Register for free to
view the full innovation profile.
Strategic Foresight combines Strategic Management techniques with Futures methods - Horizon Scanning, Scenario Planning - to manage Technology Innovation and Economic Disruption.
About
The discipline of Disruptive Futurism is based on the work of Joseph Schumpeter - Austrian Minister of Finance and Harvard Economics Professor - Technology Innovation + Economic Disruption = “Creative Destruction” - the continuous process of economic regeneration from within where new products and services are created by combining existing resources - Men, Money, Machines, Materials and Manufacturing Methods - in novel, interesting and unexpected ways e.g. the replacement of Legacy Products and Services from Heritage Industries in Traditional Economies by Digital Products and Services from Emerging Industries creating New Economies.
Key Benefits
• Reduce Risk • Enhance Performance • Improve Business Outcomes • Manage Economic Disruption • Exploit Technology Innovation • Deliver Planned and Managed Futures • Understand Possible, Probable, Prefered Options
Applications
• Planning • Forecasting • Investment Decisions • Strategy Development • Financial Management • Business Transformation