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Change

In: Foresight and Innovation

Author

Listed:
  • Elina Hiltunen

Abstract

Change interests everyone, not only futurists. There are different theories through which we aim to explain how change happens in our society. There are different professions whose task is to find out what happens next. Economists aim to predict economic changes to the dot by using different models. Strategic decision-making aims to foresee the future in order to ensure that the investment decisions made currently are also valid in the future. Meteorologists use their own models to forecast heavy rain or sunshine for the following days. Those working in the fashion industry try to obtain information on what would be cooì in the next season. Estimation of the production volume for a product is dependent on the expected demand of the product in the future.

Suggested Citation

  • Elina Hiltunen, 2013. "Change," Palgrave Macmillan Books, in: Foresight and Innovation, chapter 1, pages 3-16, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-33770-2_1
    DOI: 10.1057/9781137337702_1
    as

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