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Published byLeonard Robbins Modified over 9 years ago
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HORIZON SCANNING The Investment Litmus Test Auto Parts Industries 1
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An orderly method Here we use the SATERPLIDE acronym to prompt the scan for future events and their consequences. The segments are: Social (See Maslows’s Hierarchy of Human Needs) Approach (First response to an issue) Technology (Applying our innovation to reliable approaches) Economic (The benefits in productivity from technology) Resources (Human and Natural, required and consumed) Political (Ownership rights of tribes to resources) Legal (Administration of political resolutions) International (Resolution of international differences) Demographic (Population shift to better circumstances) Environment (Built by Humans and by Nature, our impact) 2
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An orderly method Note that there is a series of cause-and- effect relationships going around the circle. This discovery technique ensures thorough scanning in our due diligence process. 3
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SOCIAL Segment Maslow’s Hierarchy of Human Needs Creativity Respect Acceptance Comfort Survival If your life is at risk, you may compromise on the items above survival A roof over your head Observing local customs What do you know? Problem Solving 4
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Human Need: Minimizing auto accidents caused by distractions Mobile phone operation while driving is becoming too common 5
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APPROACH Segment What to do if your human needs are being frustrated? NEEDAPPROACH SurvivalFlee, Fight, ComfortBuild, Adapt AcceptanceJoin, Communicate RespectLearn, Teach CreativityDesign, Invent Design a mobile phone which cannot be operated by a person driving a vehicle 6
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TECHNOLOGY Segment How to make a successful approach re-useable & reliable? This has not yet been developed 7
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ECONOMIC Segment How does the technology improve the quality of life? People get to live longer, car repairs provide employment 8
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RESOURCES Segment What are the human and natural resources required to sustain the economic activity? The industry requires a large and skilled workforce, together with most minerals, many synthetic materials, many from hydrocarbons. 9
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POLITICAL Segment Who is responsible for protecting human life? Can solar batteries help reduce pollution? 10
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LEGAL Segment How are policies for safety belts administered? Are they optional? What are the safety regulations for transport of autos? 11
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INTERNATIONAL Segment How are differences between international systems resolved? Autos need to be built for the international system 12
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DEMOGRAPHIC Segment What is the impact of economic success on population mix and location? In the case of China, manufacturing activities of all kinds have resulted in migration towards the east coast. 13
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ENVIRONMENT Segment What is the impact of economic success on the environment, both natural and the built infrastructure? 14
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15 Next steps: Identify the future event labels
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