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Corporate foresight in light of the COVID‐19 pandemic—The crisis as a driver?

  • AbstractOur study emphasizes the evolving nature and increasing relevance of corporate foresight (CF) in a volatile, uncertain, complex, and ambiguous world. This research, therefore, contributes to the foresight literature, concerned with the antecedents and motivators of CF as it investigates how external events that are characterized by great uncertainty influence the CF practice of large companies. On the example of the COVID‐19 pandemic and based on a study of 25 interviews, this empirical research reveals that such events provoke an intensified engagement with the future within companies as implied by a greater resource commitment and interest in foresight. Thereby, CF and especially the development of multiple future scenarios, are considered helpful in countering uncertainty and facilitating responsiveness.

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Metadaten
Author:Theresa Schropp, Jan Oliver SchwarzORCiD, Fabian Buder
Language:English
Document Type:Article
Year of first Publication:2024
published in (English):Futures & Foresight Science
Publisher:Wiley
Place of publication:Hoboken
ISSN:2573-5152
Pages:12
Article Number:e178
Review:peer-review
Open Access:ja
Version:published
URN:urn:nbn:de:bvb:573-45121
Related Identifier:https://doi.org/10.1002/ffo2.178
Faculties / Institutes / Organizations:Fakultät Wirtschaftsingenieurwesen
Bayerisches Foresight-Institut
Licence (German):License Logo Creative Commons BY-NC-ND 4.0
Release Date:2024/02/21