Strategic Foresight Tools for Planning and Policy

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Author(s): Barbara Jane Holland (Brooklyn Public Library, USA (retired) & Independent Researcher, USA)
Copyright: 2021
Pages: 23
Source title: Encyclopedia of Organizational Knowledge, Administration, and Technology
Source Author(s)/Editor(s): Mehdi Khosrow-Pour D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-7998-3473-1.ch056

Keywords: Administration & Leadership / Business & Management / Business and Organizational Research / Business Science Reference

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Abstract

Today, companies can no longer assume that the past will be a good predictor of the future; Those that fail to prepare for radically new possibilities may face sudden irrelevance. Strategic Foresight, aka, Futures thinking, provides a structured approach enabling people and organizations to overcome cognitive biases and think more realistically about change. It helps to uncover blind spots, imagine radically different futures, and improve decision-making. Climate disruption, artificial intelligence, and automation are quickly transforming the landscape for business and sustainability. This chapter will review the Strategic Foresight tools used to embed long-term strategic thinking and planning concerning policy and strategy.

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