Operating Your Business with Strategic Foresight
Post on 20-Aug-2015
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Technology, companies, globalization our perception of world
is changing too quickly to
leave things such as your business to
chance.
We are living in a new economy – powered by technology, fueled by
information and driven by knowledge
Those who lack foresight are most likely to unexpectedly find that their industry is lost to new
technologies
When a business lacks foresight it operates in the past, with no idea of what to expect in the future of their business
Apply Simple Steps to Your Foresight Strategy Such As:
• Be alert to trends with tools such as Trend Impact Analysis (TIA)
• Systematically scan search the internal and external environment (SWOT & STEEP) to understand the pace of changes and identify potential opportunities or challenges
• Incorporate anticipatory management this will give you the advantage which requires sophisticated intelligence
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