Future-Oriented Innovations

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If it’s responding to seismic shifts within your industry or trying to take a longer-term approach altering the future direction of your company can yield significant benefits. Research has demonstrated that companies with a stronger future orientation tend to be more efficient and creative. To be more futuristic, you can inspire your employees and management to create new strategies and processes to help your company prepare for the future.

To create innovative solutions that are geared towards the future it is essential to use a dialogic approach required to analyze potential barriers and business opportunities. This can be accomplished using a framework for futures literacy that includes knowledge of the future as well as futures awareness and futures capabilities. Futures literacy refers to the capacity of an individual or organization to construct, identify and articulate futures and is based on the understanding that the creation and expression of futures is a multidisciplinary process that involves different domains, spheres, and stakeholders. Futures awareness is an individual’s ability to recognize future possibilities. It is based on their view of the world.

Future-oriented innovation can be achieved by developing products and services that enhance the lives of people. These improvements are the result of collaboration between several high-tech procedure stakeholders, and require a detailed analysis of the current issues and the possible solutions. This kind of innovation requires a radical epistemic transparency as well as the ability to listen to suggestions for the future.