Future-Oriented Innovations

If you’re responding to the seismic shifts in your industry or trying to take a more long-term approach, changing your organization’s future orientation can bring significant benefits. Research has proven that businesses that have a strong focus on the future are more productive and creative. To be more forward-looking, you can encourage your employees and managers to develop new strategies and processes that help your company prepare for the future.

The development of innovative technologies that are geared towards the future requires a dialogue approach to assess business opportunities and potential barriers. This can be accomplished by using a futures literacy framework which incorporates futures knowledge as well as futures awareness and the capability to make decisions https://datatraininst.com/2020/05/09/advantages-of-adopting-a-future-oriented-approach-for-retrieving-information-from-a-data-room about the future. Futures literacy refers to the capability of an individual or company to recognize, create and articulate futures. It is based on the understanding that the creation and articulation of futures is an inter-disciplinary endeavor that involves a variety of domains, spheres, and stakeholders. Futures awareness is the capacity to recognize the existence of future possibilities and is built on an individual’s understanding of their individual perception of the world around them.

To ensure that we can achieve the future-oriented innovation that we want, it is imperative to create products and services that improve the lives of people. These improvements are the result of collaboration between several high-tech process stakeholders. They require a complex assessment of the current issues and alternative options. This kind of innovation demands a radical epistemic visibility and the ability to hear suggestions from the long term future.