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Foresight ,[object Object],Your secret weapon for long-term strategy,[object Object]
Foresight is sound judgment about the future,[object Object]
But to identify change ,[object Object],However, The purpose is not to predict the future ...,[object Object]
Awareness of impending change makes you better prepared to make strategic decisions.,[object Object]
Sadly, short-term busyness,[object Object],can inhibit long-term thinking about change.,[object Object]
Take the long view ,[object Object],remember: the future is not static, linear, singular or predictable.,[object Object]
Extrapolating the past forward is one possible future --,[object Object],but it is very likely wrong and definitely incomplete.,[object Object]
Statistics and facts come from behind and may therefore not identify change soon enough.,[object Object]
Focus on perspectives for tomorrow rather than precision. ,[object Object],If you wait to measure the tornado it may be too late.,[object Object]
Look for catalysts to and predictors of change,[object Object]
Consider many sources of change data  ,[object Object],• trend line shifts, new markets ,[object Object],• expert (and non-expert!) opinions ,[object Object],• anecdotes, complaints, rumors ,[object Object],• anomalies, discontinuities ,[object Object],• movies, talk shows, social media,[object Object]
Protect the alien  ,[object Object],• Accept people with different views ,[object Object],• Be a devil's advocate ,[object Object],• Challenge your own view of probable futures,[object Object]
Don't just spot trends ,[object Object],Interpret them,[object Object]
Look for patterns  ,[object Object],• Connect the dots ,[object Object],• Don't just put down a piece of the puzzle ,[object Object],• Be the first to put down the LAST piece ,[object Object],• Use both qualitative and quantitative data,[object Object]
Create metaphors & analogies ,[object Object],to help you envision and understand the future,[object Object]
Avoid single solutions ,[object Object],Think in terms of multiple futures,[object Object]
Use foresight to define PREFERRED futures,[object Object]
Now it's up to you  ,[object Object],• Foresight is just the beginning, ,[object Object],• but it's an important start to strategy ,[object Object],• ... and to business model renewal. ,[object Object],• So keep asking questions. ,[object Object],• And keep learning!,[object Object]
Business Model REnewal ,[object Object],Linda Gorchels, www.BrainSnacksCafe.com,[object Object]

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