Swedish election 2014 and a long term forecast

Back in January, I made a long term forecast of the election result in the next four elections until 2026. This is an update.

Accuracy of previous forecast

Compared to my forecast, the left did poorly. I had expected 50% and they received 47%. (I have included V, FI, S, MP in the calculation.) The right (KD, C, FP, M) performed as expected. The nationalists (SD) received 13% compared to an expected 10%. (All data rebased on the share of the top eight parties. All parties are described as left-wing or right-wing. Swedish politics is organised into three camps; the left-wing (socialists), the right-wing (non-socialists), and the nationalists.)

More generic strategies

The objective of the strategy possibility frontier is to graphically show two generic sources of competitive advantage, non-price uniqueness and low cost. By placing all companies in an industry in the chart it is possible to spot weak and strong low cost strategies. However, the model has a problem differentiating between good and bad non-price uniqueness strategies. There are several ways to be unique, but not all unique positions are valued by the customers.

Elliott Jaques's strata theory and politicians

The objective of this post is to introduce an interesting theory about organisations and apply it to political systems. Elliott Jaques was an academic that studied organisational behaviour. Most of his research was done outside mainstream academia, which means that there is not a great deal of high quality published, empirical work validating his ideas. I do not know much about his background, but I am aware that many academics consider his ideas unacceptable on political grounds. That is enough to scare a lot of potential researchers away. His sin was probably to imply genetic differences between individuals and to praise hierarchy. I have always found the theory fascinating for its potential implications.