TOPIC 7 - Horizon scanning

Question 1

What percentage of top management attention is typically accorded to industry future thinking?

Answer 1

3% Percent of top management attention accorded to industry future thinking (the cross sections between the three circles).”

Question 1

What is the objective of scanning the horizon in strategic foresight?

Answer 1

Seeking early signals of changing external conditions.”

Question 2

What kinds of events or trends are typically detected through horizon scanning?

Answer 2

Detecting scientific, technical, economic, societal, cultural, market & policy events, for example: New attitudes, values, fashions, new capabilities, new problems or needs, deviation from expected trends.

Question 3

hat is meant by “There is no ‘future’ to look at” in the context of horizon scanning?

Answer 3

We are looking for events that are already manifest today, that are early clues to the future.

Question 4

What are sometimes referred to as “Weak signals” in strategic foresight?

Answer 4

Early clues to the future” are sometimes called “Weak signals.

Question 5

Describe the radar narrowing process in strategic foresight

Answer 5

Radar narrowing process: Identification, Selection, Assessment, Dissemination.

Question 6

What are ‘Radar cards’ in the context of strategic foresight?

Answer 6

“Radar cards” would refer to a tool or method used in strategic foresight for visualizing and organizing information about detected signals relevant to the organization.

Question 7

What are some of the scanning sources for horizon scanning?

Answer 7

Formal sources like patents and licenses, journals, databases, and informal sources like R&D cooperations with universities, fairs, customer interviews, and personal networks.

Question 8

What does the radar in strategic foresight represent?

Answer 8

A visualization of known change signals relevant to the organization, on an implied time scale

Question 9

What areas should be considered when thinking about cultural ideas that will emerge to make sense of the world?

Answer 9

“Social values, scientific models, culture, economic systems, religion, politics, and public policy.”

Question 10

What are the five categories in point of impact scanning?

Answer 10

Think
What cultural ideas will emerge to help us make sense of the world?

Produce
What tools will be developed to produce goods and services?

Use
What goods and services will we make and how will we consume them?

Frame
What social structures will be created or reframed?

Connect
What technologies, mediums and arts will be used to connect people, places and things?