Insight To Action Inspirational Insights Podcast

How to Avoid Distorting Your Business Strategy with Patricia Lustig

Informações:

Synopsis

Once or twice a year companies reach into their tool kit and pull out strategy, then hope that it will hold for the whole year. The volatility of the global environment makes the idea of extrapolation, predicting the future based on the past, dangerously delusional. What do you do instead? Patricia Lustig, author of Strategic Foresight, explains how to move from using one future to using a range of possible futures.She also describes:How to develop your foresight muscles,How to scan emerging futures on a regular basis,What happens when you combine emerging trends together,What went wrong with the emergency response plan at the nuclear power plant Fukushima Daiichi and what other companies with emergency response plans can learn,How to work with the unthinkable,Why using foresight strategically gives you the side benefit of seeing patterns so critical for workplace health and decision making accuracy.Most people underestimate the amount and speed of change leaving all companies vulnerable to be caught unprepar