Navigating the Future with Strategic Foresight
Boston Consulting Group (Feb 6, 2025) "Navigating the Future with Strategic Foresight" describes strategic foresight as blending analytics, AI and creative tools to anticipate, adapt to and shape the future. The piece reports that moving from standard to state-of-the-art foresight is associated with a 5% increase in financial performance. The recommended framework spans three time horizons: a strategic horizon of a decade or more; a tactical horizon over the coming weeks or months; and a disruption horizon playing out in real time. Tools include scenario planning, war-gaming and AI analytics. Practical for SEA mid-market boards now told to add foresight to an already-overloaded strategy review.
Sources
BCG