Future-Oriented Innovations

If you’re attempting to respond to seismic shifts in your industry or attempting to adopt a more long-term approach, changing your organization’s future orientation can bring significant benefits. 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 inspire your employees and managers to develop new strategies and processes to assist the company in planning for the future.

The development of future-oriented innovations requires a dialogue-based approach to evaluate business opportunities and potential obstacles. This can be achieved by making use of a framework for futures-based literacy which incorporates futures knowledge and awareness of futures, as well as the capability to make decisions about the future. Futures literacy refers the capacity of an individual or organization to identify, construct and articulate futures and is based on the understanding that the creation and expression of futures is an inter-disciplinary advantages of adopting a future oriented approach endeavor that spans multiple domains, spheres and stakeholders. Futures awareness is the capacity to be aware of the existence of future possibilities and is based on an individual’s awareness of their individual perception of the world around them.

In order to bring about an innovative future, it is essential to create products and services that improve the lives of the people. These improvements are the result of collaboration among several high-tech procedure stakeholders, and require a comprehensive assessment of the current issues and alternative options. This type of innovation requires a profound epistemic awareness and the ability to take in suggestions from the future.