Without A Future

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Information about Without A Future
Business & Mgmt

Published on March 8, 2014

Author: fspencer4

Source: slideshare.net

Description

The business case for Strategic Foresight as a critical skillset in the 21st Century. If leadership believes that innovation, creativity, strategy, exploration, play and collaboration are all important, then foresight must be embedded into the culture of their organizations and social landscapes.

“The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.” Alvin Toffler

Innovation Engine There needs to be a fundamental paradigm shift in the way we approach innovation, embracing a move toward exponential and transformational change. In this era, it is impossible to innovate without developing longterm thinking and discovering alternative futures. Transformative creativity around strategy, products, services and experiences will only result from good futures work.

If Strategy is used to sketch out ways to create value then. . . Foresight is used to sketch out the future contexts and conditions that create that value.

Many organizations rely solely on traditional, quant-heavy planning activities that simply extrapolate today's data. Armed with a spreadsheet that proclaims what the future will be in 2020, leaders look only for confirmation of this false forecast, blind to anything outside this purview. Antiquated planning processes like these act like a worn and familiar blanky that organizations regularly pull over their heads.

Insulated Strategy Divisions ignore external perspectives and exist only to provide “Executive Entertainment” -- information that reinforces what leadership believes or desires to be true -- rather than useful insights about the future.

In today’s business environment, a quarterly deadline will always take precedence over thinking about the future. Projects with long-term planning horizons lose support, funding, and headcount because leadership struggles to see the connection between the future and today.

How we think about the future directly impacts the decisions we make today. Kedge, LLC

Natural Foresight is much more than a set of tools or steps. It’s an entire Ecosystem, a way of thinking & acting within organizations that leads to ongoing aspirational success.

Many organizations treat foresight efforts like an app… when it should be their operating system.

What if my organization is not ready for this? To succeed in the current environment, organizations must be agile and resilient – able to react and recover from the unexpected threats while also being poised to quickly take advantage of any hidden opportunities. “In the volatile 21st century if you wait until you're "ready" it will likely be too late.” Imbedding Strategic Foresight in your organization will foster a culture that embraces change, savors complexity, and expects the unexpected. You'll never worry about organizational readiness again.

About Kedge Kedge is a minority-owned foresight, innovation, creativity, and strategic design consultancy. We help our clients to thrive in a world of complex ideas and practices, uncover emerging trends on the horizon that will impact their business, and discover unseen opportunities for strategic advantage and development. The KEDGE difference: • Transitions leaders from legacy learning to the critical 21st century leadership competency of “learn, unlearn, and relearn.” • Ensures the organization has an adaptive, resilient, and transformative human capital ecosystem (talent, processes, and infrastructure) to successfully position the organization for continued growth in a volatile, uncertain, complex, and ambiguous environment. • Directs business leaders at all levels in the organization to remain focused on what’s next and gain an overall greater visibility about the future. www.kedgefutures.com info@kedgefutures.com

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