Making Organisations Fit to Drive Desirable Futures
20 Pages Posted: 20 Nov 2019
Date Written: November 1, 2019
Abstract
In an era of relentless change, many organisations are ill-prepared to make strategic decisions and deliver at pace. Based on more than a decade of research, this paper shows that driving desirable futures requires an integrated set of practices for detecting, sensing and acting on change in a manner that is aligned to the rate of change in the environment in which the organisation operates. The ability of an organisation to create foresight, innovation and transformation (FIT) advantages makes it more prepared to drive desirable futures. The paper also shows that future FITness leads to superior firm performance in the mid-term.
Keywords: Foresight, Innovation, Transformation
JEL Classification: E17, M1, M19
Suggested Citation: Suggested Citation