Verified Document

Planning Strategic Foresight People And PhD Model Answer

Stimulation of strategic thinking

The process of creating scenarios would make strategic organs in the government to think objectively about the future. Scenario building would therefore act as a catalyst for future thinking (Hammond 1998)

Creation of orientation knowledge

Creation of future scenario blocks acts as a knowledge base for future governments. This usually does not always equate to instant decisions for successive governments regarding certain national issues, but the body of knowledge is always availed to decision making organs when the real need arises. Scenario forecast can there fore be termed as a way of piling stocks of knowledge for future considerations (Hammond 1998)

Disadvantages of Strategic Foresight and future warning model

The biggest problem made by most organizations is the assumption that through following the strategic model effectively, the desired outcomes are going to be realized automatically. Strategic foresight models are built in unique circumstances and might not apply to all situations.

Conclusion

Strategic foresight is an integral tool in establishing a conventional future growth that would forward development initiatives in the long run. It becomes important for states to come up with a practical strategic oversight based on realistic analogies. This would go a long way in tackling governance issues which relate to National security and general National policies. The impact of different facets analyzed under the emerging PESTLE analysis would provide a good framework...

Strategic foresight would even help avoid future calamities which would be avoided through foresight of future calamities. Strategic oversight therefore becomes an important tool for managing the future. It would be important for the state to carry out a focus and analysis of existing trends first before formulating any National policies. This would give a glimpse of how practical the strategic oversight would be. Global forecast could however be a reliable source of data to base current strategies by including system models that would predict an overall outcome of the strategy and also identify the problematic areas.
References

Bolt, P 2005, American defense policy, New York, JHU Press.

Hammond, a 1998, Which world?: scenarios for the 21st century: global destinies, regional choices, Illinois, Earthscan.

Henderson, H 1996, Building a win-win world: life beyond global economic warfare, Berrett-

Koehler Publishers.

Inayatullah, S 2005, Questioning the future: methods and tools for organizational and societal transformation, Tamkang University.

Slaughter, R 2004 Futures beyond dystopia: creating social foresight, Routledge.

Schwartz, P 1996, the art of the long view: paths to strategic insight for yourself and your

Company Currency, New York, Doubleday.

World Economic Forum 2010, Global risks, 2010, viewed, 26t May 2010,

Wilber, K 2001, Theory of Everything: An Integral Vision for Business, Politics, Science and Spirituality, Shambhala.

Sources used in this document:
References

Bolt, P 2005, American defense policy, New York, JHU Press.

Hammond, a 1998, Which world?: scenarios for the 21st century: global destinies, regional choices, Illinois, Earthscan.

Henderson, H 1996, Building a win-win world: life beyond global economic warfare, Berrett-

Koehler Publishers.
Cite this Document:
Copy Bibliography Citation

Related Documents

Strategic Management Target: Strategic Management
Words: 2465 Length: 6 Document Type: Essay

S. economy is down, Target profits are likely to go down in response. Problem The main strategic problem is low employee wages, which has altered public perceptions. The retail industry is very unstable and some of the competition Target faces ebbs and flows quickly. The main competitors Target faces are Wal-Mart, K-Mart and Sears. Most cities have other smaller stores and department stores, which all compete with Target for the same customers.

SME Succession Planning in Canada
Words: 12312 Length: 45 Document Type: Essay

Succession Planning Glossary Succession Plan for Nadia La Russa Best Practices Survey Results When it comes to corporations and businesses of any size, succession planning is something that can and should be planned out in advance. As cited pervasively throughout the rest of the report, the following can all be asserted and proven. The need for succession planning is needed in all countries including Canada, the United States and in any other developed country in

Strategic Staffing
Words: 4127 Length: 14 Document Type: Term Paper

Strategy of Strategic Staffing Human Resources The Strategy of Strategic Staffing: Assessment, Efficacy, & Utility The Strategy of Strategic Staffing: Assessment, Efficacy, & Utility The professional landscape of the 21st century requires flexibility and innovation with regard to human resources, and that new methods such as strategic staffing, in alignment with an organizational strategy demonstrates efficacy and utility to the organization. The issue of the strategy of strategic planning is an issue that is

Strategic Leadership and Future Leaders
Words: 824 Length: 3 Document Type: Essay

Servant-Leadership is the model that most closely resonates with me, though I think the title a bit pretentious, even though I cannot think of a better one. According to Spears (2004), it comprises much of the attributes of Burns' (1978) transformational leadership, but it does not really require a charismatic leader, only a sincere one who follows up. I like that very much. However this is a long list of

Achieve the Strategic Objectives by
Words: 2623 Length: 8 Document Type: Literature Review

(Beasley, Branson, and Hancock, 2010, paraphrased) Srimai, Radford and Wright (2010) report that management needs "arriving from the evolving business ecology and focused on creating and sustaining competitive advantage, drive the destiny of PM systems during their evolutionary progression." (p.662) Management tools that presently exist are reported to be reflective of the "result of prior choices in the search for distinct performance measurement capabilities. Their evolution embodies trends in the

Leadership Qualities in Strategic Management
Words: 2222 Length: 7 Document Type: Case Study

The Xi-Cheung PartnershipSummaryThe case of Xi Jianping and Cheung's dye factory in China is a clear example of the challenges that can arise in a business venture. The two men had ambitious plans but made several mistakes that led to their factory's bankruptcy. Xi had no experience managing a factory. Cheung did, but he was also okay with cutting corners and skirting regulations. Together, they did not make the best

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now