Author: Richardson, Jacques

Source: Foresight - The journal of future studies, strategic thinking and policy, Volume 11, Number 2, 2009 , pp. 50-62(13)

Publisher: Emerald Group Publishing Limited

Abstract:

<B>Purpose</B> - <IT>The purpose of this paper is to show, with concrete cases, how to forgo or substantially moderate strategy that is structured within action plans: moves to alleviate coping with obstacles encountered in programme execution.</IT> <B>Design/methodology/approach</B> - <IT>The paper presents a series of real-life examples of planned withdrawal - or not - from situations clearly uneconomic, unable to meet their original purposes, counterproductive, or otherwise a futile allocation of resources and effort.</IT> <B>Findings</B> - <IT>The paper finds that studied protection can spell out beforehand, with foresight and determination (and often, due expression of trust), the success of an undertaking.</IT> <B>Research limitations/implications</B> - <IT>Getting the future right often seems more difficult than getting it wrong.</IT> <B>Originality/value</B> - <IT>Planners, strategists and designers should profit from the types of examples reviewed to confirm the solidity of their own procedural foresight.</IT>

Keywords: Corporate strategy; Forecasting; Plans; Risk assessment; Strategic evaluation

Document Type: Research article

DOI: http://dx.doi.org/10.1108/14636680910950156

Publication date: 2009-04-10

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