MegaStrat Course

Module 1: How to look into the future - Future Literacy
1.0 Module 1 Overview and References
1.1 Strategic foresight as a basis for Strategic Planning in SMEs
1.2 Clarification of the definition of strategic foresight
2 Topics
1.2.1 What is strategic foresight?
1.2.2 Difference between strategic foresight and other terms
1.3 Purpose and importance of longterm foresight for SME’s strategic planning
3 Topics
1.3.1 Purpose of strategic foresight
1.3.2 Differentiation between the three dimensions of strategic foresight
1.3.3 Advantages of strategic foresight for SMEs
1.4 Basic criterias for strategic future scenarios
2 Topics
1.4.1 Basic criterias for scenario planning
1.4.2 Reflection: European Transport Industries
Module 2: How to analyse future research resulte - Potentials
2.0 Module Overview and References
2.1 Why is it important to use foresight methods and to evaluate emerging technologies?
2.2 Types of methods and tools
2.3 Choosing the right methods
2.4 Case Study Examples
Module 3: How to create good Scenarios
3.0 Module 3 Overview and References
3.1 Defining Scenarios
3.2 Finding the right framework conditions
3 Topics
3.2.1 Asking the right questions – or setting a framework
3.2.2 Questions about scenario selection
3.2.3 Writing Process and Timeframe
3.3 Gather Data and Drivers
3.4 Making Scenarios in Detail
1 Topic
3.4.1 Scenario Development
3.5 Scenario Writing Techniques
1 Topic
3.5.1 Scenario Writing Techniques
MODULE 4: How to derive strategic options
4.0 Module Overview and References
4.1 Deriving Strategic Options
1 Topic
4.1.1 Models
4.2 Integrating LTOF principles into the strategic process
2 Topics
4.2.1 Introduction to Long-Term Foresight (LTOF) Principles
4.2.2 Integrating LTOF into strategic planning
4.3 Aligning foresight effort with organizational mission and goals
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2.1 Why is it important to use foresight methods and to evaluate emerging technologies?

MegaStrat Course 2.1 Why is it important to use foresight methods and to evaluate emerging technologies?

Foresight methods and emerging technologies

Why is it important to use foresight methods?

  • Thinking about desired futures is the first step to shaping it.
  • Identifying and exploring future challenges and opportunities gives a competitive advantage.
  • Becoming prepared for the future:
    • Plan for success.
    • Identify threats before they become a crisis.
    • Enhance resilience.
  • Improving corporate agility.
  • Appearing more innovative and forward thinking in the eyes of the costumer.

Why is it important to evaluate emerging technologies?

Information on emerging technologies can give:

  • An early hint on where to prioritize R&D budget.
  • Indications for decisions in early development stages that can influence future functionality, cost, and environmental consequences.
  • Insights into new policies for societal, economic, ethical, and legal considerations.
  • Indicators of the potential impact of emerging technologies, allowing future risks to be assessed.
  • Arguments to convince stakeholders of adapting to technological changes.
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