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Foresight, cognition, and long-term performance : insights from the automotive industry and opportunities for future research

Foresight, cognition, and long-term performance : insights from the automotive industry and opportunities for future research
Foresight, cognition, and long-term performance : insights from the automotive industry and opportunities for future research
We explore the relationship between foresight and managerial cognition and the contribution of foresight to the long‐term performance of organizations facing major sources of uncertainty. Our research setting is the automotive industry, a compelling research setting for illustrating and reflecting upon the role of foresight in strategic decision making, as the industry is currently experiencing major drivers of change and technological discontinuities. We carefully examined the most recent empirical and theoretical works in the field of foresight, by conducting a thorough literature review. We found that scholars and practitioners increasingly emphasize the ability of foresight to change the mental models of senior managers and the role of such ability in the long‐term adaptation to external changes. Overall, our study contributes to the development of a programmatic stream of research in the domain of foresight and future studies.
Vecchiato, Riccardo
13e3c385-a9ff-4b48-bd91-93a2b6309eaa
Favato, Giampiero
dba99609-2891-4ad2-acdc-a85019c1d6e9
Maddaloni, Francesco
0fb26190-e9e8-48f3-8230-32fc8d9b34e4
Do, Hang
98fe3248-9673-4c6a-8f9a-74cf68a59930
Vecchiato, Riccardo
13e3c385-a9ff-4b48-bd91-93a2b6309eaa
Favato, Giampiero
dba99609-2891-4ad2-acdc-a85019c1d6e9
Maddaloni, Francesco
0fb26190-e9e8-48f3-8230-32fc8d9b34e4
Do, Hang
98fe3248-9673-4c6a-8f9a-74cf68a59930

Vecchiato, Riccardo, Favato, Giampiero, Maddaloni, Francesco and Do, Hang (2019) Foresight, cognition, and long-term performance : insights from the automotive industry and opportunities for future research. Futures & Foresight Science, [e25]. (doi:10.1002/ffo2.25).

Record type: Article

Abstract

We explore the relationship between foresight and managerial cognition and the contribution of foresight to the long‐term performance of organizations facing major sources of uncertainty. Our research setting is the automotive industry, a compelling research setting for illustrating and reflecting upon the role of foresight in strategic decision making, as the industry is currently experiencing major drivers of change and technological discontinuities. We carefully examined the most recent empirical and theoretical works in the field of foresight, by conducting a thorough literature review. We found that scholars and practitioners increasingly emphasize the ability of foresight to change the mental models of senior managers and the role of such ability in the long‐term adaptation to external changes. Overall, our study contributes to the development of a programmatic stream of research in the domain of foresight and future studies.

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More information

Accepted/In Press date: 5 October 2019
e-pub ahead of print date: 23 October 2019

Identifiers

Local EPrints ID: 437483
URI: http://eprints.soton.ac.uk/id/eprint/437483
PURE UUID: d8853192-1eb0-4cb4-917e-42ab4e1dbb7c
ORCID for Hang Do: ORCID iD orcid.org/0000-0001-8560-8119

Catalogue record

Date deposited: 31 Jan 2020 17:34
Last modified: 13 Dec 2021 03:36

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Contributors

Author: Riccardo Vecchiato
Author: Giampiero Favato
Author: Francesco Maddaloni
Author: Hang Do ORCID iD

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