Black swan surprises and teaches

Nature survives without man, but man can't survive without nature.

The Black Swan has arrived again

It came uninvited, unpredictably, unsolicited – a global Covid-19 virus that spreads in various variants and is potentially the new normal in western countries as well. The situation and controls will be tackled through the actions of governments. The economy will fall first until market rates quickly load up expectations of the future. Some industries benefit, for some the situation is disastrous.

Is this going to be the new normal and which way it's going to go? Are responsibility, humanity and communality increasing in a changed operating environment?  The earth's intermediate figure has accelerated to 7.7 billion and we are constantly spending its resources unsustainably. Climate change, the depletion of natural resources and the loss of biodiversity are the greatest global threats of our time. For the above reason, nature and the globe can be considered as important stakeholders for companies. Future generations and nature are now waiting for the debt to be repaid.

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Black swans among us

Black swans do not arrive in vain in the lives of people and nations, but always have some important message to bring. In decision-making, the possibility of the appearance of the "Black Swan" is often ignored. The black swan is a metaphor that means a surprising event with a wide impact that was not believed to be possible. Trends breakages are then always big surprises. Our state decision-makers also often act as if black swans did not exist. Black swans are major disasters or other significant and surprising twists that cut the flow to events considered normal. Examples include the collapse of the Soviet Union, the stock market crashes, the spread of the Internet, the attack on the Twin Towers of New York, the tsunami in the Pacific Ocean and now the Covid pandemic are black swans.

Anticipation of the future is the insurance of companies for the future

How can companies prepare for black swans or nasty surprises? By taking out insurance? A private person can take out insurance for a fire. The company's way of putting out fires is a way not only to convince a valuable business, but also to anticipate the future. In addition to research use, the Delfoi future method is suitable as an organizational development tool, which is used, for example, in the strategy work of a company or organisation, in monitoring the operating environment, in anticipating a company or industry, or in participatory decision-making, for example. It enables the company to continuously and systematically strive to improve its operations and anticipate its operating environment.

How to anticipate the future

A study on future foresight has been carried out in Visoko; Strong environmental values and a connection to sustainable business. Learn more about what findings a company can anticipate in its own company, industry, operating environment the following twelve themes and prepare for the future in its operations.

Read more about these themes in the summary of the report:

Environmental responsibility has already become a hygiene factor
Big investors point the way for climate change mitigation
Certificates as part of the solution
Ethical consumption
Demographics are changing and competition for able-bodied workers is getting tougher
Urbanisation and light pollution are part of environmental challenges
Technology blends in with everything
Global competitive advantage from sustainability
Redefinition of work in the future
From the ownership economy to the sharing economy
Sustainable well-being indicators
Ecosocial civilisation

The study has been carried out for the benefit of companies to mirror their business operations to 2030, taking into account megatrends (Sitra et al).

Download the abstract from the https://visoko.fi website free of charge.

Will climate change and the protection of nature finally be taken into account? Climate change is real and we are living with its criticality and urgency. They're looking for a nature connection again. Is deepening the nature connection perhaps the key to revising values? The black swan brought a valuable message. Shall we accept it? It's time to get down to business.

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