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Our Journey and Process
1
Gathering the Signals and Trends
We enhance our understanding from our previous study on Youth Financial Literacy by doing lots of literature studies, visiting Gen Z’s hangout places and interview them, as well as talking to nine experts on multiple different fields to collect signals and trends that may affect Gen Z’s financial futures.
2
Synthesize the Findings
We do multiple rounds of synthesize, packing and unpacking the vast amount of data that we’ve collected from the step before to gain insights. We looked at the data from multiple angles to find interesting perspectives that we can use.
At the end of this rigorous activity, we came up with 5 different driving factors and generated 3 different future scenarios.
3
Feedbacks from the Experts
We talked to the Experts again to see if the futures that we provided aligned with their observation of the phenomenon today. Some of them agree and some disagree to the scenarios that we provided
4
Resynthesize and Reformulate
We did another round of synthesizing processes, repacking and reunpacking the data. Through these series of syntheses, we found the two main drivers and generated four distinct possible future scenarios from them.
In the middle of this round of syntheses, demonstration erupted in Jakarta and multiple other cities of Indonesia, showing strong agencies among Gen Z. This inspires us to rethink and reconsider our thoughts on the main drivers of their behavior.
5
Detailing the Emerging Scenarios
Having four scenarios, we build the world of each scenarios; we mapped the political, societal, environmental, technological, and economical situation; we imagined how Gen Z will live and how they’d behave in each scenario; we consider their source of income and how they spend their money as well as what products may emerge.
6
Disseminating the Work
Installations are made so that the viewers can immerse in each future scenarios. We run two dissemination sessions and guide the participants to identify what actions they can take today given the four future possibilities.
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