The Benefits of Foresight

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The benefits of foresight are both intangible and tangible. The intangible benefits that arise from the foresight process itself include:

  •  Increased receptiveness to signals of change and improved readiness to address changes.
  •  Greater knowledge and better judgement about how to use resources.
  •  More agile minds and organizations that are able to provide rapid, mature and effective responses to change through understanding the forces shaping the future.
  •  Improved effectiveness of networks of individuals and organizations to address change together.

Tangible benefits arise from outputs. These outputs provide guidelines for action and evaluation and include products such as:

  •  Reports and Recommendations
  •  Priority lists
  •  Roadmaps
  •  Strategies
  •  Scenarios
  •  New partnerships