Integrating foresight into organizations

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    Integrating foresight into organizations - Presentation Transcript

    1. Integrating Foresight into Organizations: Three Perspectives for Making Foresight Come Alive Andy Hines World Future Society August 1, 2007
    2. About Social About Social Technologies Technologies Social Technologies is a leading research and consulting firm dedicated to helping organizations understand and shape the future of their business. Headquarters in Washington, DC, with offices in London and Shanghai.
    3. Agenda 1. Simple Foresight Audit – Framework – Levels – Responses to change (exercise) 2. Integrating Foresight into Organizational Processes – Benefits – Sample applications in: • New product development • Strategy • Market research 3. Responding to Challenges with Foresight – Types of change – Responding to change as a foresight unit (exercise)
    4. 1. Simple Foresight Audit • Framework • Levels • Responses to change
    5. What Level Is Your Organization Operating At?
    6. Typical Organizational Responses to Change A. Denial B. Acknowledgement, but too busy/not a priority C. Acknowledgement, mobilization, but not sure what to do D. Embracing the change; re-visioning the organization E. Other _________________________________
    7. 2. Integrating Foresight into Organizational Processes • Benefits • Example applications in: – New business and new product development – Strategy – Market research
    8. Benefits of Foresight Activity Benefits FRAMING (22%) 1. Thinking more diverse open, balanced and non-biased (9%) 2. Focusing on the right questions and problems more clearly (7%) 3. Being aware of, and influencing, assumptions and mental models (6%) SCANNING (16%) 4. Understanding the context, in all its complexity, through establishing frameworks (5%) 5. Anticipating change and avoiding surprise (10%) FORECASTING 6. Producing more creative, broader, and deeper insights (16%) (22%) 7. Identifying a wider range of opportunities and options (5%) VISIONING (10%) 8. Prioritizing and making better and more robust decisions (10%) PLANNING (7%) 10. Constructing pathways from the present to the future that enable rehearsing for the future (7%) ACTING (23%) 10. Catalyzing action and change (7%) 11. Building alignment, commitment and confidence (14%) 12. Building a learning organization (2%)
    9. Foresight for New Product Development NPD/NBD Exploration Stage Gate Process 1. Investigate Product Concepts 2. Ideate 3. Evaluate New Businesses 4. Communicate Growth & Platforms New Products Generate 1. Investigate Concepts 2. Ideate 3. Evaluate 4. Communicate Find the Growth Platforms
    10. 1. Investigate: Trends, Needs & Ideas Log Category # Platform Trends Needs (problems & desires) Specific Ideas
    11. 2. Ideate: Concept Statement Trends/Assumptions/Discos Needs/Problems to Solve Opportunities •x •X •x x •x •x •x x •x •x •x x •x •X •x x •X Lead Companies •x •x Graphics •x •x •x •x Market Input X
    12. 3. Evaluate: Evaluation Matrix Value Likelihood - probability of technical and commercial success
    13. Foresight for Strategy Development Horizons of Growth Horizon 3 – Create Viable Options • Research projects, Funded initiatives • Potential for growth – new ideas -> projects • Need robust number – only a few will survive Horizon 2 – Build Emerging Business • New ventures taking root • Could transform company with growth Profit • Potential for growth – new streams of revenue, maturing Horizon 3s Horizon 1 – Extend and Defend Core Business • Heart of the organization • Majority of profit and cash flow • Potential for growth – new channels, new customers, incremental product changes Time (years) Horizon 0 – Those past their prime, staying on for legacy or other reasons ???? Source : The Alchemy of Growth by Mehrdad Baghai, Stephen Coley and David White, 1999 14
    14. Analysis • Where is the majority of your portfolio? How balanced? • Where does senior management spend their time? What projects are discussed in executive sessions? • How does investment strategy align? • Do you let H3s become H2s or is there an immediate need for them to be H1s? • Do you have any H0s? • Are you measuring the different Horizons correctly • How do you “promote” your offerings? 15
    15. Foresight for Market Research Consumer Usage Themes Time
    16. Identifying Usage Themes 2009-2011 2012+ 2006-2008 Families Seniors Techies Usage Theme: Most important or dominant consumer-driven usage behavior in a given time segment. Looking for Themes that “cascade” or drive other segments’ behavio
    17. Understanding and Mapping Implications • What are major emerging needs? • What are the emerging capabilities? How do the crossing of these create opportunities or “sweet spots”? • What specific products or technologies from the current portfolio are involved? • How will addressing these opportunities impact relevant parts of the business? • What disruptions (positive or negative) could alter this roadmap?
    18. 3. Responding to Challenges with Foresight • Types of change • Responding to change as a foresight unit (exercise)
    19. Types of Change
    20. Responding to Change Second Exercise: Sample Situation • Your company: A television network • Change experienced: Google reveals plan to become the world’s leading provider of “television” programming by 2015 by delivering over the Web • How your leadership has responded: Acknowledgement, mobilization, but not sure what to do • As a foresight unit, how would you use foresight to help the organization respond more effectively
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