Future-Oriented Innovations

If it’s responding to seismic shifts in your industry or trying to develop a more long-term plan altering the future direction of your business can bring significant advantages. Research has demonstrated that companies with a strong future-oriented mindset are more productive and innovating. To make your organization more future-oriented, you can encourage managers and employees to develop and implement new strategies and procedures that help the organization prepare for the future and adapt to emerging trends.

The development of innovative technologies that are geared towards the future requires a dialogue-based approach to assess business opportunities and potential obstacles. This can be achieved by using a framework of futures literacy which includes futures knowledge and awareness of futures, as well as futures capabilities. Futures literacy is the capacity of an individual or company to discern futures, develop their own, and articulate them. It is based on the belief that the process of creating and articulating futures is multidisciplinary and involves many domains, spheres, and stakeholders. Futures awareness is the ability to recognize future possibilities. It is based on the way they perceive of the world.

Future-oriented innovation can be achieved by creating products and services that can improve people’s lives. These improvements are the result of a collaboration amongst several high tech procedure stakeholders and require a detailed analysis of present problems and possible solutions. This type of innovation also requires a complete epistemic understanding and the ability to take in suggestions from the long term future.


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