Strategic Foresight And Porter S Five Forces

Research Paper (undergraduate) from the year 2009 in the subject Business economics - Business Management, Corporate Governance, Technical University of Berlin, language: English, abstract: Strategic Foresight is a relatively young field of research. Although, plenty of different definitions, recommended methods or process approaches exist. 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 popular and practical models invented by Porter. Still today, there are no approaches that combine Porter's Five Forces with Strategic Foresight. In the literature, often the impact of complexity and dynamics is discussed in regard to Strategic Foresight, but a certain model to evaluate and measure complexity does not exist yet. Neither organizational nor environmental complexity has been included in current Strategic Foresight literature. After analyzing, systemizing, defining, and merging both models by dint of Strategic Foresight considerations, the development of a complexity model will accomplish the attempt to provide a holistic approach to measure complexity in regard to Strategic Foresight for further research.

Research Paper (undergraduate) from the year 2009 in the subject Business economics - Business Management, Corporate Governance, Technical University of Berlin, language: English, abstract: Strategic Foresight is a relatively young field of research. Although, plenty of different definitions, recommended methods or process approaches exist. 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 popular and practical models invented by Porter. Still today, there are no approaches that combine Porter’s Five Forces with Strategic Foresight. In the literature, often the impact of complexity and dynamics is discussed in regard to Strategic Foresight, but a certain model to evaluate and measure complexity does not exist yet. Neither organizational nor environmental complexity has been included in current Strategic Foresight literature. After analyzing, systemizing, defining, and merging both models by dint of Strategic Foresight considerations, the development of a complexity model will accomplish the attempt to provide a holistic approach to measure complexity in regard to Strategic Foresight for further research.

With a focus on the automobile industry, this study provides an overview of the basics of strategic foresight and the differences that multinational enterprises (MNEs) have to deal with while working in an international context. The book also looks at the interrelation of strategic foresight and environmental trends. The results of the study indicate that it is advantageous for MNEs to use their internal resources worldwide for strategic foresight during the first three phases of the strategic foresight process (SFP), while also being aware of the possible barriers. (Series: Writings on the Automotive Industry / Schriften zur Automobilwirtschaft - Vol. 9) [Subject: Business, Automotive Industry]

Understand competitive forces and stay ahead of the competition This book is a practical and accessible guide to understanding and implementing Porter’s five forces, providing you with the essential information and saving time. In 50 minutes you will be able to: • Understand the five forces that affect profitability and analyze each force in depth in relation to your company • Analyze the intensity of the competition within an industry and how this affects your business • Increase or maintain your competitive advantage according to the analysis ABOUT 50MINUTES.COM | Management & Marketing 50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.

Strategic Foresight is a set of skills and tools used to explore potential futures, so that you can plan for and take advantage of them.

This important Handbook explores and evaluates dynamic environments and the appropriate strategic responses to them in the 21st century. Drawing together a collection of 29 original chapters, the Handbook makes an invaluable contribution to theory and practice by stimulating disciplined, rigorous and imaginative enquiry into the relationship between strategy and foresight. Leading scholars in the field of strategic management are brought together to offer innovative and multi-disciplinary perspectives on the past, present and future of strategy formation and foresight. In so doing, they challenge research in four key areas: strategy and foresight processes; strategy innovation for the future; understanding the future; and strategically responding to the future. The Handbook of Research on Strategy and Foresight is a comprehensive resource that will be invaluable for academics, students and practitioners interested in this important phenomenon.

This book explores the importance of strategy and how to make it work in an environment characterised by constant change. With a specific focus on the Asia Pacific region, anticipated to become the epicentre of global economic activity, it offers insights into the optimisation of economic potential and social cohesion enabled by leaders, which is crucial to the global economy and living standards. It highlights sound foresight, strategic thinking and innovation as the critical underpinnings of successful business and provides a comprehensive guide to combining practice and theory to ensure successful strategies, from formulation to execution. The book also builds on the concepts of change, the purpose of business, foresight, strategic thinking, strategic planning and innovation to present a holistic view of how these essential elements can be integrated in practice. Combined with a special contribution by Chaly Mah, the CEO of Deloitte Asia Pacific, the book carefully balances professional and academic insights to optimally benefit its readers and will be of interest to industry practitioners, researchers and students alike.

Industrial-organizational psychologists increasingly advise organizations on talent planning, executive succession, workplace design, and better ways to ensure the future supply of talent: a suite of practice areas that comprise strategic workforce planning (SWP). This volume provides an overview of SWP, covering best practices across organization types, geographies, and methodologies, and addressing new directions in the field. Contributors share case examples and experience-based insights, spanning the evolution of SWP, best practices for analytics and consulting, maturity models, how SWP can be practiced in large companies inside and outside the United States, in high- and low-growth environments, and when to organize around planning for future tasks vs planning for future roles. As well as discussing changes in the workforce and workplace due to global disruptions like the COVID-19 pandemic and the impact of quickly evolving technologies, this book re-examines what SWP is and can be, how it is conducted, and what impact it can have on individual organizations and beyond.