If you’re responding to seismic shifts within your industry or attempting to take a long-term approach, changing your company’s future orientation could provide significant benefits. Research has revealed that companies with a strong future-oriented culture are more productive and more innovative. To make your organization more future-oriented it is possible to encourage employees and management to develop and implement new methods and strategies that help the organization better prepare for the future and adjust to the latest trends.

The development of future-oriented innovations requires a method of dialog to assess business opportunities and potential barriers. This can be accomplished using a futures literacy framework which includes futures knowledge and awareness of the future, as well as futures capability. Futures literacy is the capacity of an individual or a company to discern futures, develop them, and then articulate them. It is based on the idea that the process of articulating and constructing futures is multidisciplinary and involves multiple domains, spheres and stakeholders. Futures awareness is the ability to recognize the existence of future possibilities and is dependent on the individual’s perception of their personal perception of the world around them.

Future-oriented innovation can be achieved through developing https://datatraininst.com/2021/07/14/generated-post-2/ products and services that will improve people’s lives. These improvements are the result of collaboration between a variety of high-tech process stakeholders. They require a complex assessment of the present challenges and possible alternatives. This kind of innovation requires radical epistemic transparency and the capacity to listen to suggestions for the foreseeable future.