SlideShare a Scribd company logo
1 of 17
Download to read offline
Ian Miles Manchester Institute of Innovation Research,  MBS [email_address] Foresight and Business Futures MBA course Manchester April 2008
Overview ,[object Object],[object Object],[object Object]
Foresight ,[object Object],[object Object],[object Object],Japan number one STI policy tools Innovation system Technological revolutions Technological problems Distributed knowledge Expertise and legitimacy
What sort of Business Foresight? ,[object Object],Economic forecasts Market trendspotting Technology watch Business environment scanning Geopolitical outlook Labour market assessment Risk analysis
Foresight for What? ,[object Object],Economic forecasts Market trendspotting Technology watch Business environment scanning Geopolitical outlook Labour market assessment Risk analysis
Knowledge of Actual and Potential Evolution Competitors Clients Suppliers Collaborators Regulators Financiers Markets Social & Institutional Env Natural & Physical Env Process Technology Management Organisational Structure/ Design Routines Techniques Human Resources Product Technology & Design Health and Safety  Sustainability Business Ethics CSR Science & Technology Location
Knowledge of Actual and Potential Evolution Internal Environment External Environment Strategies Formal versus informal foresight; Routine versus emergency; Internal “versus” External   Trend detecting and watching – main trends, weak signals Envisaging possible and plausible futures Opportunities as well as challenges - Coping with, changing, creating the future
Functions of Foresight Public Relations Building Markets Influencing other stakeholders – Regulators, financiers, business partners,  Standards-setters… Building a shared vision of a desirable future – or one to avoid at all costs Selecting priorities Designing strategies, assessing robustness Different functions may require different legitimation and expertise Exchanging knowledge, creating awareness
Some examples
Shell ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Daimler Chrysler From Frank Ruff
Daimler Chrysler From Frank Ruff
Swiss Re - SONAR
Swiss Re - SONAR
Few overviews but… ,[object Object],[object Object],[object Object],[object Object]
Can managers afford NOT to? ,[object Object],[object Object],[object Object]
End of Presentation

More Related Content

What's hot

Innovation - What, Why, Who, Types, Metrics
Innovation - What, Why, Who, Types, MetricsInnovation - What, Why, Who, Types, Metrics
Innovation - What, Why, Who, Types, MetricsBozidar Jovicevic
 
Core innovation reference framework
Core innovation reference frameworkCore innovation reference framework
Core innovation reference frameworkJeffrey Phillips
 
What is Strategic Innovation?
What is Strategic Innovation?What is Strategic Innovation?
What is Strategic Innovation?Dr. Marc Sniukas
 
Strategic innovation
Strategic innovationStrategic innovation
Strategic innovationPravin Asar
 
Innovative Project Management
Innovative Project ManagementInnovative Project Management
Innovative Project ManagementPaul Schumann
 
Aligning innovation with strategy
Aligning innovation with strategyAligning innovation with strategy
Aligning innovation with strategyJeffrey Phillips
 
What is Innovation Management?
What is Innovation Management? What is Innovation Management?
What is Innovation Management? Mindjet
 
Organazational and Strategic innovation
Organazational  and Strategic innovationOrganazational  and Strategic innovation
Organazational and Strategic innovationAfrouz Hojati
 
Business Model Innovation Research Project
Business Model Innovation Research ProjectBusiness Model Innovation Research Project
Business Model Innovation Research ProjectDr. Marc Sniukas
 
Opportunities Identification Ppt Final
Opportunities Identification Ppt FinalOpportunities Identification Ppt Final
Opportunities Identification Ppt FinalFITT
 
'Business' of R&D
'Business' of R&D'Business' of R&D
'Business' of R&DRavi Neo
 
Strategic Innovation Process
Strategic Innovation ProcessStrategic Innovation Process
Strategic Innovation ProcessCijo Abraham Mani
 
Examination of innovation types final
Examination of innovation types finalExamination of innovation types final
Examination of innovation types finalJeffrey Phillips
 
Innovation as a core business process
Innovation as a core business processInnovation as a core business process
Innovation as a core business processNadia Lushchak
 
R&D today: Addressing and enhancing Research & Development’s effectiveness
R&D today: Addressing and enhancing Research & Development’s effectivenessR&D today: Addressing and enhancing Research & Development’s effectiveness
R&D today: Addressing and enhancing Research & Development’s effectivenessKenny Ong
 
Innovation Framework For Manufacturing (With Addendum)
Innovation Framework For Manufacturing (With Addendum)Innovation Framework For Manufacturing (With Addendum)
Innovation Framework For Manufacturing (With Addendum)johncleveland
 
R&D portfolio steering and strategy
R&D portfolio steering and strategyR&D portfolio steering and strategy
R&D portfolio steering and strategyJuhani Lehtonen
 

What's hot (20)

Innovation - What, Why, Who, Types, Metrics
Innovation - What, Why, Who, Types, MetricsInnovation - What, Why, Who, Types, Metrics
Innovation - What, Why, Who, Types, Metrics
 
Core innovation reference framework
Core innovation reference frameworkCore innovation reference framework
Core innovation reference framework
 
What is Strategic Innovation?
What is Strategic Innovation?What is Strategic Innovation?
What is Strategic Innovation?
 
Strategic innovation
Strategic innovationStrategic innovation
Strategic innovation
 
10 types of Innovation for Business
10 types of Innovation for Business10 types of Innovation for Business
10 types of Innovation for Business
 
Innovative Project Management
Innovative Project ManagementInnovative Project Management
Innovative Project Management
 
Aligning innovation with strategy
Aligning innovation with strategyAligning innovation with strategy
Aligning innovation with strategy
 
Innovation management
Innovation managementInnovation management
Innovation management
 
What is Innovation Management?
What is Innovation Management? What is Innovation Management?
What is Innovation Management?
 
Organazational and Strategic innovation
Organazational  and Strategic innovationOrganazational  and Strategic innovation
Organazational and Strategic innovation
 
Business Model Innovation Research Project
Business Model Innovation Research ProjectBusiness Model Innovation Research Project
Business Model Innovation Research Project
 
Opportunities Identification Ppt Final
Opportunities Identification Ppt FinalOpportunities Identification Ppt Final
Opportunities Identification Ppt Final
 
'Business' of R&D
'Business' of R&D'Business' of R&D
'Business' of R&D
 
Strategic Innovation Process
Strategic Innovation ProcessStrategic Innovation Process
Strategic Innovation Process
 
Examination of innovation types final
Examination of innovation types finalExamination of innovation types final
Examination of innovation types final
 
Innovation as a core business process
Innovation as a core business processInnovation as a core business process
Innovation as a core business process
 
R&D today: Addressing and enhancing Research & Development’s effectiveness
R&D today: Addressing and enhancing Research & Development’s effectivenessR&D today: Addressing and enhancing Research & Development’s effectiveness
R&D today: Addressing and enhancing Research & Development’s effectiveness
 
Innovation Framework For Manufacturing (With Addendum)
Innovation Framework For Manufacturing (With Addendum)Innovation Framework For Manufacturing (With Addendum)
Innovation Framework For Manufacturing (With Addendum)
 
R&D portfolio steering and strategy
R&D portfolio steering and strategyR&D portfolio steering and strategy
R&D portfolio steering and strategy
 
Successful Innovation Management
Successful Innovation Management Successful Innovation Management
Successful Innovation Management
 

Similar to corporate foresight - an introduction

Scenarios for business and policy
Scenarios for business and policyScenarios for business and policy
Scenarios for business and policyIan Miles
 
Foresight For Profitable Futures Mark Ostryn
Foresight For Profitable Futures   Mark OstrynForesight For Profitable Futures   Mark Ostryn
Foresight For Profitable Futures Mark OstrynMark Ostryn
 
WRFY Navigating Strategic Possibilities and Crystallising - 3 February 2017
WRFY Navigating Strategic Possibilities and Crystallising - 3 February 2017WRFY Navigating Strategic Possibilities and Crystallising - 3 February 2017
WRFY Navigating Strategic Possibilities and Crystallising - 3 February 2017Chanel Witbooi
 
Accounting Firm Competitiveness Cch Singapore 22nd April 2010
Accounting Firm Competitiveness Cch Singapore 22nd April 2010Accounting Firm Competitiveness Cch Singapore 22nd April 2010
Accounting Firm Competitiveness Cch Singapore 22nd April 2010Robert_Sawhney
 
GBS Sample 1Name_ID_GBS Task 1.pdf1 P a g e .docx
GBS Sample 1Name_ID_GBS  Task 1.pdf1  P a g e  .docxGBS Sample 1Name_ID_GBS  Task 1.pdf1  P a g e  .docx
GBS Sample 1Name_ID_GBS Task 1.pdf1 P a g e .docxshericehewat
 
160922_The Spire Story_How a boutique consultancy grew an international network
160922_The Spire Story_How a boutique consultancy grew an international network160922_The Spire Story_How a boutique consultancy grew an international network
160922_The Spire Story_How a boutique consultancy grew an international networkSpire Research and Consulting
 
Foresight Methods and Practice: Lessons Learned from International Foresight ...
Foresight Methods and Practice: Lessons Learned from International Foresight ...Foresight Methods and Practice: Lessons Learned from International Foresight ...
Foresight Methods and Practice: Lessons Learned from International Foresight ...Totti Könnölä
 
PROJECT MANAGEMENT AND FINANCE
PROJECT MANAGEMENT AND FINANCE PROJECT MANAGEMENT AND FINANCE
PROJECT MANAGEMENT AND FINANCE S. Sathishkumar
 
Marketing management complete PPT
Marketing management complete PPTMarketing management complete PPT
Marketing management complete PPTYatin Sharma
 
Competitive Intelligence for Market Researchers: an Exercise-Driven, Interact...
Competitive Intelligence for Market Researchers: an Exercise-Driven, Interact...Competitive Intelligence for Market Researchers: an Exercise-Driven, Interact...
Competitive Intelligence for Market Researchers: an Exercise-Driven, Interact...Arik Johnson
 
Q n 1 strategic mgt
Q n 1 strategic mgtQ n 1 strategic mgt
Q n 1 strategic mgtkrehan85
 
Kaa corporate innovation_services_en
Kaa corporate innovation_services_enKaa corporate innovation_services_en
Kaa corporate innovation_services_enFerran Sesplugues
 
Marketing Accounting Firms: presentation for the HKICPA
Marketing Accounting Firms: presentation for the HKICPAMarketing Accounting Firms: presentation for the HKICPA
Marketing Accounting Firms: presentation for the HKICPARobert_Sawhney
 

Similar to corporate foresight - an introduction (20)

Scenarios for business and policy
Scenarios for business and policyScenarios for business and policy
Scenarios for business and policy
 
Foresight For Profitable Futures Mark Ostryn
Foresight For Profitable Futures   Mark OstrynForesight For Profitable Futures   Mark Ostryn
Foresight For Profitable Futures Mark Ostryn
 
WRFY Navigating Strategic Possibilities and Crystallising - 3 February 2017
WRFY Navigating Strategic Possibilities and Crystallising - 3 February 2017WRFY Navigating Strategic Possibilities and Crystallising - 3 February 2017
WRFY Navigating Strategic Possibilities and Crystallising - 3 February 2017
 
Accounting Firm Competitiveness Cch Singapore 22nd April 2010
Accounting Firm Competitiveness Cch Singapore 22nd April 2010Accounting Firm Competitiveness Cch Singapore 22nd April 2010
Accounting Firm Competitiveness Cch Singapore 22nd April 2010
 
GBS Sample 1Name_ID_GBS Task 1.pdf1 P a g e .docx
GBS Sample 1Name_ID_GBS  Task 1.pdf1  P a g e  .docxGBS Sample 1Name_ID_GBS  Task 1.pdf1  P a g e  .docx
GBS Sample 1Name_ID_GBS Task 1.pdf1 P a g e .docx
 
160922_The Spire Story_How a boutique consultancy grew an international network
160922_The Spire Story_How a boutique consultancy grew an international network160922_The Spire Story_How a boutique consultancy grew an international network
160922_The Spire Story_How a boutique consultancy grew an international network
 
Foresight Methods and Practice: Lessons Learned from International Foresight ...
Foresight Methods and Practice: Lessons Learned from International Foresight ...Foresight Methods and Practice: Lessons Learned from International Foresight ...
Foresight Methods and Practice: Lessons Learned from International Foresight ...
 
PROJECT MANAGEMENT AND FINANCE
PROJECT MANAGEMENT AND FINANCE PROJECT MANAGEMENT AND FINANCE
PROJECT MANAGEMENT AND FINANCE
 
Marketing management complete PPT
Marketing management complete PPTMarketing management complete PPT
Marketing management complete PPT
 
Competitive Intelligence for Market Researchers: an Exercise-Driven, Interact...
Competitive Intelligence for Market Researchers: an Exercise-Driven, Interact...Competitive Intelligence for Market Researchers: an Exercise-Driven, Interact...
Competitive Intelligence for Market Researchers: an Exercise-Driven, Interact...
 
Q n 1 strategic mgt
Q n 1 strategic mgtQ n 1 strategic mgt
Q n 1 strategic mgt
 
Kaa corporate innovation_services_en
Kaa corporate innovation_services_enKaa corporate innovation_services_en
Kaa corporate innovation_services_en
 
project selection
project selectionproject selection
project selection
 
Economics And Business Strategy
Economics And Business StrategyEconomics And Business Strategy
Economics And Business Strategy
 
Strategic Management Essay
Strategic Management EssayStrategic Management Essay
Strategic Management Essay
 
Advertising and Campaign planning
Advertising and Campaign planningAdvertising and Campaign planning
Advertising and Campaign planning
 
(GCF2007) ICT as a Driver of Innovation and Entrepreneurship
(GCF2007) ICT as  a Driver of Innovation and Entrepreneurship(GCF2007) ICT as  a Driver of Innovation and Entrepreneurship
(GCF2007) ICT as a Driver of Innovation and Entrepreneurship
 
Essay About Business Strategy
Essay About Business StrategyEssay About Business Strategy
Essay About Business Strategy
 
Marketing Accounting Firms: presentation for the HKICPA
Marketing Accounting Firms: presentation for the HKICPAMarketing Accounting Firms: presentation for the HKICPA
Marketing Accounting Firms: presentation for the HKICPA
 
book_selection.pptx
book_selection.pptxbook_selection.pptx
book_selection.pptx
 

More from Ian Miles

Scenarios - approaches for exploring urban futures
Scenarios - approaches for exploring urban futures Scenarios - approaches for exploring urban futures
Scenarios - approaches for exploring urban futures Ian Miles
 
What has happened to Foresight in the UK?
What has happened to Foresight in the UK?What has happened to Foresight in the UK?
What has happened to Foresight in the UK?Ian Miles
 
The future of services
The future of servicesThe future of services
The future of servicesIan Miles
 
changing innovation and reshaping policy
changing innovation and reshaping policychanging innovation and reshaping policy
changing innovation and reshaping policyIan Miles
 
KIBS - Knowledge Intensive Business Services - role in innovation systems
KIBS - Knowledge Intensive Business Services - role in innovation systemsKIBS - Knowledge Intensive Business Services - role in innovation systems
KIBS - Knowledge Intensive Business Services - role in innovation systemsIan Miles
 
Service Innovation Policy
Service Innovation PolicyService Innovation Policy
Service Innovation PolicyIan Miles
 
The New Service Economy: Innovation in Services
The New Service Economy: Innovation in ServicesThe New Service Economy: Innovation in Services
The New Service Economy: Innovation in ServicesIan Miles
 
Knowledge Intensive Business Services and Innovation
Knowledge Intensive Business Services and InnovationKnowledge Intensive Business Services and Innovation
Knowledge Intensive Business Services and InnovationIan Miles
 
Service Innovation - an overview
Service Innovation - an overviewService Innovation - an overview
Service Innovation - an overviewIan Miles
 
Grand Challenges, Disruptive Inovations, and Foresight
Grand Challenges, Disruptive Inovations, and ForesightGrand Challenges, Disruptive Inovations, and Foresight
Grand Challenges, Disruptive Inovations, and ForesightIan Miles
 
Grand challenges and uk foresight
Grand challenges and uk foresightGrand challenges and uk foresight
Grand challenges and uk foresightIan Miles
 
The Digital economy's next Top e-Business Model
The Digital economy's next Top e-Business ModelThe Digital economy's next Top e-Business Model
The Digital economy's next Top e-Business ModelIan Miles
 
Service economy 3.0
Service economy 3.0Service economy 3.0
Service economy 3.0Ian Miles
 
2011 autumn e business models 2
2011 autumn e business models 22011 autumn e business models 2
2011 autumn e business models 2Ian Miles
 
2011 autumn e business 1
2011 autumn e business 12011 autumn e business 1
2011 autumn e business 1Ian Miles
 
It industry innovation
It industry innovationIt industry innovation
It industry innovationIan Miles
 
E business part 4 of 4
E business  part 4 of 4E business  part 4 of 4
E business part 4 of 4Ian Miles
 
E business 3
E business 3E business 3
E business 3Ian Miles
 
E business 2
E business 2E business 2
E business 2Ian Miles
 
e-Business part 1
e-Business part 1e-Business part 1
e-Business part 1Ian Miles
 

More from Ian Miles (20)

Scenarios - approaches for exploring urban futures
Scenarios - approaches for exploring urban futures Scenarios - approaches for exploring urban futures
Scenarios - approaches for exploring urban futures
 
What has happened to Foresight in the UK?
What has happened to Foresight in the UK?What has happened to Foresight in the UK?
What has happened to Foresight in the UK?
 
The future of services
The future of servicesThe future of services
The future of services
 
changing innovation and reshaping policy
changing innovation and reshaping policychanging innovation and reshaping policy
changing innovation and reshaping policy
 
KIBS - Knowledge Intensive Business Services - role in innovation systems
KIBS - Knowledge Intensive Business Services - role in innovation systemsKIBS - Knowledge Intensive Business Services - role in innovation systems
KIBS - Knowledge Intensive Business Services - role in innovation systems
 
Service Innovation Policy
Service Innovation PolicyService Innovation Policy
Service Innovation Policy
 
The New Service Economy: Innovation in Services
The New Service Economy: Innovation in ServicesThe New Service Economy: Innovation in Services
The New Service Economy: Innovation in Services
 
Knowledge Intensive Business Services and Innovation
Knowledge Intensive Business Services and InnovationKnowledge Intensive Business Services and Innovation
Knowledge Intensive Business Services and Innovation
 
Service Innovation - an overview
Service Innovation - an overviewService Innovation - an overview
Service Innovation - an overview
 
Grand Challenges, Disruptive Inovations, and Foresight
Grand Challenges, Disruptive Inovations, and ForesightGrand Challenges, Disruptive Inovations, and Foresight
Grand Challenges, Disruptive Inovations, and Foresight
 
Grand challenges and uk foresight
Grand challenges and uk foresightGrand challenges and uk foresight
Grand challenges and uk foresight
 
The Digital economy's next Top e-Business Model
The Digital economy's next Top e-Business ModelThe Digital economy's next Top e-Business Model
The Digital economy's next Top e-Business Model
 
Service economy 3.0
Service economy 3.0Service economy 3.0
Service economy 3.0
 
2011 autumn e business models 2
2011 autumn e business models 22011 autumn e business models 2
2011 autumn e business models 2
 
2011 autumn e business 1
2011 autumn e business 12011 autumn e business 1
2011 autumn e business 1
 
It industry innovation
It industry innovationIt industry innovation
It industry innovation
 
E business part 4 of 4
E business  part 4 of 4E business  part 4 of 4
E business part 4 of 4
 
E business 3
E business 3E business 3
E business 3
 
E business 2
E business 2E business 2
E business 2
 
e-Business part 1
e-Business part 1e-Business part 1
e-Business part 1
 

Recently uploaded

Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Commonwealth
 
Stock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfStock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfMichael Silva
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.KumarJayaraman3
 
Stock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfStock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfMichael Silva
 
Stock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfStock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfMichael Silva
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingHenry Tapper
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneurabcisahunter
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Guillaume Ⓥ Sarlat
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxsonamyadav7097
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?Stephen Perrenod
 
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxSlideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxOffice for National Statistics
 
Contracts with Interdependent Preferences
Contracts with Interdependent PreferencesContracts with Interdependent Preferences
Contracts with Interdependent PreferencesGRAPE
 
Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707harshan90
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Matthews Bantsijang
 
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...mwangimwangi222
 
What Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AIWhat Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AI360factors
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.Arifa Saeed
 

Recently uploaded (20)

Monthly Economic Monitoring of Ukraine No.230, March 2024
Monthly Economic Monitoring of Ukraine No.230, March 2024Monthly Economic Monitoring of Ukraine No.230, March 2024
Monthly Economic Monitoring of Ukraine No.230, March 2024
 
Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]
 
Stock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfStock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdf
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
 
Stock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfStock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdf
 
Stock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfStock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdf
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB funding
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptx
 
Commercial Bank Economic Capsule - March 2024
Commercial Bank Economic Capsule - March 2024Commercial Bank Economic Capsule - March 2024
Commercial Bank Economic Capsule - March 2024
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?
 
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxSlideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
 
Contracts with Interdependent Preferences
Contracts with Interdependent PreferencesContracts with Interdependent Preferences
Contracts with Interdependent Preferences
 
Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707
 
Effects & Policies Of Bank Consolidation
Effects & Policies Of Bank ConsolidationEffects & Policies Of Bank Consolidation
Effects & Policies Of Bank Consolidation
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
 
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...Solution manual for  Intermediate Accounting, 11th Edition by David Spiceland...
Solution manual for Intermediate Accounting, 11th Edition by David Spiceland...
 
What Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AIWhat Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AI
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.
 

corporate foresight - an introduction

  • 1. Ian Miles Manchester Institute of Innovation Research, MBS [email_address] Foresight and Business Futures MBA course Manchester April 2008
  • 2.
  • 3.
  • 4.
  • 5.
  • 6. Knowledge of Actual and Potential Evolution Competitors Clients Suppliers Collaborators Regulators Financiers Markets Social & Institutional Env Natural & Physical Env Process Technology Management Organisational Structure/ Design Routines Techniques Human Resources Product Technology & Design Health and Safety Sustainability Business Ethics CSR Science & Technology Location
  • 7. Knowledge of Actual and Potential Evolution Internal Environment External Environment Strategies Formal versus informal foresight; Routine versus emergency; Internal “versus” External Trend detecting and watching – main trends, weak signals Envisaging possible and plausible futures Opportunities as well as challenges - Coping with, changing, creating the future
  • 8. Functions of Foresight Public Relations Building Markets Influencing other stakeholders – Regulators, financiers, business partners, Standards-setters… Building a shared vision of a desirable future – or one to avoid at all costs Selecting priorities Designing strategies, assessing robustness Different functions may require different legitimation and expertise Exchanging knowledge, creating awareness
  • 10.
  • 11. Daimler Chrysler From Frank Ruff
  • 12. Daimler Chrysler From Frank Ruff
  • 13. Swiss Re - SONAR
  • 14. Swiss Re - SONAR
  • 15.
  • 16.