Corporate foresight: developing a process model

Abstract Based on previous studies on corporate foresight, companies and organizations still suffer from the lack of a framework to encounter future economic conditions as well as assuring all relevant external changes and providing proper responses. This study developed capabilities of corporate fo...

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Main Authors: Sohail Dadkhah, Rohullah Bayat, Safar Fazli, Einallah Keshavarz Tork, Aboalghasem Ebrahimi
Format: Article
Language:English
Published: SpringerOpen 2018-10-01
Series:European Journal of Futures Research
Subjects:
Online Access:http://link.springer.com/article/10.1186/s40309-018-0147-7
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author Sohail Dadkhah
Rohullah Bayat
Safar Fazli
Einallah Keshavarz Tork
Aboalghasem Ebrahimi
author_facet Sohail Dadkhah
Rohullah Bayat
Safar Fazli
Einallah Keshavarz Tork
Aboalghasem Ebrahimi
author_sort Sohail Dadkhah
collection DOAJ
description Abstract Based on previous studies on corporate foresight, companies and organizations still suffer from the lack of a framework to encounter future economic conditions as well as assuring all relevant external changes and providing proper responses. This study developed capabilities of corporate foresight and the ability for companies and organizations to utilize foresight activities successfully. The research methodology of this study was mixed. The first step of this study was to extract components to devise a proposed model. The second step of this study was to validate the proposed model quantitatively. Findings indicate that the proposed framework of the study facilitated the analysis of future scenarios and developed a strategy by incorporating foresight methodologies. Part of the strategic planning included a plan for companies to recover against discontinuous changes and yield to decrease the uncertainty of companies.
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spelling doaj.art-9ea203eb4ee14d8692530217eb04ae0a2022-12-21T18:26:01ZengSpringerOpenEuropean Journal of Futures Research2195-41942195-22482018-10-016111010.1186/s40309-018-0147-7Corporate foresight: developing a process modelSohail Dadkhah0Rohullah Bayat1Safar Fazli2Einallah Keshavarz Tork3Aboalghasem Ebrahimi4Future Studies Department, Faculty of Social Sciences, Imam Khomeini International UniversityFuture Studies Department, Faculty of Social Sciences, Imam Khomeini International UniversityFuture Studies Department, Faculty of Social Sciences, Imam Khomeini International UniversityFuture Studies Department, Faculty of Social Sciences, Imam Khomeini International UniversityManagement Department, Faculty of Economic, Management and Social Sciences, Shiraz UniversityAbstract Based on previous studies on corporate foresight, companies and organizations still suffer from the lack of a framework to encounter future economic conditions as well as assuring all relevant external changes and providing proper responses. This study developed capabilities of corporate foresight and the ability for companies and organizations to utilize foresight activities successfully. The research methodology of this study was mixed. The first step of this study was to extract components to devise a proposed model. The second step of this study was to validate the proposed model quantitatively. Findings indicate that the proposed framework of the study facilitated the analysis of future scenarios and developed a strategy by incorporating foresight methodologies. Part of the strategic planning included a plan for companies to recover against discontinuous changes and yield to decrease the uncertainty of companies.http://link.springer.com/article/10.1186/s40309-018-0147-7ForesightCorporate foresight
spellingShingle Sohail Dadkhah
Rohullah Bayat
Safar Fazli
Einallah Keshavarz Tork
Aboalghasem Ebrahimi
Corporate foresight: developing a process model
European Journal of Futures Research
Foresight
Corporate foresight
title Corporate foresight: developing a process model
title_full Corporate foresight: developing a process model
title_fullStr Corporate foresight: developing a process model
title_full_unstemmed Corporate foresight: developing a process model
title_short Corporate foresight: developing a process model
title_sort corporate foresight developing a process model
topic Foresight
Corporate foresight
url http://link.springer.com/article/10.1186/s40309-018-0147-7
work_keys_str_mv AT sohaildadkhah corporateforesightdevelopingaprocessmodel
AT rohullahbayat corporateforesightdevelopingaprocessmodel
AT safarfazli corporateforesightdevelopingaprocessmodel
AT einallahkeshavarztork corporateforesightdevelopingaprocessmodel
AT aboalghasemebrahimi corporateforesightdevelopingaprocessmodel