: René Rohrbeck
: Corporate Foresight Towards a Maturity Model for the Future Orientation of a Firm
: Physica-Verlag
: 9783790826265
: 1
: CHF 161.10
:
: Management
: English
: 220
: Wasserzeichen/DRM
: PC/MAC/eReader/Tablet
: PDF
Have you ever wondered why even large companies fail when faced with changes in their environment? Would you be surprised to learn that the average life expectancy of a Fortune 500 company is below 50 years? This book presents findings from 19 case studies in multinational companies such as Siemens, Volkwagen, General Electric, Philips and Deutsche Telekom. René Rohrbeck proposes a Maturity Model to assess how prepared a company is to respond to external (disruptive) change. He uses data from 107 interviews with board members, corporate strategists, innovation managers, and corporate foresight professionals to present and discuss best practices. Using illustrations to show the complex interaction of corporate foresight with other units such as innovation and strategic management, René Rohrbeck provides the reader with rich insights on how to make an organization agile and reactive towards change. For scholars this book proposes multiple hypotheses and frameworks for future research.
Preface6
Foreword 18
Foreword 210
Foreword 312
Acknowledgments14
Contents16
List of Tables20
List of Figures22
Abbreviations24
Chapter 1: Introduction26
1.1 Motivation and Background26
1.2 Objectives and Research Questions31
1.3 Relevance of Research32
1.4 Structure of Thesis33
Chapter 2: Literature Review35
2.1 Strategic Management Perspective37
2.1.1 Environmental Scanning39
2.1.2 Corporate Change and Ambidexterity40
2.1.3 Decision Making48
2.2 Innovation Management Perspective49
2.2.1 Radical Innovations53
2.2.2 Disruptions54
2.3 Future Research Perspective59
2.3.1 A Brief Overview of Definitions and Relevant Terminology59
2.3.2 National Economy Perspective (Macro)59
2.3.3 Corporate Perspective (Micro)64
2.4 Management Theories72
2.4.1 Contingency Theory72
2.4.2 Resource-Based View73
2.4.3 Dynamic Capabilities74
2.5 Implications from Past Research for Corporate Foresight74
Chapter 3: Research Design78
3.1 Research Aims78
3.2 Research Strategy79
3.2.1 Sample and Case Selection80
3.2.2 Data Collection Instruments81
3.2.3 Key Informants82
3.3 Research Sequence84
3.4 Data Reduction and Coding86
3.5 Drawing Conclusions and Verifying Data86
3.5.1 Developing the Maturity Model of Corporate Foresight87
3.5.2 Identification and Discussion of Best Practices88
3.6 Measures Taken to Ensure Research Quality89
Chapter 4: The Maturity Model of Corporate Foresight93
4.1 The Elements93
4.1.1 Context95
4.1.2 Capabilities96
4.1.2.1 Information Usage96
4.1.2.2 Method Sophistication98
4.1.2.3 People and Networks99
4.1.2.4 Organization100
4.1.2.5 Culture101
4.1.3 Impact/Value Creation103
4.1.3.1 Reduction of Uncertainty104
4.1.3.2 Triggering Internal Actions108
4.1.3.3 Influencing Others to Act111
4.1.3.4 Secondary Benefits114
4.2 Maturity Levels115
4.2.1 Information Usage117
4.2.2 Method Sophistication120
4.2.3 People and Networks125
4.2.4 Organization126
4.2.5 Culture130
4.3 Usage Logic132
4.3.1 The Trade-Off Between Structure and Culture133
4.3.2 Process Dimension135
4.3.3 Usage Procedure137
4.3.3.1 First Step: Choosing the Overall Maturity Level138
4.3.3.2 Second Step: Choosing Between the Cultural and Structural Approach139
4.3.3.3 Third Step: Choosing Maturity Levels for Individual Capabilities141
4.3.4 Conclusion on Usage of the Maturity Model142
Chapter 5: Best-Practices in Corporate Foresight144
5.1 Networks of Scouts (Information Usage)144
5.1.1 Context and Motivation144
5.1.2 Description of Practice147
5.1.3 Evaluation151
5.2 Data Mining (Information Usage)152
5.2.1 Context and Motivation153
5.2.2 Description of Practice154
5.2.3 Evaluation157
5.3 Combining Scenario Analysis with Roadmapping (Method Sophistication)158
5.3.1 Context and Motivation159
5.3.2 Description of Practice160
5.3.3 Evaluation164
5.4 IT Collaboration Tools (People and Networks)166
5.4.1 Context and Motivation167
5.4.2 Description of Practice167
5.4.3 Evaluation170
5.5 Communicating Insights Through Participation (People and Networks)172
5.5.1 Context and Motivation172
5.5.2 Description of Practice173
5.5.3 Evaluation176
5.6 Linking Foresight to Strategy (Organization)177
5.6.1 Short-Term (1Year)178
5.6.2 Medium Term (3-5Years)180
5.6.3 Long Term (15-25Years)182
5.6.4 Evaluation183
5.7 Linking Foresight to Innovation Management (Organization)184
5.7.1 The Initiator Role185
5.7.2 The Strategist Role187
5.7.3 The Opponent Role189
5.7.4 Evaluation190
5.8 Involving Every Employee to Manage Discontinuous Change (Culture)191
5.8.1 Context and Motivation192
5.8.2 Description of Practice192
5.8.3 Evaluation196
Chapter 6: Discussion and Conclusion197
6.1 Managerial Contributions197
6.2 Theoretical Contributions200
6.3 Limitations and Future Research Directions204
Chapter 7: Appendix207
7.1 Interview Guideline207
7.2 Context Questionnaire209
7.3 Interview Templates212
7.4 Informants216
7.5 Internal Documents218
7.6 Public Information Sources220
7.7 Academic Publications by Informants221
7.8 Coding Tree221
References223