Launched by The Futures Strategy Group and Rhumb Line LLC NEW LONDON, Conn., Sept. 24
NEW LONDON, Conn., Sept. 24 /PRNewswire/ -- The Futures Strategy Group LLC
and Rhumb Line LLC today announced the launch of the Arctic Futures Initiative
(AFI).
The Initiative is a specialized consulting service for executives who need
to make critical decisions in the face of potentially far-reaching
change-environmental, economic and political -- in the Arctic region. It
employs a proprietary AFI multiple-scenario approach to evaluate opportunities
and manage risk in alternative global contexts.
"In 2008, for the first time in recorded history, both the Northern Sea
Route over Eurasia and the Northwest Passage over North America, sought for
centuries by explorers, are open simultaneously," says Dr. Scott Borgerson,
AFI partner, Rhumb Line principal, and Arctic expert with the Council on
Foreign Relations in New York. "Some scientists say the Arctic Ocean could be
ice-free in summer in five years. This situation affects producers, consumers
and shippers far beyond the Arctic itself, and will soon force leaders to make
important decisions under conditions of great uncertainty. AFI offers both
Arctic/maritime expertise and an effective, proven analytical framework to
make these tough decisions."
AFI is a marriage of deep subject-matter expertise with broad
strategy-development experience. Rhumb Line's principals have written and
consulted extensively on Arctic and global shipping issues. The Futures
Strategy Group has decades of experience in scenario-based strategic planning
in transportation, natural resources, government, military, foreign policy and
corporate innovation.
"No one doubts the immense economic potential and strategic value the
Arctic holds, for nations, shipbuilders, ocean carriers, natural resource
companies, investors and others," Borgerson says. "But even experts cannot
predict how the current rapid retreat of Arctic Ocean sea ice, and human
reactions to that, will play out in coming years. This is why executives must
employ an approach that allows them to examine the fullest range of
possibilities in depth."
"The rapid pace of change in the Arctic will set many organizations back
on their heels and cause them to make uninformed, needlessly risky
decisions-or fail to act on opportunities," says Charles Thomas, of AFI and
the Futures Strategy Group. "AFI helps organizations to avoid the traps and
position themselves for leadership by rehearsing the future before it
happens."
Contact information:
Peter Kennedy Dr. Rockford Weitz
The Futures Strategy Group LLCRhumb Line LLC
+1-860-649-7737 +1-617-359-4208
pkennedy@futurestrat.com info@rhumb-line.com
www.futurestrat.com www.rhumb-line.com
SOURCE The Futures Strategy Group LLC; Rhumb Line LLC
