HORIZON SCANNING The Investment Litmus Test Clothing & Textiles Industries.
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Transcript of HORIZON SCANNING The Investment Litmus Test Clothing & Textiles Industries.
HORIZON SCANNINGThe Investment Litmus Test
Clothing & Textiles Industries
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An orderly methodHere 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)
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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.
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SOCIAL SegmentMaslow’s Hierarchy of Human Needs
Creativity
Respect
Acceptance
Comfort
SurvivalIf 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
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Human Need: High quality textiles from sustainable sources
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APPROACH Segment
What to do if your human needs are being frustrated?
NEED APPROACHSurvival Flee, Fight,
Comfort Build, Adapt
Acceptance Join, Communicate
Respect Learn, Teach
Creativity Design, Invent
Perhaps support certification of textile products in accordance with sustainable practices goals.
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TECHNOLOGY SegmentHow to make a successful approach re-useable & reliable?
Research into consumer preferences may lead to better consumer awareness of sustainability issues.
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ECONOMIC SegmentHow does the technology improve the quality of life?
Research into consumer preferences may improve the choices available in textile products
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RESOURCES SegmentWhat are the human and natural resources required to sustain the economic
activity? – Hydrocarbons & Internet to start with
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POLITICAL SegmentThe textiles industry supply chains have political intersections between
the regulators and suppliers of the various resources.
Textiles manufacture has deep cultural roots.
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LEGAL SegmentTextile manufacturer working conditions require detailed regulation for their success. Occupational health and safety issues are important.
Many textiles are flamable.
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INTERNATIONAL SegmentHow are differences between international systems resolved?
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DEMOGRAPHIC Segment
What is the impact of economic success of chemicals manufacturing on population mix and location?
In the case of China, the textiles industry has supported development activities of all kinds. These have resulted in migration towards the east coast.
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ENVIRONMENT SegmentWhat is the impact of economic success of building on the
natural and the built infrastructure? It seems that textiles, particularly from hydrocarbons, may be a significant polluter.
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Next steps: Identify the future event labelsHere are some examples of our document search:
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Next steps: Identify the future event labels