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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4.0 Module Overview and References

MegaStrat Course 4.0 Module Overview and References

How to derive stratgic options

In this MegaStrat module, you will learn to integrate principles of Long-Term Opportunity Foresight (LTOF) into organizational strategic planning and organizational goals. You will explore how LTOF informs innovation, R&D, and resource allocation, gaining the ability to translate foresight insights into actionable strategies. Additionally, you will identify and analyze relevant data sources for effective decision-making.

You will learn to …
  • Empower professionals with knowledge and skills
    • Enhance strategic thinking
    • Integrate Long-Term foresight principles
    • Align foresight efforts with organizational goals
  • Explore strategic options derivation process
  • Understand the role of LTOF in innovation and research
  • Translate foresight insights into actionable strategies

Preparatory reading references

A passing understanding of previous modules  is recommended, as it gives a overview of alternate methods for future foresight. 

Resources and References

https://www.cascade.app/blog/best-strategy-frameworks

business metrics; scenarios; strategy evaluation; strategic roadmap; risks; Decision-making; Strategic plan

https://www.cascade.app/blog/strategic-planning-process 

McKinsey’s horizon strategy template. https://www.cascade.app/templates/mckinseys-horizon-strategy-template 

Value discipline. https://www.cascade.app/blog/value-disciplines?hsLang=en-us

Stakeholder Theory Strategy Template

https://www.cascade.app/blog/how-to-implement-the-balanced-scorecard?hsLang=en-us 

https://www.cascade.app/templates/balanced-score-card

Ansoff Matrix Template https://www.cascade.app/templates/ansoff-matrix-strategy-template 

https://www.cascade.app/templates/porter-five-forces-template 

https://www.cascade.app/blog/porters-5-forces 

https://www.cascade.app/resources/swot-analysis-template-download 

https://www.cascade.app/blog/swot-analysis-template 

https://www.bcg.com/about/overview/our-history/growth-share-matrix 

https://www.cascade.app/templates/blue-ocean-strategy-template 

https://www.cascade.app/blog/blue-ocean-vs-red-ocean-strategy 

https://www.cascade.app/blog/value-chain-analysis-guide 

https://www.cascade.app/blog/how-to-do-a-pestle-analysis 

https://online.visual-paradigm.com/knowledge/scenario-planning/scenario-planning-templates-and-examples/ 

https://coe.gsa.gov/docs/Strategicforesight101.pdf 

https://www.itonics-innovation.com/strategic-foresight-guide#implementation

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