2 Introduction 2.1 Purpose of this Report This report has been compiled by Monitor Deloitte as part of the program to update the Port 2050 scenarios. The purpose of this report is to summarize the Port 2050 Scenario Update process, describe the feedback provided by those consulted throughout the process, and to describe the updated key drivers of change, scenario axes and scenario narratives. This report is intended to be used as an internal document for Port Metro Vancouver management. The information contained herein is expected to support the preparation of targeted internal and external communications about the updates, and to provide valuable insight for Port Metro Vancouver as part of its strategic business planning process. 2.2 Port 2050 Scenario Update Process: Overview and Background In 2010, Port Metro Vancouver embarked on a process to develop long term strategic scenarios, describing what the world and Vancouver gateway environments might look like in 2050. The process was highly collaborative in nature and engaged a wide range of representative parties with a stake in the future of the gateway. The outcome was a set of four scenario narratives which were presented to the public in the 2011 Spring Forum. Trends and factors with the potential to greatly influence the future were also identified as key drivers of change and the scenarios created through this process served as useful inputs for Port Metro Vancouver in developing its long-term strategy and in conducting its annual strategic planning process. The four scenarios were named: “The Great Transition”, “Rising Tide”, “Missed the Boat” and “Local Fortress”. Approximately four years have passed since the previous Port 2050 Scenario Planning process and Port Metro Vancouver has conducted another scenario planning exercise to test the continued relevancy of the scenarios and drivers of change through a collaborative process with stakeholders of the Vancouver gateway. Monitor Deloitte was engaged to assist Port Metro Vancouver in designing and delivering the program. 2.3 Port 2050 Scenario Update Process: Objectives and Approach The objectives of the Port 2050 Scenario Update process is consistent with those from 2010 when the first planning exercise was conducted. The goal has been to engage leaders of organizations with a stake in the future of the gateway to answer the following two key questions: • What is good growth for the gateway and its stakeholders? • What will the port look like in the next 20 and 40 years? The objective of this project in 2015 has been to ensure the key drivers of change and the scenarios continue to be relevant to Port Metro Vancouver and all interested parties involved in the future of the gateway including community groups, First Nations, Port Metro Vancouver customers, other industry and all levels of government. Port 2050 Scenario Update Initiative - 2015 4
![Monitor Deloitte - Final Report - Page 6](/cdn-cgi/image/width=600,quality=80,format=webp/https://cdn.relayto.com/images_originals/60700f6e2194f.jpeg)