Below is a more in-depth description of the Foresight Engine, to give a sense of context:
IFTF’s Foresight Engine drives engaged forecasting. It creates a fast flow of micro-forecasts from hundreds or thousands of participants in just a day or two. It’s all about focused insights and innovation—the discovery of social wisdom and outlier ideas.
At the start of an engagement, forecasters from around the world get a quick video briefing on a future scenario. Then they play cards: Twitter-length forecasts (140 characters or less) that represent their best thinking. They can start a chain of cards or they can build on cards that others play. It’s just what you’d expect from a Foresight Engine: rapid conversion of potential energy into ideas that can drive decisions.
Participants can track their favorite forecasters, watch the evolution of their ideas as others build on them, and monitor their standing in the leaderboard. They can create tags and follow forecasts that use those tags. In short, they can create their own personalized view on a fast-paced forecasting event.
Fun unlocks creativity – and that’s why game mechanics are also an important part of the Foresight Engine experience. Participants earn forecasting points for ideas that inspire conversation, and bonuses for moving the conversation in unexpected directions. Meanwhile, they unlock personal achievement badges, as they level up their own skills in future forecasting.
How will YOU use the Foresight Engine? You can use it to jump-start strategy, to find the brightest thought-leaders in your organization, to tap a worldwide audience and build a new global perspective. You can use IFTF’s Foresight Engine inside your organization for a strictly private affair or as a public platform for a wide-reaching, even global event. Whichever way you choose to use it, it can deliver all the benefits of engaged forecasting, bringing many voices to bear on your future.