Tuesday, December 6, 2016

A scenario by any other name would be as wrong

As someone who is responsible for writing forecasts regularly I found the differentiation between predictions and forecasts to be refreshing, and something I am forced to explain time and again whenever I present to a new client. Forecasting is something which we do all the time we just usually call it guessing; but it seems like as budding social scientists we have a hard time putting that regular practice at forecasting into our work. Now granted, forecasting is a little bit more than just guessing (often more like fiction writing), but at its core it is just you as the forecaster just looking at possibilities and fleshing out what those possibilities would look like during the time period of the scenario.
I have found that more often than not the outlier scenarios (alien invasions, nukes…etc) hang us up as we feel like there are too many variables changing for us to do anything useful in our scenario writing. However as we heard in our lecture there are some hard and fast rules (the weak always seek more power, and the powerful seek to keep it) and as a result of these rules we can often limit the number of variables which change in our scenarios while still making them relevant. As we heard, it is important to spell out our assumptions, so as to make these scenarios useful even if they are totally wrong (by understanding how we got to our conclusions our consumers can adjust their mental models based on how circumstances actually begin to play out); it is also important to understand that as a rule our scenarios will be wrong. The sooner we accept this, the sooner we can have an easier time writing scenarios.

Sorry for the quasi-lecture; I just really enjoy scenario writing (or as I said earlier, fiction writing), and like helping people see that it is easier to do than we may think.  

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