How will Your Organization Prepare for Extreme Scenarios?

A BISS-project powered by the Service Science Factory

Rapid changes in technology, customer needs and society forces large organizations to constantly adapt to a changing context in order to remain relevant. Organizations therefore need to shift their strategy from a reactive to a pro-active approach, or in other words, they need to anticipate the future to prepare for it. Developing extreme scenarios paints a picture of the future and poses the opportunity for organizations to prepare for upcoming challenges and to make use of new opportunities.

Technology Scouting: Rethinking the Innovation Toolbox

Companies should reconsider their technology scouting strategies to proactively seek, identify and access external knowledge, skills, capabilities and intellectual assets. These may or may not be applicable to their current needs. However, these resources could quickly be activated to help address new challenges as they arise. Sort of an innovation toolbox, according to Michael Fruhling.