Wednesday, February 9, 2011

Future Consequences

Identify and forecast the various consequences of an action. You could identify the impact of a holiday resort in a forest. This could be:

· Improving the bottom line of the company

· Damaging the environment.

· Harming the health of the employees.

Sometimes the immediate impact on the company may be great, resulting in short-term profits. However, the long-term impact could be disastrous, creating many dissatisfied customers.

This is a forecasting tool which forces people to think of consequences in the following areas:

Future consequences:

Consequences

1 month

6 month

1 year

5 years

Economic

Consequences

Social

Consequences

Environmental

Consequences

Political

Consequences

Emotional and

personal

Consequences

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