There is no doubt we are all living in a time of disruption and uncertainty. Of course. Coronavirus (COVID-19) is the current cause of this extreme disruption. A disruption that is leading many Business and IT Leaders into taking the stance that there is no reason to think about the future and long-term strategies because the current state is such a mess
They understandably want to focus on short-term tactical thinking that allows their organizations to clean up the mess before creating new ones.
But if this pandemic has confirmed one thing, it is that the world is fast-changing and the ability to just respond to disruptive events isn’t enough.
Along with the need to get back up and running in the short term, Business and IT leaders need to focus on Continuous Foresight for introducing new technology strategies, operating models, and technology responses to support their organization’s need to reevaluate business models. The new normal is not a repeat of how organizations operated before the pandemic, but an opportunity to create a new Emerging Normal. Organizations must strive to become future-fit. This has become abundantly clear in the wake of the COVID-19 Pandemic. Future-fit organizations actively prepare to respond to disruptions and anticipate change.
In my latest research note, Inventing the Future with Continuous Foresight, I discuss four recommendations to executive leaders oh why they must implement a disciplined strategic analysis process using continuous foresight. These recommendations are to:
- Illuminate potential blind spots and other unknowns to provide anticipatory strategies for responding to multiple types of disruptive forces.
- Use four action sets — we call the ASAP model – (acquire, synthesize, advocate, and prepare) providing a common methodology across the organization for tracking signals and trends.
- Develop a toolkit of trend analysis techniques for each stage of the methodology to plan for an actionable response to disruptions.
- Assign actions based on the nature and certainty levels of the future horizons for each disruptive trend, and continuously monitor impacts of those actions
Please take a few moments to check out the link in this post to read this important piece of research and I look forward to speaking with you personally about Continuous foresight in more detail.
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