inform future courses of action to ensure the long-term survival and success of the company.
Foresight is the ability to predict, or the action of predicting, what will happen or what is needed in the future. Studies suggest that much of human thought is directed towards potential future events. Because of this, the nature and evolution of foresight is an important topic in psychology. Thinking about the future is studied under the label prospection.
In psychology, prospection is the generation and evaluation of mental representations of possible futures. The term therefore captures a wide array of future-oriented psychological phenomena, including the prediction of future emotion, the imagination of future scenarios, and planning. Prospection is central to various aspects of human cognition and motivation. Daniel Gilbert (psychologist) and Timothy Wilson coined the term in 2007. It has since become a central area of enquiry in the cognitive sciences.
Spyros Makridakis is a professor of the University of Nicosia UNIC where he is the Director of the Institute for the Future (IFF) and an Emeritus Professor of Decision Sciences at INSEAD as well as the University of Piraeus and one of the world's leading experts on forecasting, with many journal articles and books on the subject. He is famous as the organizer of the Makridakis Competitions, known in the forecasting literature as the M-Competitions.
Foresight: The Journal of Futures Studies, Strategic Thinking and Policy is an international bi-monthly journal published by the Emerald Publishing Group. The name connotes the term "foresight" as it is used in futures studies. Established in 1999, the journal provides a powerful framework and set of techniques that allow for understanding trends and drivers shaping the world, exploring alternative futures, setting priorities and formulating strategies for action. Foresight is a valuable source for futurists and foresight practitioners who should be at the forefront of discovering practical ways to manage 21st century life under growing complexity with a long-term perspective. The journal offers a much-needed forum for sound thinking about the future and socio-technological innovations, and focuses on themes and issues shaping the future, new quantitative and qualitative methods, as well as case studies with novel approaches. The journal is edited by Prof.Dr. Ozcan Saritas since 2009.
Sohail Inayatullah is a Pakistani-born Australian academic, futures studies researcher and a professor at the Graduate Institute of Futures Studies at Tamkang University in Taipei, Taiwan.
The Institute for the Future (IFTF) is a Palo Alto, California, US–based not-for-profit think tank. It was established, in 1968, as a spin-off from the RAND Corporation to help organizations plan for the long-term future, a subject known as futures studies.
Andy Hines is an American futurist, head of graduate studies in Foresight at the University of Houston, and author of several books on strategic foresight. Hines is a professional futurist, co-creator of the framework foresight method, Assistant Professor and Program Coordinator of the Graduate Program in Foresight at the University of Houston, Principal of foresight consulting firm Hinesight, and former organizational futurist at Kellogg Company and Dow Chemical. He has written extensively on futures studies, strategic foresight, foresight research methods, the role of organizational futurists, and the consumer landscape.
Erzsébet Nováky 2005. Academic Award. Erzsébet Nováky, Doctor of Economics, Professor, dedicated futurist since 1970, Head of the Department of Futures Research at the University of Economics 1992-2012. Corvinus University of Budapest, professor emeritus (2015).
Future-oriented technology analysis (FTA) is a collective term from futures studies for analyzing future technology and its consequences. It includes technology intelligence, technology forecasting, technology roadmapping, technology assessment, and technology foresight. Technology Futures Analysis or Technology Future Analysis (TFA) is a synonym.
