How do companies prepare for futures, what is the main purpose for such work, and what tools are used to do so? In this blog post, we dig into some findings from our survey on foresight as part of strategic management that was open for answers during early 2019.
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Where is strategic management headed? I have shared my views about the past, present, and future of strategic management in dozens of presentations, hundreds of discussions, numerous investment negotiations, and more.
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In order to detect the early signs of disruptive forces - to out-think your competition - I think a systematic way of getting new inputs is crucial. A key use case of foresight work is to place trend implications on long-term strategic horizons and to use this as input for your own strategic positioning.
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A while ago I had an opportunity to attend a horse-assisted leadership coaching session where the focus of the session was to motivate, communicate and listen to someone that has no hidden motivation or choice of using verbal language = get the horse on-board what you want to do.
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We all know about it. We all should do it. Before everyone else does it. Before everyone else is where we want to be. Before they take over the world and we are left behind. Do what?
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On one September Friday, we sat down with a few colleagues and discussed change and change management (we always do, we're all passionate about this!). I started to wonder how futures thinking could serve as a tool for clarifying the need of change...
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A few topics reoccur with companies facing a strategic change. Based on those, I will look into three different transformation cases in these blog posts. I will reflect on them against their specific market position and potential external change factors.
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A few topics reoccur with companies facing a strategic change. Based on those, I will look into three different transformation cases in these blogs. I will reflect them against to their specific market position and potential external change factors. All of these have the same key needs for strategy and transformation talk:
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Disruption is a relatively new buzz word that you hear often especially in strategy workshops. Incumbent companies are concerned about the disruptors, often start-ups, that will change the game in the industry and market. Regardless of the industry, the change will be a reality in the very near future and it will happen fast.
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