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Corporate Foresight

Corporate Foresight
Author: René Rohrbeck
Publisher: Springer Science & Business Media
Total Pages: 240
Release: 2010-11-04
Genre: Business & Economics
ISBN: 379082626X

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Have you ever wondered why even large companies fail when faced with changes in their environment? Would you be surprised to learn that the average life expectancy of a Fortune 500 company is below 50 years? This book presents findings from 19 case studies in multinational companies such as Siemens, Volkwagen, General Electric, Philips and Deutsche Telekom. René Rohrbeck proposes a Maturity Model to assess how prepared a company is to respond to external (disruptive) change. He uses data from 107 interviews with board members, corporate strategists, innovation managers, and corporate foresight professionals to present and discuss best practices. Using illustrations to show the complex interaction of corporate foresight with other units such as innovation and strategic management, René Rohrbeck provides the reader with rich insights on how to make an organization agile and reactive towards change. For scholars this book proposes multiple hypotheses and frameworks for future research.


Corporate Foresight

Corporate Foresight
Author: Alberto F. De Toni
Publisher: Routledge
Total Pages: 234
Release: 2020-10-29
Genre: Business & Economics
ISBN: 1000216128

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The world changes like the patterns in a kaleidoscope: trends expand, contract, break up, melt, disintegrate and disappear, while others are formed. Change – as opposed to stasis – is our normal condition, the only certainty in our lives, hence the need to create tools that provide organizations with the means to tackle change and navigate complexity. We must accept the reality of constant change and be prepared for a heavy shift in perspective: interconnection versus separation, acceleration versus linearity and discontinuity versus continuity. Anticipating the future requires more than the traditional predictive models (forecasting) based on the forward projection of past experiences. Advanced methods use anticipation logic (foresight) and build probable scenarios taking into account weak signals, emerging trends, coexisting presents and potential paths of evolution. Corporate foresight is fundamental to interpret and lead change. The two cornerstones of foresight are organization and management. As concerns organization, the authors advocate the separation of research (oriented to the market of tomorrow) from development (oriented to the market of today), the establishment of a foresight unit and the concentration of research activities mainly on the acquisition and recombination of external know-how. As regards management, after an overview of state-of-the-art literature on forecasting methods, the authors propose the implementation of a "future coverage" methodology, which enables companies to measure and verify the consistency between trends, strategic vision and offered products. These organizational and managing tools are then tested in a case study: the Italian company Eurotech SpA, a leader in the ICT sector.


Corporate Foresight and Innovation Management

Corporate Foresight and Innovation Management
Author: David Sarpong
Publisher: Taylor & Francis
Total Pages: 159
Release: 2020-06-29
Genre: Business & Economics
ISBN: 1000145174

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This book sheds light on what has come to be known as corporate foresight and its influence on innovation management. Throughout the book, the contributors examine the practice of corporate foresight and how it may lead to the identification of opportunities for innovation. They also explore the complex processes and conditions that may enable (or impede) the potential of contemporary organizations to capture value from their corporate foresight exercises. Representing an interesting mix of competing ideas and perspectives, the book offers deep insights into the interactive effects of corporate foresight and its contribution to innovation management. This book was originally published as a special issue of Technology Analysis & Strategic Management.


Strategic Foresight

Strategic Foresight
Author: Patricia Lustig
Publisher: Triarchy Press
Total Pages: 188
Release: 2015-07-14
Genre: Business & Economics
ISBN: 1909470686

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This is a practical (field) guide to foresight and foresight tools for leaders in business, the public sector and NGOs, to aid their practice in strategy, decision making and change.


Futures Thinking and Organizational Policy

Futures Thinking and Organizational Policy
Author: Deborah A. Schreiber
Publisher: Springer
Total Pages: 435
Release: 2018-12-19
Genre: Business & Economics
ISBN: 3319949233

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This book proposes that organizational policies are what ensure the institutionalization and sustainability of futures thinking in organizations. It presents several case studies from corporations and other institutions that describe effective use of foresight methods and internal policies to respond to rapid change. The case studies address changing trends in technology, globalization and/or workforce diversity, and the impact on the economic and political well-being of the organization. The editors also develop an organizational capability maturity model for futures thinking as well as providing questions for discussion that promote critical review of each case chapter. This book will inform scholars and organizational leaders how best to utilize foresight methodologies and organizational policies to sustain successful management strategies within futures thinking organizations. Chapter 9 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.


Corporate Foresight and Strategic Decisions

Corporate Foresight and Strategic Decisions
Author: S. Marinova
Publisher: Springer
Total Pages: 368
Release: 2013-11-29
Genre: Business & Economics
ISBN: 1137326972

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This study investigates the relationships between corporate foresight and management decision-making processes in organizations. It provides an extensive analysis of extant theories of corporate foresight and strategic management, brings in new insights, and presents an in-depth case study exploration of corporate foresight of a European bank.


Small Business Foresight

Small Business Foresight
Author: Verne Wheelwright
Publisher:
Total Pages: 260
Release: 2020-10
Genre:
ISBN: 9780989263542

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Since the mid-1900s, large corporations have been using scenarios, strategic planning, and long term action plans to anticipate and prepare for their futures. Large businesses pioneered the methods of foresight for their own use, and those methods have worked very well for them. But... small business is different. The traditional methods for planning for the future didn't fit small business. Small Business Foresight is designed for small businesses. Written by a professional futurist with over 50 years' experience in small business, the tools and methods described and detailed in this book work. They are designed specifically for small business. Whether your business consists of just you, or includes dozens or even hundreds employees, these methods work! In this book, you will learn about the stages of business growth, the forces of change that impact your business, trends that guide the forces, the importance of scenarios (stories about the future and how to build them), the value of strategic thinking and planning, how to create a long term plan for your business based on the strategies you develop, and more. Much more. Small Business Foresight will help you build a plan for the future of your business.


Fit for Growth

Fit for Growth
Author: Vinay Couto
Publisher: John Wiley & Sons
Total Pages: 296
Release: 2017-01-10
Genre: Business & Economics
ISBN: 1119268532

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A practical approach to business transformation Fit for Growth* is a unique approach to business transformation that explicitly connects growth strategy with cost management and organization restructuring. Drawing on 70-plus years of strategy consulting experience and in-depth research, the experts at PwC’s Strategy& lay out a winning framework that helps CEOs and senior executives transform their organizations for sustainable, profitable growth. This approach gives structure to strategy while promoting lasting change. Examples from Strategy&’s hundreds of clients illustrate successful transformation on the ground, and illuminate how senior and middle managers are able to take ownership and even thrive during difficult periods of transition. Throughout the Fit for Growth process, the focus is on maintaining consistent high-value performance while enabling fundamental change. Strategy& has helped major clients around the globe achieve significant and sustained results with its research-backed approach to restructuring and cost reduction. This book provides practical guidance for leveraging that expertise to make the choices that allow companies to: Achieve growth while reducing costs Manage transformation and transition productively Create lasting competitive advantage Deliver reliable, high-value performance Sustainable success is founded on efficiency and high performance. Companies are always looking to do more with less, but their efforts often work against them in the long run. Total business transformation requires total buy-in, and it entails a series of decisions that must not be made lightly. The Fit for Growth approach provides a clear strategy and practical framework for growth-oriented change, with expert guidance on getting it right. *Fit for Growth is a registered service mark of PwC Strategy& Inc. in the United States


Managing the Future

Managing the Future
Author: Haridimos Tsoukas
Publisher: John Wiley & Sons
Total Pages: 240
Release: 2009-02-09
Genre: Business & Economics
ISBN: 1405142391

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In this book, leading authors explore ways in which organizationscan develop their ability to manage the future. An exploration of the ways in which organizations can developtheir ability to manage the future. Consists of ten papers written by authors from both sides ofthe Atlantic and from Asia, all of whom are distinguished scholarsin the fields of strategy or organizational learning. Addresses key questions about how organizational foresight canbe conceptualized and developed, and the extent to which it ispossible. The papers are prefaced by a foreword from Spyros Makridakisand an introduction from the editors. Helps to shape a new research agenda, and so will be ofinterest to academics, as well as to students andpractitioners.


Learning from the Future

Learning from the Future
Author: Liam Fahey
Publisher: John Wiley & Sons
Total Pages: 478
Release: 1997-11-10
Genre: Business & Economics
ISBN: 9780471303527

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Unter Szenarioplanung versteht man eine spezielle Methode der Vorhersage zukünftiger politischer, ökonomischer und demographischer Entwicklungen, die das Funktionieren eines Unternehmens beeinflussen können. Diese Technik wird hier von renommierten Vorreitern auf diesem Gebiet ausführlich beleuchtet - so lernt der Manager, verschiedene Implikationen plausibler Ereignisse und Einflüsse systematisch zu durchdenken. (11/97)