Every day and everywhere - in business, politics, or private life - decisions have to be made. Often these are made under uncertainty, based on assumptions about the future. Foresight describes the ability to anticipate future developments and to (re)act adequately and in time, hence Foresight enables better decision-making. look-out! aims at empowering organizations in building up Foresight capabilities and at supporting their Foresight activities.
Typically, Foresight activities consist of
- Identification of developments and trends with a potential impact on current and future business
- Selection of relevant developments and trends, based on further assessment
- Utilization of insights for starting new activities and/or validate existing activities