For all forward-looking organizations it is becoming increasingly imperative to set up dedicated resources to project and imagine possible futures that can be experimented with and tested out to support better long-term strategic decisions.
Using design-thinking techniques, such as scenario-based thinking, it is possible to create situations and scenarios that help us understand possible futures by "visiting" them. We have created a tool that helps us explore the future. It teaches us how to use and democratize collective imagination. We call it the UBS Y Vision Cone. Using the Vision Cone we don't just try to predict the future, but to explore possible developments, scenarios and futurescapes. The aim is to present visions, scenes, complex descriptions of possible situations and then walk back in time to the present and experience a journey we call "reverse engineering of the future." It helps us trace the steps to walk toward those visions. But how can we know what the future will hold us if we can’t predict it? Sounds complicated, right? Don’t worry, here is how the Vision Cone works.