https://datatraininst.com/2021/12/21/futureoriented-mobility
Future-oriented innovations are products or companies and techniques that can improve the lives of people. They can fine-tune sectors such as healthcare and space technology, or improve a company’s competitiveness. To develop them, it takes an enormous amount of effort from various high tech technique stakeholders. It also requires a paradigm shift and an epistemic consciousness. It is vital that the top management and employees of a company are open to learning from the long-term trends and listening to them.
The most common barriers in fostering innovation that is future-oriented are fear of the unknown and resistance to change, as well as a focus on short-term gains. In an organizational setting, these obstacles can be overcome by fostering a growth mindset and an environment of innovation. Employees will also be inspired to work towards an end-point in the future. This is commonly described as phronesis which is the belief that individuals require an incentive to take difficult decisions in their work and it can result in greater retention rates of employees for companies that have a futuristic mindset.
It is becoming increasingly apparent that innovation ecosystems could benefit from an understanding of the future possibilities. This can be achieved by infusing foresight into innovation ecosystems by extending the ties between research programs and strategy building processes, and increasing overall awareness of future options by incorporating different perspectives into dialogue. The foresight model provides an idea of a methodological structure that can address the needs of the market in a way that is both effective and adaptable. This article describes this innovative approach for developing future-oriented innovations.