2 weeks ago

Strategic Foresight Helps Indian Industry Navigate Uncertain Times

Strategic Foresight Helps Indian Industry Navigate Uncertain Times
Industry using strategic foresight to navigate uncertain times · financialexpress.com

The world is changing very quickly, and surprises are happening all the time.

Big companies used to make long-term plans, but now those plans can break fast.

So companies are trying something called strategic foresight.

That means thinking about many different possible futures, like imagining different endings to a story.

That way, they are ready no matter what happens.

A man named Manoj Kothari helps companies think this way.

His company, Turian Labs, is in Pune, India.

Many big companies in India, like Tata and Samsung, are also doing this.

India is still learning how to work together on thinking about the future.

In October, Turian Labs is holding a big meeting called CrossDive to discuss these ideas.

Key facts

Core idea
Strategic foresight improves the quality of interpretation that shapes today's decisions, not prediction of the future
Quoted expert
Manoj Kothari, Founder and Chief Strategist, Turian Labs
Turian Labs
Strategic foresight, design research, and innovation consulting firm based in Pune
Early adopters
Tata Group, Aditya Birla Group, TCS, Indian automotive OEMs, Samsung, Swiggy, Hotstar
CrossDive summit
Global foresight and insight summit in Pune, October 22-23
IIT Jodhpur CTFP
Centre for Technology Foresight and Policy, established January 2020
Key drivers of uncertainty
Geopolitical realignments, AI advancing faster than institutions can adapt, changing economic assumptions, rapid technology diffusion

Quotes

Manoj Kothari

Founder and Chief Strategist at Turian Labs, Pune

“India’s competitive advantage may lie not in predicting the future, but in becoming better prepared for whichever future arrives.”
financialexpress.com
“It is not about predicting the future. It is about improving the quality of interpretation that shapes decisions today.”
financialexpress.com

Sources

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