An article by World Economic Forum based on research conducted by Bavarian Foresight-Institute identified that strategic foresight is widespread and established among large companies in the US and Europe.
The study found that by participating in the foresight process there are 3 key things decision-makers will do.
These are:
👉 Learn more about alternative futures.
👉 Find a common language among members of the leadership team to discuss challenges.
👉 Collectively challenge assumptions that are commonly taken for granted.
However, the implementation of strategic foresight and how it’s embedded into workflows and projects varies significantly.
In your experience, how widespread do you think strategic foresight in Australian organisations?