Predicting and Responding to Consumer Trends with Foresight

Share This Post

When clients need to navigate rapid and unprecedented change, we advise on strategic decision making and long-range strategic planning.  Using strategic foresight, we help organizations improve strategic planning and address uncertainty.  Our approach provides insights into longer time horizons (typically five-10 years). This approach is effective when uncertainty is high, and organizations don’t know how industry forces will unfold.

Identifying and Prioritizing Trends

A global consumer products company needed to identify insights that would inform their R&D resource allocation and guide technology roadmaps. We introduced foresight to the organization. 

The group’s secondary objective was to ensure organization leaders had access to insights that inform their strategic plans. In a multi-day workshop, we identified and prioritized trends that would influence the consumer relationship with their products over the next 10 years. Using these trends, we immersed participants in collaboratively developed scenarios that illustrated potential future environments and identified emerging opportunities and threats.

At project completion, decision-makers had identified technology areas where additional investments were needed immediately. They presented these recommendations to leadership. In addition, we introduced a new mindset, process, and toolset that our client can use well after our collaboration. The tool allows them to explore alternate futures that inform strategic decision-making and position the organization to compete effectively.

More To Explore

Consumer Goods

Identifying Non-Traditional Suppliers

At the onset of the COVID pandemic in 2020, we received a call from the Milwaukee MaskForce. This grassroots coalition of manufacturers, hospitals, healthcare organizations, and universities, needed to find a source for the filter media. We uncovered non-traditional suppliers, and today the product is sold on Amazon.

this image portrays a monitoring and learning system that supports global impact investment decision making
Strategic planning

Empowering Impact Investment Decision-Making

How does a global philanthropic leader—whose investments and influence span the globe—build an effective progress monitoring and learning system to improve impact? Learn how we designed and built a multifaceted monitoring and learning system that supports our client’s work, that is sustainable, and that is flexible. The system improved our client’s internal processes and positioned the organization client—and the projects in which they invest—for greater long-term impact.

Let's get started today!