Professional Documents
Culture Documents
Why is it
Important to
Understand
Futures
Thinking?
Futures
Thinking
Scenario
Planning
What is FTSP? “Futures Thinking and
Scenario Planning (FTSP) is
basically an interdisciplinary
field of knowledge for
studying the futures and
generating a number of
plausible scenarios for us to
decide on a future course of
action.”
- Rafael Ramirez (2015) and Rene Rohrbeck
(2017)
“FTSP is the study and understanding of how future works”
– Dr. Verne Wheelwright, author of It’s your future: Make it a good one
Strategic Strategic
Thinking Planning
FTSP Concept
Future A
One
Future VS.
Future Future
B C
Types of The Future
Wildcards/
Might happen Possible Surprise
(Basic range of alternatives) Future
We thought of as low
Plausible probability high impact
Could happen Future events
(Most likely)
Probable
Future
Likely to happen
(Likely given current trends)
Preferred
We want to happen Future
(The desired future)
Watch:
Malaysia
in 2050
Source: ASM,322022
Source: ASM,
33 2022
34
Source: ASM, 2022
Source: ASM,352022
Source: ASM, 202236
37
Source: ASM, 2022
38
Source: ASM, 2022
Aging Society = 7% >
65 YO
In 2020:
34.3 million population
2.4 million aged > 65
26 April 2017
FTSP Uses & Output
FTSP is used to facilitate the following:
• Identify future opportunities, barriers & risks
• Critical thinking into long term development
• Participatory engagement
• Shaping the future through policy intervention & creation