Private Banking and Wealth Management Futures 2030: Greater China Perspectives

This book explores the differences between forecasting and foresight in strategic design, drawing insights from a futures study for the Financial Services industry. It demonstrates a design-inspired foresight approach for designers and interdisciplinary innovation teams to help envisage preferable futures. The book highlights the value of design futures thinking as a creative and divergent thought process to respond to organizational reforms in a rapidly evolving business environment.

Format: Paperback / softback
Length: 53 pages
Publication date: 19 June 2021
Publisher: Springer Verlag, Singapore

This captivating book delves into the intricate realms of forecasting and foresight in strategic design, offering invaluable insights drawn from a comprehensive futures study. It serves as a valuable guide for designers and interdisciplinary innovation teams, who are increasingly tasked with envisioning preferable futures. Through practical demonstrations in applied research, the book showcases a 2016 Futures Study for the Financial Services industry, spanning from 2016 to 2030. Recognizing the inherent risks associated with uncertainty, the Financial Services sector emerges as a vital cornerstone of economic activity in various markets, including Greater China. Within this sector, there are profound drivers of change driven by consumer behaviors, emerging technologies, and disruptive business models. While the financial services industry serves as an ideal case for design-inspired foresight, the primary objectives of this book are to establish the distinct differences between traditional forecasting applications and a design-inspired foresight visioning approach as strategic design activities for selecting preferable futures.

Moreover, this book underscores the significance of design futures thinking as a creative and divergent thought process, possessing the potential to respond to the broader organizational reforms required to thrive in today's rapidly evolving business environment. By exploring these perspectives, the book empowers readers to navigate the complexities of the future and make informed decisions that shape a more promising and sustainable future.

Weight: 454g
Dimension: 235 x 155 (mm)
ISBN-13: 9789811633942
Edition number: 1st ed. 2021