As threats seem to be multiplying as the 30 th anniversary of the cold war ends, paul stockton offers his view on how we can seek to identify issues and potential paths to successfully continuing our military. Whether innovation means finding the next market, describing the future customer, or developing an amazing team who can reliably take new visions to new markets, the playbook for strategic foresight and innovation addresses two essential topics. Building strategic agility for a fastermoving world, john kotter 2014. Our vision is to advance the pursuit of highvalue, longrange innovation. This is simply because thinking across current industry boundaries is today an important source of innovation. Both his teaching and his research focus on strategyaspractice, technology and innovation management, and strategic foresight in high velocity environments. A playbook for strategic foresight and innovation, published in 20. Issue 6 2012 innovation in horizon scanning for the social sector. Strategic foresight efforts at both the broad contextual and sectorspecific levels can interlink and reinforce each other as part of an ongoing system of integrating futures thinking into policymaking. Pdf playbook for strategic foresight and innovation researchgate. First, strategic foresight, a discipline i describe in more detail, provides the vitally needed mindsets and frameworks required to plan in uncertainty. Entrepreneurship, innovation and strategic foresight. Playbook for strategic and foresight innovation observatory. It is very pleasant to see that the owners of classic vehicles not only prepare their equipment for the bitzieciu and the parade, but also.
It is about understanding upcoming external changes in relation to internal capabilities and drivers. Playbook for strategic foresight and innovation 9789522655714. Five strategic foresight tools to enhance business model innovation teaching matthew j. Developing a toolkit for strategic foresight insead. I prefer market foresight as a phrase over an earlier concept of industry foresight. Anticipating future innovation pathways through large. The opportunity for strategic foresight in philanthropy. And he knows how to meet every client right where they are.
Foresight is a strategic thinking capability, so the use of foresight methodologies occurs at this first stage of the strategy development process that is, the use of foresight methodologies seeks to expand the perception of. Crafting strategy in an uncertain world, hugh courtney 2001. It was vision that inspired the invention of the automobile. Presented in a highly scannable yet personable style, each guideline includes an explanation and rationale, key steps, a case example, and resources for further study. This study investigates how entrepreneurs and innovators engage the future, and it reflects on how strategic foresight also called futures studies can contribute to innovation and entrepreneurship. Playbook for strategic foresight and innovation geniusworks. Thinking about the future distills the expertise of three dozen senior foresight professionals into a set of essential guidelines for carrying out successful strategic foresight. It is a glance at our current research on strategic foresight, which will be continued in the future. Rene rohrbecks research has been published in leading international journals, and he is the author of corporate foresight.
Dokter behati malaikat pdfle paysage urbain pdfmicrocontroller pin details pdf zoxis, 42 rules of product management pdfthe imagination challenge strategic foresight and innovation in the global economy pdf. Section 7 in order to give innovation managers hints on the limits of scenarios. Tamara carleton, william cockayne, antti tahvanainen. Advantages and disadvantages of scenario approaches 221 speak for itself in terms of its purpose. Andheri west, mumbai 400053, india strategic foresight. Strategic foresight in business management aalto ee. Strategic foresight initiative getting urgent about the future summary of findings may 2011 summary the strategic foresight initiative sfi is a collaborative effort of the emergency management community facilitated by the federal emergency management agency fema. Guido reger is full professor for entrepreneurship and innovation management at the university of potsdam, germany. Introduction to foresight and foresight processes in practice. This playbook targets the strategic manager, the person who is responsible for innovation, and offers a handson guide for modeling, designing, and leading a companys next radical innovation. Maximizing the power of strategic foresight washington. Strategic foresight, leadership, and the future of rural hea. In the crisis response and disaster resilience 2030 report, sfi established a framework for foresight. As a way of thinking, foresight also encourages innovation, strategic evaluation and the proactive shaping of the future.
Strategic foresight strategic foresight is most commonly used by strategic planning units of national governments. Introduction to foresight and foresight processes in practice note for the phd course strategic foresight in engineering andersen, per dannemand. Professional foresight books a longer list 2020 foresight. This document builds on the foundation of last years capstone strategic foresight initiative sfi report. I like the whole playbook idea because it addresses reallife activities and development. Strategic foresight and government to bind themselves into rigid positions. An overview of foresight methodologies maree conway thinking futures introduction foresight is a university human capacity which allows people to think ahead and consider, model, create and respond to, future eventualities foresight international, 2006. Foresight as a strategic longterm planning tool for.
Scifutures brought together a group of talented futurist authors and gave them a profile of the future developed from allied command transformations broad library of futures work including the strategic foresight analysis, framework for future alliance operations, technology trends survey and long term aspects of requirements. Harnessing strategic foresight as a springboard for innovation to develop new paradigms and take advantage of what may come. Strategic innovation takes the road less traveled it challenges an organization to look beyond its established business boundaries and mental models and to participate in an openminded, creative exploration of the realm of possibilities. The aim of the strategic foresight analysis report is to identify trends that will shape the future strategic context and derive implications for the alliance out to 2035 and beyond. However, the analysis and views expressed in this report are of the strategic foresight group only and do not in any way, direct or indirect, reflect any agreement, endorsement, or approval by.
Andheri west, mumbai 400053, india strategic foresight group. Strategic foresight is not about better predictions of the future. Strategy requires the foresight to identify and respond to ripples on the horizon. Welcome future screening strategic corporate foresight. You found your way to the research project and completed dissertation future screening a framework for advancing strategic corporate foresight charles sturt university, 20112012 supervisors. Five strategic foresight tools to enhance business model. Welcome to a guide for the strategic manager, who is responsible for innovation. For one, resultsbased management rbm demands an enhanced cohe1. Pdf welcome to a guide for the strategic manager, the person who is responsible for innovation whether this means finding the next market, describing. Strategic foresight also requires a combination of analysis and creativity that constitutes, in the excellent term of foresight consultant riel miller, rigor ous imagining.
While strategic planning is a vital competency for todays leaders as they craft a vision for the future, an equally important leadership competency is strategic foresight to anticipate how this future might unfold. While it does contain the tools themselves, the resource also contains extensive guidance on each method, including overall guidance, examples, instructions, insights, tips, and tool. Advantages and disadvantages of scenario approaches for. Strategic foresight is a growing practice in corporate foresight in large companies.
Strategic foresight and futuring do not predict the future. Introduction to foresight and foresight processes in. Issue 4 2015 services futures directions and features, challenges and opportunities. He teaches strategy, strategic foresight, and business model innovation on different mba programs. A methodology first practiced by the military, classical applications usually focus on possible future trends and developments horizon scan of one crucial driver, such as the future of technological. Two components are organically linked to strategic foresight. The strategic foresight analysis does not attempt to predict the future, for the future is neither predictable nor predetermined. When you become more foresightful, often the response is to innovate.
Foresight examines environments and helps create future scenarios vecchiato and roveda, 2010. Foresight can support3 government policymaking in the following main ways. Bill barton, former center head for american express consumer lending operations, helped me understand this distinction in this way. Strategic foresight group anticipating and influencing. Pdf entrepreneurship, innovation and strategic foresight. Whether innovation means finding the next market, describing the future customer, or developing an amazing team who can reliably take new visions to new markets, the playbook for strategic foresight and innovation addresses two essential topics how to create a radical idea that becomes a new business, product, or service. A brief history of the future, oona strathern 2007. David sarpong is reader in strategic management at brunel university, london, uk, and associate editor for the journal of strategy and management. Strategic foresight group expresses its gratitude to the swiss development cooperation agency sdc for supporting the project.
Define strategic foresight and outline the business imperative for this approach. Strategic foresight group sfg is a think tank engaged in crafting new policy concepts that enable decision makers to prepare for a future in uncertain times. How entrepreneurs engage the future as opportunity. Features of strategic foresight in reinventing government, osborne and gaebler 1992 noted that one of the important forms of innovation is anticipatory government prevention rather than cure.
As our research revealed, five strategic clusters can be identified within the portfolio. While subtle, there is a distinction between vision and foresight. However, the analysis and views expressed in this report are of the strategic foresight group only and do not in any way, direct or indirect, reflect any. Holder of the chair of strategic foresight at the conservatoire national des arts et. A field guide to lies and statistics, daniel levitin 2016 accelerate. At stanford university, he has coauthored the playbook for strategic foresight and innovation, a set of practical ideation tools inspired by darpa.
It will take a very large number of experts and smart people to understand the challenges ahead of us and identify potential solutions. Oct 08, 2019 a botched response is especially likely when the innovation can reconfigure an industrys ecosystem and the strategic interactions among its actors. Frank possesses the unique skillset that is essential in assisting any organization that is seeking to create a foresight division or competency a must have in todays uncertain business environment. A fundamental challenge facing business is to formulate robust strategy that adapts to threats or opportunities from innovation. Instead, strategic foresight is about better preparedness for different futures that are all possible and plausible. Strategic foresight calls for a systematic analysis of identifying. How can business leaders account for all these uncertainties when, by definition, they are unknown.
Strategic foresight was launched so the emergency management community can seek to understand how the world is changing, and how those changes may affect the future of emergency management. Strategic foresight analysis 20 report 3 introduction strategic foresight is the ability to create and sustain a variety of high quality forward views and to apply the emerging insights in organisationally useful ways. Finally, the author describes a practical method for exploring potential futures for your business in order to take robust decisions and develop strategies that help you work towards your preferred future. Join the strategic foresight and bring your perspective into natos most. Strategic foresight, leadership, and the future of rural. In this sense, strategic foresight is fundamentally different from the notion of five or 10 year plans. Crafting strategy in an uncertain world, hugh courtney 2001 a brief history of the future, oona strathern 2007 a field guide to lies and statistics, daniel levitin 2016 accelerate. Describe the push and pull of the future, and how leveraging both ends of the foresight spectrum trends and aspirations is critical. Strategic foresight is about combining methods of futures work with those of strategic management. As a social innovation exchange, six sees a natural link between strategic foresight and social innovation. Strategic foresight october 2019 3 how can foresight add value in policy making. Guidelines for strategic foresight edited by andy hines and peter bishop is the essential handbook for every aspiring analyst and, students of strategic foresight. Towards a maturity model for the future orientation of a firm.
Provide guidance on putting strategic foresight into practice. From theory to practise methods, tools and culture. Download a free pdf of the playbook no signup needed or buy the print version as one place to start. At its best, the process allows policymakers to explore possible futures, and pursue policies that are most likely to bring them to fruition. Strategic foresight and innovation playbook overview welcome to a guide for the strategic manager, the person who is responsible for innovation ololy opz tlhuz aukpun ol next market, describing the future customer, or developing an amazing team who can reliably take new visions to new markets. This resource contains a method library and playbook for commonly used strategic foresight tools, organised by a guiding framework of five planning phases perspective, opportunity, solution, team, and vision. Historically, it was sufficient to scan an industry landscape, monitor the behaviour of rivals and track metrics such as market share. Developing a toolkit for strategic foresight insead knowledge. Features of strategic foresight in reinventing government, osborne and gaebler 1992 noted that one of the important forms of innovation is anticipatory government. As we noted, in a vuca world accurate prediction is an illusion. This rapid innovation has lead to increased dependency on technology by the united states. Pdf the concept of strategic foresight has come to dominate contemporary management discourse in recent times with a remarkable upsurge in the number. Download your free copy of the playbook by clicking on the book cover above. Looking ahead acknowledges uncertainty, and the need to develop the skills to be adaptive, creative and flexible.
He focuses on succession management and leadership development in smallmedium businesses and ministries. Foresight refers to processes of anticipation that identify opportunities and threats which may arise in mid to longterm versions of the future. Yorkovich the tool whats the difference between strategic planning and strategic foresight. The paper is based on an indepth literature analysis. Founded in 2002 to create new forms of intellectual capital, our body of work today encompasses over 50 countries, across four continents. Adviser on strategic foresight to the european political strategy centre the idea for this strategic foresight primer was born out of necessity. A methodology first practiced by the military, classical applications usually focus on possible future trends and developments horizon scan.
The european political strategy centre has a mandate to engage in anticipatory governance and identify potential future challenges and opportunities for the european union. Introduction to strategic foresight future motions. Strategic foresight is a concept i deem synonymous with corporate foresight. Summary of findings may 2011 summary the strategic foresight initiative sfi is a collaborative effort of the emergency management.
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