The TradeTech Paradox Connectivity Amid Fragmentation 2026
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Background
Peter Drucker said, “Knowledge is different from
all other resources. It makes itself constantly
obsolete.”15 Similarly, technological innovation,
by itself, is not a guarantee of success.
This exercise is a guided reflection designed to help
you systemically assess, using strategic foresight,
how resilient the technological innovations in this
report, as well as your own strategies, remain in the
context of different possible futures.
For guidance on the foresight exercise, please
click here.
Step 1
Strategic technology choices
(10 minutes)
This report has explored different trade
technologies. This exercise works with the following
three innovation categories:
1. AI for visibility – goods
2. Distributed ledger technologies (DLT)
for transparency and trust – data
3. Digital tools for trade finance and payments
– money
Imagine you are in a meeting with your team,
deciding which technologies you will invest in
to achieve your organization’s mission. Given
your limited budget and resources, which
two technologies would you prioritize for your
investment and why?
Step 2
Understanding scenario building
process (40 minutes)
This step focuses on scenario planning. While
multiple methods exist for building future scenarios,
the 2X2 matrix approach is highly popular.Here are the systematic steps for the process of
developing your own scenarios:
1. Define the scope and time horizon: Clearly
establish the area of focus (e.g. the future of
international trade) and the planning window
(e.g. 10 years).
2. Identify driving forces: Brainstorm and list
all major factors that will shape the future of
your area of focus. The social, technological,
economic, environmental and political
(STEEP) framework is an excellent tool for
comprehensive identification.
3. Select key driving forces: From the list, select
two forces to help develop your matrix based
on the following critical criterion: they must have
high impact and high uncertainty. Crucially, the
two selected forces must be independent of
each other.
4. Construct the matrix: Draw a two-by-two
matrix using two driving forces you selected as
the orthogonal axes. At each end of the axis,
add the extreme outcomes (e.g. high/low) of
your driving forces. This will create four distinct
quadrants. These quadrants must be mutually
exclusive and collectively exhaustive.
5. Develop scenarios: In 150 words or more,
describe worlds in which the conditions within
each of the four quadrants are met. Additionally,
give each scenario a vivid and compelling name
that captures its essence.
Example: Scenario-building application for the
future of international trade in 2035
Now, apply the process within the context of
this report. The defined scope is the future of
international trade in 2035. Out of the diverse
factors identified using the STEEP framework,
assume that “accessibility to technology” and
“openness in global order” have been selected as
the two key driving forces due to their high impact
and uncertainty.
The TradeTech Paradox: Connectivity Amid Fragmentation
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