Strategic Foresight

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.

This book provides students and line managers in organizations with the means to create better scenarios and to use them to create winning business strategies. The book covers scenarios such as: economic outlooks; political environments; acquisitions; downsizing, and more.

Embracing the theory and practice of strategic foresight and illuminating how different schools of thought regard its role in policy making, Tuomo Kuosa describes how something not traditionally considered an independent discipline, is steadily becoming one. In The Evolution of Strategic Foresight he explains how the practice of strategic foresight has long been closely associated with the military and politics. Linking strategic thinking more broadly to futurology, however, it is quite new. Since strategic foresight refers to the practice of generating analyses of alternative futures and strategies, based on available intelligence and foreknowledge, the practice can and should be applied to companies, business sectors, national and trans-national agencies of all descriptions, and to all aspects of public policy making. The author explains its practice in terms of structure, process, and knowledge domains, and examines its methodologies and systems, along with how strategic foresight can be used to produce better knowledge and be more effectively linked to policy making. Using examples from 30 different countries and with access to interviews and workshops involving key experts, The Evolution of Strategic Foresight will be valuable to scholars, educators, students engaged in strategy and future studies, long-range, public policy and urban planners, analysts; risk assessment experts, and consultants, managers and decision makers in many organisations, public and private.

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. 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.

COVID-19 wrecked the plans and strategies of organizations everywhere, while injecting greater uncertainty into a world already undergoing disruptive social and technological change. Strategic Foresight can help us navigate through the recovery and beyond. Strategic Foresight is a systematic, intelligence-gathering, vision-building process that helps us manage uncertainty by discerning plausible alternative futures and applying the insights to present-day planning. It is ideally suited to a world upended by the pandemic and rapid transformations in the way we live, work and interact. Using approachable language and a multitude of examples, Learning from Tomorrow shows how Strategic Foresight broadens our perspectives, exposes opportunities and risks, and opens our minds to innovation in a post-pandemic world. It is essential reading for organizational leaders and those responsible for developing strategies, scenarios, policies and plans.

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.

Nick Marsh presents a set of practical techniques and approaches called Strategic Foresight - proven methods for managing a foresight process within any organisation to produce a dynamic, value-adding strategy and results.

This book examines the leadership practices and foresight needed for smart cities. The book begins by exploring the evolving definition of a smart city. Then, it considers the problems with smart cities and the need for foresight in the management of these cities. The last part of the book offers a model of strategic foresight based on understanding, anticipating, and shaping the future, with applicability to organizations. This book offers a new conception of smart cities that will appeal to researchers and policymakers interested in futures thinking and strategy.