Whether it’s responding to seismic shifts in your industry or working to adopt a long-term strategy altering the future direction of your business can bring significant benefits. Research has shown that companies with a strong future orientation are more productive and innovative. To be more forward-looking, you can help your staff and management to come up with new strategies and processes to aid the organization in preparing for the future.

The development of innovative technologies that are geared towards the future requires a dialogue-based approach to evaluate business opportunities and possible barriers. This can be accomplished by using a framework of futures-literacy that encompasses futures knowledge and awareness, as well as the capability to make decisions about the future. Futures literacy is the capacity of a person or organization to determine futures, build them, and communicate them. It is based on the understanding that articulating and creating futures is multidisciplinary and requires numerous domains, spheres and stakeholders. Futures awareness is the capacity to be aware of the existence of possibilities for the future and is dependent on the individual’s perception of their own perception of the world around them.

To achieve a the future-oriented innovation that we want, it is imperative to create products and services that enhance the lives of the people. These improvements are the result of collaboration between various technologically advanced process stakeholders, and require a complex assessment of the current issues and the possible solutions. This type of innovation also requires a radical epistemic view and the ability to listen to suggestions from the long term future.

https://www.datatraininst.com/2023/05/11/environmental-sustainability-initiatives