The document discusses the need for businesses to be future ready by embracing constant change and innovation. It outlines how the business environment is increasingly volatile, uncertain, complex and ambiguous due to factors like new technologies, globalization, and changing customer expectations. It emphasizes that strategic foresight and effective change management are critical functions for organizations to understand trends, plan for different scenarios, and implement changes internally to continuously adapt, disrupt or be disrupted. The key is putting people at the center of change efforts by including them in the process and retraining/redeveloping employees to enable transformation.

1. Being Future Ready
By
Harish Shah

2. An Overview
The Innovation Age
Constantly Changing Business Environment
Strategic Foresight
Effective Change Management

3. The Innovation Age
The Basics

4. About Co-Creating Value
Continuously Building & Maintaining Access to an Array of Resources
Rapid Customisation of Experiences for Individual Customers

5. Disrupt or Be Disrupted
Continuously Staying Ahead by Continuously Improving
Causing the Change rather than Adapting to Change

6. Acting on the Information
Utilising the Virtually Unlimited Access to Information for Application
Using Information, Knowledge and Wisdom for Newer & Better Creations

7. Constantly Changing Business
Environment
The Norm for the Decades Ahead

8. VUCA – The New Normal
Volatility
Uncertainty
Complexity
Ambiguity

9. Human Conflict
Terrorism at the Heart

10. Technological Evolution
Mass Automation
Accelerating Digitisation
Interconnected and Integrated World

11. New Economic Realities
Shifting Wealth
Short Turbulent Cycles

12. Changing Nature of Work
Widespread Telepresence
Automation of Linear Tasks
Job and Income Securities are History
Ever Increasing Efficiency of Processes
Shift for Employee-Society to Entrepreneur-Society

13. Health
Increase in Antibiotic Resistance
Mutating Viruses
Multiple Pandemics

14. New Generations
Millennials and iGens are markedly different from all prior Generations
Better Informed, More Knowledgeable, Significantly More Intelligent

15. Impact of Innovation
Increased Risk of Disruption
Increased Risk of Displacement
Constant need to Change & Adapt
Innovation is a Core & Critical Function
Strategic Foresight is a Core & Critical Function

16. Strategic Foresight
The New Essential Core Organisational Function

17. Trend Analysis
What are the trends of the past telling us about the future?
What will the trends of today lead to tomorrow?

18. Scenario Planning
Identifying Possible Future Realities
Essential Precursor to all Plans

19. Effective Change Management
Minimising Detriments & Maximising Benefits Through Change Efforts

20. Recognising Need For Change
Identifying Changes in the Broader Business Environment
Recognising the Impacts of Different Factors in Business Environment

21. Implementing Internal Change
Adjusting Organisational Objectives, Policies, Strategies & Processes
Possibly Involves a Reboot of Culture & Structure
A Re-evaluation of Resources

22. Putting People First
Getting Internal Buy-in
Including People into the Change Process
Retraining and Redeveloping People to Enable & Empower

23. Change in the Future
More about Transformation
More Frequent and More Rapid

24. Let’s Talk
For more information, send your queries to
harish_shah@stratservconsultancy.com
Or call +65 94510637