The idea of foresight is to increase the effectiveness of methodology arsenal, networking processes and focused decision-making [9, p. 14].
Overall, the results of our research may contribute to improve the effectiveness of strategic foresight and to increase its value added to the planning process of corporate firms, while providing helpful insight to public organizations that promote foresight exercises for enhancing the competitiveness of local firms.
How to increase Foresight awareness among companies?
The use of foresight or the strategic foresight approach has been increasing in large companies to increase the innovation competence of organizations [4, 5] and to support strategic management [6].
In this paper practical ways to reduce the deficit are proposed that ought to increase the responsiveness of Foresight programmes to society's values, concerns and expectations.
Hence, based on a literature review, two management concepts are suggested as means to increase the level of foresight maturity in companies.
Foresight estimates that 10.4percentt of commercial construction loans are troubled, but expects that to increase as the year goes on.
Many of these problems are avoidable with the necessary foresight, and these Guidelines have been prepared to provide those new to the field and others engaged in teaching and instruction with the information necessary to increase their awareness of the problems and to enable them to deal with them effectively.
Mr. Sherman and others blame New Jersey Transit for not having the foresight to plan for the increased need and for placing a burden on working mothers.
Based on the results of an empirical study of Rohrbeck and Schwartz [21], the authors conclude that the formalized process of foresight might increase the ability of Podlaskie companies in detection, interpretation and reaction to unprecedented events and trends.
