ABSTRACT

The foresight process is critical for the quality of results. One of the fundamental tasks of a foresighter is to develop and structure this process, in addition to focusing on content. A research commissioned by the European Union, for example, showed that half of the 18 surveyed companies did not have a formal corporate foresight (CF) process. One of the reasons is the intrinsic nonlinearity of foresight activities, whereby sometimes too much formalism becomes counterproductive. Another reason is the top management's poor consideration for the foresight process, due to its long-term impact and its distance from daily business objectives. The purpose of CF is to assist decision-making through methods that allow to anticipate risks and opportunities. Available data that can be used in the foresight process belong to three categories, or a recombination of them: information from the past, knowledge of the present and abilities to human intellect i.e., logic, intuition, judgement and modelling.