Gaining foresight
People, goods and ideas are increasingly on the move, and in every direction, affecting your life and organizations you work for. As a result, Society faces unprecedented opportunities and challenges. The rise of the knowledge society, emerging technologies and a globalising economy mean that organizations have to cope with increasing rapid change, complexity, uncertainty, chaos and paradox. But, organizations must determine strategies, make decisions, and assign resources that have to be made in the present with as much forewarning competency as possible.
Corporations, governments and not-for-profit organizations that already have an effective forewarning competency better understand the emerging pattern of threats and opportunities they face. These forward thinking organizations continuously gather information through integrated strategic systems . They use this knowledge to:
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better compete
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find benchmarks
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capitalise on ideas
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foster creativity
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run faster
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remain agile
The best of these organizations continuously assess forward intelligence and improve their chances of survival and success through four key processes:
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Scan - discover fresh insights from public and own sources
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Plan - decide critical trends and responses
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Act - make quick wins and work on critical issues
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Network - disseminate learning through sharing, asking and feedback
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Direct - establish well thought through projects and evaluate results
We study their 'next' practices and bring these together here for the benefit of all strategy oriented organisations from the small to the mega.
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