Global Business Network

Global Business Network (GBN) was a[1] consulting firm that specialized in helping organizations adapt and grow in a changing world. The firm was particularly well known for using tools such as scenario planning and also offered experiential learning with networks of experts and futurists (dubbed "Remarkable People", or RPs).

Global Business Network
IndustryConsulting
Founded1987 (1987) in Berkeley, California, United States
Founders
DefunctJanuary 2013 (2013-01)
FateAcquired by Deloitte
Headquarters
San Francisco
,
USA
ParentMonitor Deloitte

GBN advised businesses, non-profits, and governments on how to address critical challenges and anticipate possible trends that could shape the future.

Originally an independent firm, GBN became part of the Monitor Group in 2000, which was in turn acquired by Deloitte.[2][3][4] GBN was based in San Francisco and had offices in New York City, London, and Cambridge, Massachusetts.[5]

History

GBN was founded in Berkeley, California, in 1987 by a group of entrepreneurs including Peter Schwartz, Jay Ogilvy, Stewart Brand, Napier Collyns, and Lawrence Wilkinson.[5] The company grew to include a core group of "practice members", and over a hundred individual network members (or "RPs") from a range of different fields, such as Wired editor Kevin Kelly,[6] social media expert Clay Shirky, anthropologist Mary Catherine Bateson, economist Aidan Eyakuze, musician Brian Eno, biotechnologist Rob Carlson, and China scholar Orville Schell.

For its first 15 years, corporate clients would pay an annual subscription of up to $40,000 to become members of GBN's "Worldview". In return, they received exposure to the network of experts, were invited to workshops and interactive meetings to explore emerging trends and alternative futures, while gaining access to training seminars, a private website, and the GBN Book Club, offering a selection of literature about future issues each month.[7][8][9] After its acquisition by Monitor in 2000, GBN soon stopped offering this membership service, concentrating instead on scenario-based consulting and training.

Before GBN, Peter Schwartz had been employed at SRI International as director of the Strategic Environment Center; following that, he took a position as head of scenario planning at Royal Dutch/Shell, from 1982 to 1986,[10] where he continued the pioneering work of Pierre Wack in the field of scenario planning.

GBN ceased to be an active entity following the acquisition of the Monitor Group by Deloitte in January 2013.[11]

Scenario planning

Unlike forecasting which extrapolates past and present trends to predict the future, scenario planning is a process for exploring alternative, plausible, possible futures and what those might mean for strategies, policies, and decisions. Scenario planning was first used by the military in World War II and then by Herman Kahn at RAND (“Thinking the Unthinkable”) during the Cold War, before being adapted to inform corporate strategy by Pierre Wack and other business strategists at Royal Dutch/Shell in the 1970s. The key principles of scenario planning include thinking from the outside in about the forces in the contextual environment that are driving change, engaging multiple perspectives to identify and interpret those forces, and adopting a long view.

References

  1. Garreau, Joel. "Conspiracy of Heretics". Wired. ISSN 1059-1028. Retrieved 2022-09-22.
  2. Levin, Josh (2009-08-03). "How is America going to end? The world's leading futurologists have four theories". Slate Magazine. Retrieved 2022-09-22.
  3. "Deloitte Completes Acquisition of Monitor's Global Strategy Consulting Business | Deloitte Switzerland | Press Release". Deloitte Switzerland. Retrieved 2022-09-22.
  4. "Deloitte Acquires Monitor Group (and thus, GBN) | Strategic Innovation Lab (sLab)". slab.ocadu.ca. Retrieved 2022-09-22.
  5. "Where We Started". GBN.com. Archived from the original on January 5, 2010.
  6. Turner, Fred (2006). From counterculture to cyberculture: Stewart Brand, the Whole Earth Network, and the rise of digital utopianism. Chicago: University of Chicago Press. p. 203.
  7. "Long Boom or Bust". The New York Times. June 1, 1998.
  8. GBN Book Club Selections. Archived from the original on October 10, 2007.
  9. GBN Members. Archived from the original on January 28, 1999.
  10. Long Boom or Bust. The New York Times.
  11. "Deloitte completes acquisition of Monitor's global strategy consulting business | Deloitte US | Press release". Deloitte. Retrieved March 10, 2016.

Further reading

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