Weak signals to watch

October 20, 2016 11:09 AM
 

Attendees at the 2016 Fall Educational Forum learned the importance of identifying and tracking "weak signals," which function as early warning signals of change. Throughout the Forum, presenters and attendees cultivated a list of possible weak signals to watch over the next few years, including:

  • Difficulty recruiting new staff to pools and public entities
  • New cyber security threats related to blockchain and crypto currencies - and, specifically, interruption to public entity operations as a result
  • Poverty pockets within communities
  • Wrongful incarceration claims
  • Solvency II
  • Negative interest rates
  • Claims under the Fair Housing Act
  • Negative perception of local government credibility and impacts on community engagement
  • Continued increase in digital transactions
  • Augmented reality
  • Legalized recreational marijuana
  • Increasing severity and frequency of storms, droughts, and other climate events
  • Wearable technology
  • Licensing and certification requirements for public employees
  • Insurance companies buying pools
Pools are encouraged to monitor these issues and continue building familiarity to address them, should they become more prominent or urgent.
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