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The Center for Creative Foresight is a research collective dedicated to studying big ideas that can drive sustainable business impact. Our current focus areas include augmented creativity, bioinspired design, and sustainable innovation. Our goal is to bring together thinkers from both academia and practice to work on big-picture problems. Contact us to partner with us in our work. Contact us at cf@cforesight.org.
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GenAI For Scenario Planning
Businesses are increasingly using strategic foresight methodologies like scenario planning to anticipate and address the escalating organizational uncertainties driven by climate change, global conflicts, and rapid technological advancements. However, traditional approaches to scenario planning have some inherent shortcomings. They include inadequacies in identifying the most relevant trends and external forces, based on varied levels of uncertainty; limits on how many scenarios they can consider in depth; and the lack of direction they provide for how to assess and prepare for multiple highly divergent scenarios simultaneously.
Read more: https://hbr.org/2023/11/use-genai-to-improve-scenario-planning