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FUTURISTIC GURU

Space Tourism: An Adventurer’s Dream

  This video showcases what space tourism is at currently and what we expect it to be in the near future. Space tourism is human space travel for recreational purposes, and different types of space tourism exist; orbital, suborbital, and lunar space tourism. There is a growing possibility for a more adventurous escape to the stars in the future which gives way to space tourism for everyone and not just for the few billionaires. Currently, space tourism is in its infancy, and only a few billionaires and celebrities have made it to space for vacation, given the high cost of embarking on such a vacation. However, within the next 10 years, space tourism is expected to boom. The rapid development of the internet and technological advancements in the space industry with the involvement of the private sector companies like SpaceX, Virgin Galactic, Blue Origin, Space Perspective, and Axiom Space will make the dreams of an ordinary man going on vacation to space a reality. The video also ...

Sociotechnical Plan for Space Tourism

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Space tourism refers to any commercial activity that offers customers direct or indirect experience with the outer space for pleasure or recreation  (Ferreira-Snyman, 2014) . In this era of the coronavirus, there was a collective feeling of missing out on the way we live our lives as remote work and shopping became very popular. As a result, people missed out on their routine activities such as taking vacations with friends and family, going out for sport games to name a few. This gave us the edge to look for convenient avenues we could escape to when the world becomes chaotic, as it is often said ‘necessity is the mother of invention’  (Tomassini et al., 2021) . There is a growing possibility for a more adventurous escapes to the stars in the future thereby giving way to the idea of space tourism for everyone and not just for the rich few. Space tourism is human space travel for recreational purposes, and different types of space tourism exist; orbital, suborbital, and lunar ...

The Rise and Fall of Toys “R” Us

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  Retrieved from alamy.com Toys “R” Us founded in 1948 by Charles Lazarus, was one of the world’s leading retailers of kid’s toys, educational products, baby merchandise, and other children’s products (Forbes, 2022) . This store was the leading toy chain store in the United States in the 80s and 90s. This baby toy chain store enjoyed a significant market share within the United States as its concept of having specialty mega toy and baby products aligned perfectly with the demand in the American markets. Going national, Toys "R" Us quality and affordable products drove many other toy retailers out of business. However, by the early 2000s, the tables turned and the once-mighty toy giant was no longer the nation’s premier retailer for toys. High discounted retailer chains, Walmart and Target and online sites like Amazon, together with other smaller retailer shops, brought better quality and more affordable toy products to the market thereby beating Toys "R" Us in marke...

Serendipity, Error, Exaptation and Innovation

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  In the world today, there are several products and services we use in our everyday lives that came from an unexpected fortunate discovery and errors. Serendipity is an unsought, unintended, or unexpected but fortunate and desirable discovery that is of great benefit and happens by accident. Serendipity is the right word to describe accidental inventions. An incredible invention that is very beneficial to society and came about by accident is the invention of champagne. Champagne discovery is associated with the cold winter temperatures in the northeastern region of France, where champagne was first created. In producing wine, the cold temperatures in the winter often interrupt the fermentation process of the grapes, leaving dormant yeast cells, which will awaken in the spring when temperatures get warmer and start the fermentation process all over again. The byproduct of this fermentation process is carbon dioxide which remains trapped in the bottled wine, causing intense pressur...

Scenario-Based Planning and Innovation

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                                                                                  Scenario-Based Planning The uncertainties of future business trends in different industries leave business leaders searching for strategies to understand and anticipate possible disruptions to business operations and prepare to successfully sail through uncertainties in the future. Thus, to determine the future, most organizations use scenario planning and forecasting models to predict and prepare for what may happen in the future. In the article ‘How (In)accurate Are Demand Forecasts in Public Works Projects: The Case of Transportation’, the author emphasized that even though most transport organizations spend enormous money on transportation infrastructure, they h...

Scenario Planning and Traditional Forecasting

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  The impact of Covid-19 on businesses has left business leaders in a search for strategies to understand and anticipate possible disruptions to the business environment and how to prepare effectively and successfully sail through uncertainties in the future. Thus, to determine the future, especially within a business environment, scenario planning and forecasting are used to predict and prepare for what may happen in the future. Even though these terms are sometimes used interchangeably, they are different techniques with different meanings. Scenario planning involves the identification of different possible paths that could lead to the future, taking into consideration the changing market conditions. Scenario-based planning is a process of decision-making widely used by professionals and decision-makers to plan and respond dynamically to an unknown future. Thus, scenarios planning provides a coherent and credible alternative about the future (Cornelius et al., 2005) . With scen...

Accidental Inventions

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  In this world today, there are several products and services we use in our everyday lives that came from mistakes or accidents. Thus, serendipity, an unsought, unintended, or unexpected but fortunate and desirable discovery of great benefit and happens by accident or luck, is the right word to describe accidental inventions (Dictionary.com, n.d) . Some incredible inventions that have occurred over the years and are very beneficial to society include the invention of champagne, chocolate chip cookies, and microwaves. The focus of this discussion will be on the accidental discovery of champagne. Champagne Champagne is a well-loved variety of sparkling white wine that originated from the champagne wine region of France. This sparkling white wine is produced according to some specific rules that require the execution of specific vineyard practices, including sourcing the grapes from specific locations, specific grape-pressing methods, and the use of secondary fermentation proce...