Think Forward: Conversations with Futurists, Innovators and Big Thinkers Think Forward EP 127 - Building Future Ready Organizations
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Mar 11, 2025 Discover how organizational foresight sets leading companies apart in a rapidly changing landscape. Learn about balancing current operations with future opportunities through a three horizons framework. Understand the importance of building diverse teams for effective foresight and starting with small initiatives like trend newsletters. Explore tools and strategies to create a culture that prioritizes foresight, leading to significantly higher profitability and growth. Finally, audit past decisions to find areas where foresight can generate value.
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Foresight: A Navigation System
- Organizational foresight is not corporate fortune-telling, nor is it just strategic planning.
- It's a navigation system revealing multiple routes and opportunities others miss, expanding your view beyond the present.
Three Horizons of Foresight
- Foresight is about actively shaping the future, not just seeing it.
- This involves working across three horizons: improving current business (0-2 years), exploring emerging opportunities (2-5 years), and reimagining industries (5-10+ years).
Implementing Foresight
- Choose an organizational foresight model (centralized, hub-and-spoke, or distributed) that fits your company culture.
- Start with a small, focused team and expand as your organization's foresight maturity grows.