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HORIZON SCANNING The Investment Litmus Test. Packaging Industries. An orderly method. Here we use the SATERPLIDE acronym to prompt the scan for future events and their consequences. The segments are: S ocial (See Maslows’s Hierarchy of Human Needs)
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HORIZON SCANNINGThe Investment Litmus Test Packaging Industries
An orderly method Here 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)
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.
SOCIAL Segment Maslow’s Hierarchy of Human Needs Problem Solving What do you know? Observing local customs A roof over your head If your life is at risk, you may compromise on the items above survival
Human Need: Reliable access to high quality packaging products.
APPROACH Segment What to do if your human needs are being frustrated? Develop ways of improving the availability of high quality packaging
TECHNOLOGY Segment How to make a successful approach re-useable & reliable? How to make improved technology widely available? It seems the use of plastics keep improving.
ECONOMIC Segment How do the improved packaging operations improve the quality of life? - By providing high quality jobs.
RESOURCES Segment What are the human and natural resources required to sustain the economic activity? – People and energy and to start with
POLITICAL Segment The Packaging industry supply chains have political intersections between the regulators and suppliers of the various resources. The World Economic Forum assists with exchange of political views
LEGAL Segment Packagingindustry operating procedures require detailed regulation for their success.
INTERNATIONAL Segment How are differences between international systems resolved?
DEMOGRAPHIC Segment What is the impact of economic success of the Packaging industries on population mix and location? In the case of China, the Packaging industries have supported further development activities of all kinds. These have resulted in migration towards the east coast.
ENVIRONMENT Segment What is the impact of economic success of Packaging industries on the natural and the built infrastructure? The industries need energy, which can be a major polluter.