TY - JOUR AB - Purpose– The objective of this study is to provide a support tool for managers to identify future business opportunities.Design/methodology/approach– The proposed model consists of eight-steps. For the first step the authors propose two studies: trends analysis and change drivers' identification; these help to identify the most relevant trends in areas that may affect the business activities. All this information is put into a Delphi process with the help of experts in order to find the common denominator of where the future is going; afterwards, with this information, the authors can build events and scenarios for the business opportunities. Then, a diagnostic of the study area, sector or organization through the dynamic diagnostic methods is performed.Findings– Once the opportunities have been identified, a strategic analysis that allows decision making to prioritize and define the activities or projects that may be achievable in the future is done, and the result of the process is a portfolio of business opportunities projects fully defined and ready to be planned with a roadmap.Originality/value– The proposed model allows the managers to consistently organize their development processes targeted to real business opportunities. VL - 15 IS - 6 SN - 1463-6689 DO - 10.1108/FS-10-2012-0076 UR - https://doi.org/10.1108/FS-10-2012-0076 AU - Güemes Castorena David AU - Romero Rivera Geovanny AU - Villarreal González Amado ED - Tugrul Daim PY - 2013 Y1 - 2013/01/01 TI - Technological foresight model for the identification of business opportunities (TEFMIBO) T2 - Foresight PB - Emerald Group Publishing Limited SP - 492 EP - 516 Y2 - 2024/04/25 ER -