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Rapid Foresight For Business Strategy and Innovation
Rating: 4.2 out of 5(34 ratings)
143 students

Rapid Foresight For Business Strategy and Innovation

Exploring the near plausible futures for growth
Created bySajan Mathew
Last updated 2/2022
English

What you'll learn

  • Learn a systematic and sprint based approach to applying strategic foresight for near plausible future
  • Tools and techniques of strategic foresight to understand and leverage disruptive change for innovation
  • Ability to scan and identify trends, weak signals, and change drivers that are likely to impact the business operating environment
  • Test assumptions about the future, understand knowns and unknowns about the future
  • Frame challenges from multiple perspectives and keeping it human-centric
  • Identify and assess future risks and develop action steps to mitigate risks
  • Identify future growth platforms and build product and service ideas for the growth in the emerging future
  • Co-design strategies and align on decisions and choices regarding people, technology, capabilities, and business model to succeed in the future
  • Ability to use facts and insights about the future to drive decision making for the business

Course content

10 sections30 lectures2h 41m total length
  • Introduction and Overview4:36

    A brief overview and introduction to the course.

  • Importance of human insight, tech foresight, and experimentation for the future5:20
  • How disruption emerge2:27
  • Why invest into Foresight8:19
  • Innovation as an Offensive Strategy4:18
  • What we know about the Future14:42
  • Strategic foresight fundamentals7:47
  • Rapid Foresight approach and Course Project6:54

Requirements

  • Creative thinking

Description

The course focuses on teaching leading tools, techniques, and principles of Strategic Foresight and a systematic approach to applying them to identify growth opportunities and anticipate risks in the near plausible future and develop a strategy to win using Rapid Foresight Canvas. Rapid Foresight Canvas builds on strategic foresight to help identify the changes and shifts in the business environment and map out what business competencies would be needed for the plausible future world through a sprint based approach and facilitating a structured conversation with your team. Each learning module contains introductions for the course project. Through the course project, you would be capturing and assessing weak signals, trends and your assumptions about the future of your business environment and customers, co-design a future to identify new growth opportunities in the form of new products or services, develop a new strategy and roadmap or test the resilience of your existing or proposed strategy in the emerging future.

Who this course is for:

  • Business schools students both at Undergraduate and Post Graduate level
  • Product strategists
  • Business strategists
  • Small and Medium enterprise owners
  • Startup entrepreneurs