Foresight for Practical Strategy for the CEO Institute March 2024

The key points were:

• Foresight is a skill like any other. Organisations need to decide how much of it they should do and how they create a system to continually review scenarios and signposts of change.
• This can be done top down with the involvement of stakeholders and staff members…OR
• It can be done by creating an outside in process such as the one that Haier operates where strategy is pushed out to the edges of the organisation.
• AI driven disinformation and misinformation is likely to flood the information space over the coming years. The Y has an opportunity to partner with other organisations to provide information that the general public can trust when they are exhausted in trying to sort out the truth from disinformation.
• The future of work is one where tasks are replaced, not jobs and the machines push humans into a smaller and smaller areas of work. Highly skilled cognitive tasks, and tasks that involve emotional intelligence will be the big winners.
• Working from home is changing communities, economic flows and volunteering opportunities as well as customer expectations of services.

Feedback:

On behalf of The CEO Institute, thank you for presenting to Syndicate No. 4 on
Thursday 07 March 2024. We at the Institute and our members, appreciate your time
and effort in supporting the program.
The following member comments are included for your interest:
▪ A very considered approach to formulating strategy.
▪ Fantastic presentation, entirely engaging and intelligently presented.
▪ Interesting insignhts
▪ Really creative thinking.
▪ Very thought provoking presentation.

You can view the presentation at: Foresight for Practical Strategy

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