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Jan 31, 2024 · Leaders, forget your crystal balls and your chessboards. Strategic foresight is effective, it’s within your reach, and it will help you navigate the next waves of disruption and transformation. Strategic foresight positions companies to survive and thrive amid uncertain conditions, whether due to economic disruption or innovations such as AI.
The practice of strategic foresight offers a solution. Its aim is not to predict the future but to help organizations envision multiple futures in ways that enable them to sense and adapt to change.
Mar 1, 2017 · Linking foresight methods to strategic decision making, one would expect that a theory of strategic foresight is a theory that uses as its reference points the main schools or perspectives of strategic management, organizational economics, decision sciences, psychology, or sociology.
- Jon Iden, Leif B. Methlie, Gunnar E. Christensen
- 2017
Strategic foresight happens when any planner uses scanned inputs, forecasts, alternative futures exploration, analysis and feedback to produce or alter plans and actions of the organization. [4][5] Scenario planning plays a prominent role in strategic foresight. Strategic planning always includes analysis, but it may or may not involve serious ...
Strategic foresight is the systematic exploration of multiple plausible futures to inform present decisions. It is especially valuable when traditional risk analysis and forecasting approaches have their limits. Strategic foresight includes multiple methods that can be complementary. For example, scenario planning includes
Jan 12, 2024 · Strategy and foresight were once the same discipline. And they should be again. The immediacy of day-to-day operations can lead to a strategic process that is more about ticking boxes and filling ...
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What is Strategic Foresight & why is it important?
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Oct 13, 2020 · One great elevator-pitch definition of foresight, taught to me by Peter Bishop, past director of the U. Houston Strategic Foresight MS, is that “foresight is anything we do prior to strategic planning.” This isn’t a perfect definition, as strategy is also a critical part of foresight, but it is a great introduction to the need for well designed and rewarded foresight practice.
