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Article
Publication date: 8 June 2015

Riccardo Vecchiato

The main purpose of this paper is to address a key issue in literature on management and foresight: the author explores how firms might cope with the increased turbulence…

Abstract

Purpose

The main purpose of this paper is to address a key issue in literature on management and foresight: the author explores how firms might cope with the increased turbulence of the business environment.

Design/methodology/approach

This paper is based on a multiple case study of major firms of the energy and the mobile communication industries.

Findings

The focus is on strategic foresight and organizational flexibility: the author introduces the concept of “boundary uncertainty” and investigates its managerial implications.

Originality/value

The main contribution of this paper is to expand our understanding of environmental uncertainty and to reinvigorate the study of strategic decision making in turbulent industries. The author provides descriptive data on the foresight approaches that some of the world’s largest and most influential companies used throughout the 2000s for remaining aligned with their fast-paced environments, and thus informs the debate between the “planning” and the “learning” schools of strategic management.

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Article
Publication date: 24 August 2012

Riccardo Vecchiato

The main purpose of this article is to promote further systematic inquiry into the field of strategic foresight. It carefully aims to re‐examine the notion of

Abstract

Purpose

The main purpose of this article is to promote further systematic inquiry into the field of strategic foresight. It carefully aims to re‐examine the notion of environmental uncertainty, the main theoretical approaches advanced by literature on strategy to cope with uncertainty, and foresight activities in corporate organizations.

Design/methodology/approach

This article is theoretical in nature. However, its insights are significantly based on empirical analysis: the author has been involved in the past ten years in in‐depth investigation of foresight practices in several international firms of different industries.

Findings

Several important issues and research questions on strategic foresight have remained largely unresolved from both an academic and managerial perspective. This paper outlines such questions.

Originality/value

The contribution of this paper is twofold. First, it links the work on strategic foresight to a wide range of related literature streams, thus revealing new connections and issues to be explored. Second, it develops a research agenda that may inspire further theoretical and empirical work on the nature and effects of strategic foresight efforts.

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Article
Publication date: 8 February 2013

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Politicians, analysts and historians who make brave predictions have to be admired for a willingness to put their head above the parapet and tell us how events are likely to unfold in the long term.

Practical implications

The paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to digest format.

Details

Strategic Direction, vol. 29 no. 3
Type: Research Article
ISSN: 0258-0543

Keywords

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