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50 Years of corporate and organizational foresight: Looking back and going forward

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  • Gordon, Adam Vigdor
  • Ramic, Mirza
  • Rohrbeck, René
  • Spaniol, Matthew J.

Abstract

On the occasion of the 50th anniversary of Technology Forecasting & Social Change, we review the evolution of corporate and organizational foresight within the journal and look ahead to the coming decade. We apply a systematic literature review process to identify the major contributions in this area of foresight theory and practice spanning five decades and present a thematic summary of these articles. We reveal the concerns of authors as they have sought to apply foresight in corporations, organizations, and institutions; how they have attempted to resolve the concerns; and the progress the authors have made. We discuss how these authors have cumulatively defined and evolved this portion of the strategic foresight field, from integrating technology with market forecasting, to expanding forecast approaches to include multiple futures and integrating foresight to create agile and adaptive organizations. We use this as a base for discussing current priorities and future challenges in corporate and organizational foresight and suggest three trajectories for further research: (a) further advancing organizational foresight practices; (b) connecting organizational foresight to strategy practice and theory; (c) and connecting organizational foresight to innovation, engineering, and R&D management practices and theory.

Suggested Citation

  • Gordon, Adam Vigdor & Ramic, Mirza & Rohrbeck, René & Spaniol, Matthew J., 2020. "50 Years of corporate and organizational foresight: Looking back and going forward," Technological Forecasting and Social Change, Elsevier, vol. 154(C).
  • Handle: RePEc:eee:tefoso:v:154:y:2020:i:c:s0040162519304998
    DOI: 10.1016/j.techfore.2020.119966
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    References listed on IDEAS

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    Cited by:

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    10. Marinković, Milan & Al-Tabbaa, Omar & Khan, Zaheer & Wu, Jie, 2022. "Corporate foresight: A systematic literature review and future research trajectories," Journal of Business Research, Elsevier, vol. 144(C), pages 289-311.
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    13. Nazemi, Kawa & Burkhardt, Dirk & Kock, Alexander, 2022. "Visual Analytics for Technology and Innovation Management - An Interaction Approach for Strategic Decision Making," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 136215, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    14. Christopher Münch & Heiko A. von der Gracht, 2021. "A bibliometric review of scientific theory in futures and foresight: A commentary on Fergnani and Chermack 2021," Futures & Foresight Science, John Wiley & Sons, vol. 3(3-4), September.
    15. Merit Tatar & Tarmo Kalvet & Marek Tiits, 2020. "Cities4ZERO Approach to Foresight for Fostering Smart Energy Transition on Municipal Level," Energies, MDPI, vol. 13(14), pages 1-30, July.
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    20. Waßenhoven, Anna & Rennings, Michael & Laibach, Natalie & Bröring, Stefanie, 2023. "What constitutes a “Key Enabling Technology” for transition processes: Insights from the bioeconomy's technological landscape," Technological Forecasting and Social Change, Elsevier, vol. 197(C).
    21. Santos-Vijande, María Leticia & López-Sánchez, Jose Ángel & Pascual-Fernández, Primitiva & Rudd, John M., 2021. "Service innovation management in a modern economy: Insights on the interplay between firms’ innovative culture and project-level success factors," Technological Forecasting and Social Change, Elsevier, vol. 165(C).

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