Review:
Strategic Foresight
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Strategic foresight is the systematic exploration of possible futures to help organizations make informed decisions and anticipate changes in their external environment.
Key Features
- Scenario planning
- Trend analysis
- Risk assessment
- Long-term planning
Pros
- Helps organizations anticipate potential challenges and opportunities
- Encourages long-term thinking and planning
- Promotes proactive decision-making
Cons
- Can be time-consuming and resource-intensive
- Uncertainty in predicting the future with accuracy