A new way to plan for the future

Abstract

Building on state-of-the-art techniques for forecasting future developments in technology, business, economics, and other areas of human endeavor, we describe a novel methodology for adaptive contingency planning at the strategic initiative level. Complementing normal business planning that uses a schedule based on predictions tied to dates in the future, we use a new kind of early warning signal called a signpost to trigger the execution of corresponding new recommended actions. © 2007 IEEE.