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Cascading Discontinuity Set
A cascading discontinuity set is a term related to Wild Cards ''Wild Cards'' is a series of science fiction superhero shared universe anthologies, mosaic novels, and solo novels. They are written by a collection of more than forty authors (referred to as the "Wild Cards Trust") and are edited by George ... and applied in foresight and risk management areas. It attempts to define a series of smaller, seemingly disconnected events that merge over time leading to a Wild Card-like result. References * Barber MP (2004, 2006) 'Wildcards – Signals from a Future near You'; Journal of future Studies Vol 11 No1; Tamkang University Risk management {{Economy-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wild Card (foresight)
In a view of the future, a wild card is a low-probability, high-impact event. This concept may be introduced into anticipatory decision-making activity in order to increase the ability of organizations and governments to adapt to surprises arising in turbulent (business) environments. Such sudden and unique incidents might constitute turning points in the evolution of a certain trend or system. Wild cards may or may not be announced by weak signals, which are incomplete and fragmented data from which foresight information might be inferred. Description Arguably the best known work in wild cards comes from John Petersen, the author of ''Out of The Blue – How to Anticipate Big Future Surprises''. Petersen's book articulates a series of events that due to their likelihood to surprise and potential for impact might be considered 'Wildcards'. He defines wild cards as "Low Probability, High Impact events that, were they to occur, would severely impact the human condition". Building ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foresight (management)
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 daily thought is directed towards potential future events. Because of this and its role in human control on the planet, the nature and evolution of foresight is an important topic in psychology. Thinking about the future is also studied under the label prospection. Recent neuroscientific, developmental, and cognitive studies have identified many commonalities to the human ability to recall past episodes. ''Science'' magazine selected new evidence for such commonalities one of the top ten scientific breakthroughs of 2007. However, there are fundamental differences between mentally travelling through time into the future (i.e., foresight) versus mentally travelling through time into the past (i.e., episodic memory).Suddendorf T. "Episodic Memory Versus Episodic Foresight: Similarities and Differences". ''Wiley Interdisciplinary Revie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |