Lessons From General Growth Properties: The Future Of The ...
Lessons from the Future
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Lessons from the Future
sustainablefuture.info
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I. What is Acceptable?II. What is Possible? III. What should we Focus On?IV. What are the Obstacles?
Four Questions
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Numbers
a thousand in a pinch
a million in a cup
a billion in a bathtub
a trillion in a classroom
a quadrillion
in 10 football fields,covered 6 feet deep
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Strategic Knowledge
Data
Information
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Steps Towards Scenarios
1. Define project parameters, trends, driving forces, assumptions
2. Explore uncertainties and rank3. Build scenario worlds, write stories, test4. Use, consider implications, review,
communicate
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Futures Studies
Probable futures: forecasting and sometimes prediction (Status Quo)
Possible futures: scenarios, risks (Explorative)Preferred futures: strategies and agendas for
change, propelled by innovation and leadership (Visionary)
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Sustainable Future: Project 2058
1
3
2030 2058
Scenarios
Possible
Probable
Possible
2008
2
4
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Wild Cards
15. Pandemic16. Tsunami17. Drought18. Volcanoes and earthquakes19. Astronomical events 20. Extreme weather21. Terrorism, Biological and chemical warfare
Global Drivers of Change
8. Political systems and institutions9. Economic models10. Management of ecosystems and resources11. Infrastructure12. Security and conflict13. Technology14. Information, learning and ideas
Secondary Change Agents
1. Climate change2. Population and demographics3. Ecosystems and biodiversity4. Energy5. Resources6. Values and beliefs7. Justice and freedom
Primary Change Agents
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Climate Change – New Zealand
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2008
20582008
In 2008, 3 billion make $2 or less per day.
In 2058, the developed countries and China grow old – while Africa remains young.
2008
2058
Climate Change & Demography –Global
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Demography – New Zealand
But New Zealand experiences one of the highest rates of combined immigration and emigration (population turnover) in the world.
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Demography – New Zealand
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Technology – Global
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The US Department of Energy's Oak Ridge National Laboratory Computer can crunch a ‘quadrillion’calculations per second!
If everyone in the world performed one mathematical calculation per second, it would take 650 years to do what this machine can do in one day.
Technology – Global
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In the last fifty years, car ownership has almost quadrupled…
Technology – New Zealand
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When U.S. forces went into Iraq in 2003, they had zero robotic units on the ground.
By the end of 2004, the number was up to 150.
By the end of 2008, it was projected to reach as high as 12,000. And these weapons are just the first generation.
Security & Terrorism – Global
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Economic Risks – New Zealand
1967-69 Wool bust1930 2010
1930-34 Great Depression
1979-82 Second oil shock
1974-77 First oil shock
1991-92 Recession
1997-99 Asian Crisis
2008-? Current recession
1970 1980 20001990
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The biggest destruction of global wealth ever?
$3 trillionLost output
$4 trillionHousing
$30 trillionEquity Markets
$2 trillionCredit-related losses
Value loss(est. $US)
Economic Risks – Global
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Domestic credit growth
0
5
10
15
20
25
2004 2005 2006 2007 2008 2009
APC
AgricultureBusiness
Household
Economic Risks – New Zealand
Annual Percent Change
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38
13
4
Years it took to reach a market audience of 50 million
Information & Ideas – Global
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The world does manage its strengths, weaknesses, opportunities and threats
The world does not manage its strengths, weaknesses opportunities and threats
New Zealand does manage its strengths, weaknesses, opportunities and threats
Scenario 1: Power to the People
New ZealandWorld
Scenario 2: An Island Paradise: but Back to the Jungle
New ZealandWorld
New Zealand does not manage its strengths, weaknesses, opportunities and threats
Scenario 3: Missed the Global Bus
New Zealand World
Scenario 4: All Over Rover
New ZealandWorld
Our Methodology
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ScenarioMatrix
…the World does
manageits opportunities
and threats
…the Worlddoes not manage
its opportunities and threats
New Zealanddoes
manageits strengths and
weaknesses and..
New Zealand does not manage
its strengths and weaknesses and…
Our Findings
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What to Watch For?
1. Fortress Mentality2. Disparities3. Leadership4. Ethics
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1. Fortress Mentality• $1 trillion pa Illicit Trade
• 150 unauthorised use of nuclear or radioactive materials in the last 4 years
• 20,000 active nuclear weapons
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2. Disparities
TotalHuman Development
Index
IncludesEducation Index
IncludesDisparity of income
(ratio of richest 10% to poorest 10%)
IncludesRST expenditure
(% GDP)
IncludesGDP (per capita)
1. Iceland (0.968) 1= Australia (0.993) 1. Japan (4.5) 1. Israel (4.46) 1. Luxembourg (60 228)
3. Australia (0.962) 1= New Zealand (0.993) 42. Ireland (9.4) 20. Australia (1.70) 16. Australia (31 794)
19. Italy (0.945) 6. Norway (0.991) 64. Macedonia (1.25) 25. Russia (1.17) 27. UAE (25 514)
20. New Zealand (0.944) 12. Ireland (0.978) 65. New Zealand (12.5) 26. New Zealand (1.16) 28. New Zealand (24 996)
21. UK (0.942) 18. UK (0.970) 66. Australia (12.5) 27. Ukraine (1.16) 29. Greece (23 381)
177. Sierra Leone (0.336) 177. Burkina Faso (0.255) 126. Bolivia (168.1) 91. Peru (0.10) 174. Malawi (667)
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3. Leadership Global trends in governance, 1946-2007
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4. Ethics
Example 1: Economic
G20 summit must make the moral case for capitalismThe privatisation of gains, but the socialisation of losses, or what the Governor of the Bank of England calls "moral hazard" – is at the heart of popular anger.
It is an issue which must be addressed: bankers developed a culture of reckless risk with our money in part because they believed that, if things went wrong, the Government would step in and bail them out.
In the long term, "moral hazard" is not a feasible basis on which to run an economic system. What should it be replaced with? One temptation that needs to be firmly resisted is the idea that the panacea of our economic ills is more government control of the economy.(Source: Telegraph UK, 9 March 2009)
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N.J. Senate committee approves increase in fines for ocean medical
waste dumping
A New Jersey Senate committee has approved a bill that would double the
fines for a host of medical waste violations.
(Source: The Associated Press Monday March 16, 2009)
This 2004 photo shows Dr. Thomas McFarland with his wife, Joanne, on the pier at their home in Avalon, N.J. McFarland, a suburban Philadelphia dentist. Doctor McFarland was charged on Sept. 5, 2008 for dumping medical waste that fouled beaches in Avalon.
Example 2: Social
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Example 3: Environmental
The total volume of Transuranic Radioactive Waste and contaminated soil is estimated at around one million cubic meters. It will remain harmful after 24,000 years. The graph provides the projected amount of waste to the year 2015. The map, the proposed storage site for up to two million cubic meters.
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III. There is no Silver Bullet…
so what should we focus on?
1. Land2. Isolation 3. Infrastructure4. Community5. Attitude6. Networking
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Land Cover
Exotic grass-land
Settlement and crops
Exotic forest
Main periodof Maori expansion
100
60
0
80
Tota
l lan
d ar
ea (%
)
20
40
1000 1200 1400 1600 1800 2000
Alpine zone
Tussock
Scrub, wetlands and dunes
Native forest
Main periodof European expansion
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Total number of livestock per country per person as at 30 June 2007
(Includes all cattle, sheep, and pigs)
0
2
4
6
8
10
12
14
NewZealand
Australia Ireland Brazil UK France China USA India
Total number per person
Livestock
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CompositionofExport (Goods)
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Destination of Exports (Goods)
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IV. What are the Obstacles?
1. Our Mindset2. Relevant Information3. Space for Long-Term Thinking4. The Recession
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Level of public spending on agricultural R&D in New Zealand compared to Australia
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Initiatives to progress long-term thinking in New Zealand
1976‐1982 Commission for the Future
2009 National Job Summit convenes in Auckland
2008Morrison and Co. launches One Goal online project
1991 Porter analysis – Upgrading New Zealand’s Competitive Advantage –concludes there is a need to build consensus to improve prosperity
2001 Knowledge Wave conference recommends the “creation of a widely shared vision for New Zealand”
Number DurationNational Job Summit 210 participants 1 dayOne Measurable Goal project 112 comments 3 monthsProject 2058 19 publications 3 yearsKnowledge Wave 450 participants 3 daysCommission for the Future Over 20 publications 6 years
2007‐ present Sustainable Future’s Project 2058 aims to develop a national strategy
2010200019901980
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New Zealandneeds a
‘National Strategy’to optimise our future,to align our industry,
to reinforce our national brand andto be an example of what is possible
- not because we have to, but because we want what it can deliver
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