Abstract: in this paper we explore the current understanding on how firms explore future changes and trends as well as plan their managerial responses we review literature in four research streams: (1) environmental scanning, (2) futures research, (3) peripheral vision, and (4) corporate/strategic foresight through the. Research on strategic foresight proposes different methods, discusses their implementation and gives recommendations on how to link strategic foresight with other functions in an organization based on a literature review, we define a generic framework for the management of strategic foresight. Second, strategic foresight is open to alternative futures: that is, we work with several futures because we can't predict the future – and it most certainly won't be an extrapolation from the past the future can of course evolve in different directions, and the idea is to determine which are possible, which are. Literature in the field of strategic foresight nor to the relevant work being done by so strategic conversation, it is possible to reveal, test and challenge deeply held assumptions about the future strategic foresight enables leaders to ask better questions about the review, designing new policy options, engaging diverse. Adams, guy b & white, jay d 1994, “dissertation research in public administration and cognate fields: an assessment of methods and quality”, public administration review, vol 54, no 6, pp 565-576 afuah, allan 1998, innovation management: strategies, implementation and profits, oxford university press, new york.
Chapter 2: literature review 21 introduction the research objectives mentioned in the previous chapter require an exploration of the complex world of work where executives find themselves it also requires an exploration of the potential role that strategic foresight and scenario planning. Contents index of figures list of abbreviations 1 introduction 11 background 12 research gap 13 structure of the thesis 2 results from the literature review 21 evolution of strategic foresight 22 components within strategic foresight 23 strategic foresight methods 24 role of information 25 process of strategic. Abstract: in this paper, the authors address the issue of strategic foresight or ' futuring', from their perspective as management professors charged with educating a new generation of ambidextrous, creative, and complexity-savvy future leaders while not a new practice, they point to examples of firms utilizing this technique.
Shaping tomorrow 1 all rights reserved automating strategic foresight - case study (ongoing draft – wip) part 1 - horizon scanning and desk literature reviews dr michael jackson: shapingtomorrowcom walter kehl: foreknowledge gmbh matthew richardson: collaborative connections. Methods frequency (popper et al, 2007) common foresight methods • the most widely used methods are without doubt literature review (437), expert panels (397) and scenarios (324) despite these high numbers, we still believe that literature review and other generic methods are being under-reported in the database. Absent pure luck, this requires managers to exercise foresight about a resource's future value and/or complementarities with pre-existing capabilities this foresight grants managers the opportunity to exploit information asymmetries for personal gain as well as building organizational capabilities nevertheless, there is.
While the concept of strategic foresight has enjoyed a sustained rise to prominence at the organisational level of analysis [8, 9] it has a long-standing presence in the management and futures literature however, it suffers from confusion as it is frequently referred to as a bundle of methodologies, often externally executed. Citation: bereznoy a (2017) corporate foresight in multinational business strategies foresight and sti governance, vol 11, no 1, pp 9–22 doi: 1017323/2500-259720171922 the following: scenarios, brainstorming, literature reviews, cost-benefit analysis, patent analysis such methods as trend. The aim of the paper is to investigate possible approaches to strategic foresight in smes as well as to present a detailed case study of its application based on an original approach the main research methods used in this paper is a literature review of foresight research conducted in smes and the case study describing the. Authors review strategic planning and management research over that time period using with foresight and sorkin, ferris, and hudak's (1984) strategies for cities and counties: a strategic planning of the literature on public strategic management from a practice and primarily us perspective finally.
This paper focuses on exploring the potential and empirically observable value creation of strategic foresight activities in firms we first review the literature on strategic foresight, innovation management and strategic management in order to identify the potential value contributions we use survey data from. Based on a literature review, this thesis tries to systemize the literature to shed light onto the current state of research strategic foresight, as a part of the strategic management, should be strongly related to one of the basic models of strategic management the targeted object will be building a bridge to one of the most. Keywords: strategy, foresight, foresight practices, performance, financial performance foresight maturity literature review this chapter reviews literature covering foresight and performance concepts, theories and definitions are presented in order to establish a theoretical framework the chapter.
An apparent gap in mainstream strategy literature points to questions relating to the role and competencies of leaders in strategy making an initial investigation reveals that turbulent change and growing environmental uncertainty demands leadership intuition and skills that are able to anticipate aspects of the future,. Umbrella concept that involves a variety of futures methods (figure 1) to critically review and strategically plan for impending events (loveridge, 2009) foresight has been used in areas varying from management studies (costanzo and mackay, 2009) to strategic studies (kuosa, 2012) including determining the future of. Keywords: foresight, strategy, innovation, strategic management, innovation management, corporate foresight the importance of foresight has been widely recognised, not only among companies but literature as well conducting a systematic literature review on the issue of corporate foresight has resulted in the.
Foresight initiatives have been used and/or have been useful, and the level of resources devoted to foresight exercises as outlined in the introductory section, the methodology applied to this review included identification of grey and published literature (in english) through a systematic search strategy using web of. The empirical contribution of the paper is the presentation of logistics localization in the strategic foresight field in the paper the following research methods have been used: bibliometric analysis, literature review, critical analysis of the existing published works and a case study paper type: research paper.
Chapter 2 literature review the research on corporate foresight has its roots in the term strategic foresight the reason for choosing the term corporate foresight in this thesis is to emphasize that the research is aimed at understanding foresight applied in private firms as opposed to the application in the public domain. To answer this question we undertook a systematic literature review searching two library databases, business source complete and sciencedirect, for scientific articles related to the topic ´strategic foresight´ in the context of the organization the search revealed 59 publications published between january 2000 and. The main aim of the article is to assess foresight maturity of companies based in podlaskie province in poland as one of the least developed regions in europe the survey research is preceded by bibliometric analysis and literature review to examine current tendencies in foresight research in organisations.