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How do companies envisage the future? Functional foresight approaches

Author

Listed:
  • Kononiuk Anna

    (Bialystok University of Technology, Faculty of Engineering Management, Wiejska 45A, 15-001 Białystok, Poland)

  • Sacio-Szymańska Anna

    (Institute for Sustainable Technologies - NRI, Kazimierza Pułaskiego 6/10, 26-600 Radom, Poland)

  • Gáspár Judit

    (Corvinus University of Budapest, Faculty of Business Administration, Institute of Business Economics, Department of Decision Sciences, Budapest, Hungary)

Abstract

The main aim of the paper is to present the synthesis of the results of methodological analysis conducted on examples of foresight projects executed in chosen companies representing four companies type: small and medium-sized enterprise (SME), nonprofit- organization, international corporations and consulting companies as well as to posit functional approach for the implementation of foresight research within organizations. The empirical part of the study is based on the qualitative approach. A multiple case study methodology is employed. The research objects are sixteen companies experienced in foresight research. The first part of the paper gives an overview of definitions of corporate foresight and the analysis of background that have influence on the conducting of foresight in large multinational companies on one side and SMEs on the other side. In the field of the theory of foresight research, the study demonstrates that there are different motivations for foresight introduction as well as different organizational structure of teams conducting the activities and the approaches that they use. In the practical perspective, the study and a detailed functional foresight approach proposed by authors could be valuable for SMEs who consider implementing foresight research into their strategic planning processes.

Suggested Citation

  • Kononiuk Anna & Sacio-Szymańska Anna & Gáspár Judit, 2017. "How do companies envisage the future? Functional foresight approaches," Engineering Management in Production and Services, Sciendo, vol. 9(4), pages 21-33, December.
    • Handle: RePEc:vrs:ecoman:v:9:y:2017:i:4:p:21-33:n:2
    DOI: 10.1515/emj-2017-0028
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    References listed on IDEAS

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    1. Iden, Jon & Methlie, Leif B. & Christensen, Gunnar E., 2017. "The nature of strategic foresight research: A systematic literature review," Technological Forecasting and Social Change, Elsevier, vol. 116(C), pages 87-97.
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    3. Konstantin Vishnevskiy & Dirk Meissner & Olga Egorova, 2015. "Foresight for SMEs: How to Overcome the Limitations in Small Firms?," HSE Working papers WP BRP 45/STI/2015, National Research University Higher School of Economics.
    4. Allan P. O. Williams, 2006. "Impact of Strategies," Palgrave Macmillan Books, in: The Rise of Cass Business School, chapter 13, pages 167-181, Palgrave Macmillan.
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