AI-Driven Strategic Foresight: Anticipating Future Trends and Modelling Business Strategies

In a generation characterized with the aid of speedy technological advancements, socio-monetary shifts, and environmental challenges, groups need to undertake proactive strategies to stay aggressive and resilient. Strategic foresight, which entails expecting destiny tendencies and modeling enterprise techniques, accordingly, emerges as a vital device in navigating this uncertainty. The trouble this have a look at addresses is the growing trouble groups face in predicting and making ready for destiny disruptions the use of conventional forecasting techniques. The number one goals of this have a look at are to discover the important thing methodologies and gear of strategic foresight, display how those techniques may be implemented to assume destiny tendencies, and offer insights on integrating foresight into enterprise approach formulation. This has a look at contributes to the present frame of information with the aid of using providing a complete evaluation of strategic foresight techniques, which includes environmental scanning, situation planning, the Delphi method, fashion evaluation, SWOT and PESTLE evaluation, and era street mapping. Research findings show that forward-looking strategies provide an organization with the ability to identify potential risks and opportunities, develop adaptive strategies, and achieve long-term growth Specifically, strategic organizations using anticipation reports a 30% increase in the ability to anticipate market fluctuations, a 25% improvement in strategic haste and a 20% reduction in unexpected disruptions, of consumer goods etc. Case studies of various industries demonstrate the practical application and usefulness of forecasting in real-world situations The study concludes that incorporating forward-looking strategies into business planning does not that it not only prepares organizations for future challenges but empowers them to shape their future and ensure sustainable competitive advantage.

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Publication Details

Published
2024-12-11
DOI
https://doi.org/10.1109/dasa63652.2024.10836619
Citations
11
Primary Topic
Digital Transformation in Industry
Type
article
Field-Weighted Citation Impact
3.84
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article

AI-Driven Strategic Foresight: Anticipating Future Trends and Modelling Business Strategies

Amer M. Ibrahim, Mohammad Khishe, Mayasa M. Abdulrahman, Ali Saeed et al.
11 citations
Digital Transformation in Industry
3.84
article

AI-Driven Strategic Foresight: Anticipating Future Trends and Modelling Business Strategies

Amer M. Ibrahim, Mohammad Khishe, Mayasa M. Abdulrahman, Ali Saeed, Jamal Fadhil Tawfeq, Ahmed Abdel Qader Ismail Alnajem, Abdulrazak A. Abdulrazak Al-Kubaisi
article en
11 citations

Abstract

In a generation characterized with the aid of speedy technological advancements, socio-monetary shifts, and environmental challenges, groups need to undertake proactive strategies to stay aggressive and resilient. Strategic foresight, which entails expecting destiny tendencies and modeling enterprise techniques, accordingly, emerges as a vital device in navigating this uncertainty. The trouble this have a look at addresses is the growing trouble groups face in predicting and making ready for destiny disruptions the use of conventional forecasting techniques. The number one goals of this have a look at are to discover the important thing methodologies and gear of strategic foresight, display how those techniques may be implemented to assume destiny tendencies, and offer insights on integrating foresight into enterprise approach formulation. This has a look at contributes to the present frame of information with the aid of using providing a complete evaluation of strategic foresight techniques, which includes environmental scanning, situation planning, the Delphi method, fashion evaluation, SWOT and PESTLE evaluation, and era street mapping. Research findings show that forward-looking strategies provide an organization with the ability to identify potential risks and opportunities, develop adaptive strategies, and achieve long-term growth Specifically, strategic organizations using anticipation reports a 30% increase in the ability to anticipate market fluctuations, a 25% improvement in strategic haste and a 20% reduction in unexpected disruptions, of consumer goods etc. Case studies of various industries demonstrate the practical application and usefulness of forecasting in real-world situations The study concludes that incorporating forward-looking strategies into business planning does not that it not only prepares organizations for future challenges but empowers them to shape their future and ensure sustainable competitive advantage.

University of Baghdad (IQ), Baghdad College of Economic Sciences University (IQ), Middle Technical University (IQ), Northern Technical University (IQ), Al-Farahidi University, Software (Spain) (ES), Yuan Ze University (TW)
Openalex Percentile: Top 6%
Digital Transformation in Industry
3.84
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