Pakistan State of Future Index launched, next 10 years appear to be promising

Dunya News

This tool intelligently supports the decision-making process of key stakeholders.

PESHAWAR (APP) - The Pakistan State of the Future Index (PK-SOFI), inaugural study was launched by the Foresight Lab, a facilitative platform for communities of interest.

According to a press release issued here on Sunday, Pakistan State of Future Index is a 10-year future index composed of 30 variables that indicate if the future is getting better or worse, it shows 30-year trends of improvement and decline.

Each variable is forecasted based on 20 years of past data which are then further assessed for the best possible and worst possible values in 10 years.

Puruesh Chaudhary, Founder Foresight Lab and Founding President AGAHI said,“with this national study, Pakistan leads the region in futures research in public space, this is where this nation is winning; the dominating trend in the inaugural report indicates that the growth potential of the internet is significant,”.

This Index gradually builds confidence, which can help the decision-makers draft policy frameworks where technology could become the core element in ensuring the well-being of the people.

The State of Future Index was developed by the Millennium Project as an effort to measure the changing state of the future, this index shows whether the conditions, globally and nationally, promise to get better or worse.

Dr. Shahid Mahmud co-Founder Foresight Lab – CEO and Chairman Interactive Group of Companies highlighted that, PK-SOFI has the potential of becoming a very useful tool for objectively evaluating the direction Pakistan is heading.

This tool intelligently supports the decision-making process of key stakeholders, in order to make informed decisions and achieve optimal results.

Foresight Lab in collaboration with its partnering organizations and individuals came together for the compilation of the 2017 inaugural report.

More than a hundred Pakistanis participated in the Realtime Delphi Study; and over 20 academics provided their expert judgment on the variables selected.

The study has been scaled between sentiment and sensitivity benchmarks. The variables included in the study; these variables were further classified using the STEEP technique which covered the Social, Technological, Economic, Environmental and Political spheres.

PK-SOFI indicates some improvement of future for the people of Pakistan. This Index was computed in consultation with global futures professionals from the Millennium Project and in coordination with local experts from the Academic community in which included more than 18 universities nationwide.

As a result of this development, Jerome C. Glenn CEO and Co-Founder The Millennium Project said; PK-SOFI is now incorporated in to Chapter 2 of the Millennium Project’s major publication State of Future 19.0; which brings together an extraordinary set of data, information, intelligence and collective wisdom to the decision-makers, opinion leaders, researchers, and analysts.

The State of the Future improves readers’ global foresight. More than 60 Millennium Project Nodes participate in improving collective intelligence system on the future of the world.

The objectivfe of the Lab is to create and foster an ecology of Foresight perspectives in Pakistan and enable decision-makers to opt for appropriate policy choices and establish strategic narrative in support.

AGAHI in collaboration with its local partner Interactive E-Solutions is devising a customized model for computing Pakistan’s futures discourse which will have the ability to track the expected state of the future over time at National, Provincial and District levels.