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On Seeing Exoplanets - New Approaches for Creating Strategy

ⓘ During Covid-19, all our programs are adapted so remote participation is possible.

 

Strategic Foresight

Become an agent of change

How do you prepare the future? How do you build an effective strategy? How do you navigate disruption? These questions are pressing issues in today's fast changing world, and approaching them often starts with an theoretical approach. Instead, the leadership program that managers can join at the WU Executive Academy includes tangible real-life cases for actual business challenges. Participants will return to their organizations with a "tool kit" of solutions that covers different scenarios. It qualifies you as a foresight practitioner and organizational change agent who designs and implements organizational systems that promote prospective strategizing and the exploration of new markets.

Interdisciplinary theory | Actionable solutions

This program provides you with an interdisciplinary and hands-on approach to strategic foresight, leveraging ideas and theories from unusual contexts like astrophysics, the humanities, and the arts. In 4 days you will gain a sound theoretical foundation of the undercurrents of strategic foresight. You will  put the theory to practice in inverted case studies and assignments. On field trips to the Fine Arts Museum (Kunsthistorisches Museum) as well as the Planetarium where you will do experimental probing in groups.

Confidently approach strategic changes

After completing the short program, you'll be equipped with a critical understanding of contemporary and future best practices. You'll learn from each other and benefit from diverse and mutual team experiences, leveraging their futures literacy. By having acquired a solid toolbox for making future-oriented decisions, you will be able to act confidently as a change agent in your organization In this program you will

  • develop a solid toolbox for making future-oriented decisions
  • understand key methodologies in foresight, including scenarios, weak signals, wild cards and strategic holodecks
  • increase your sense-making of the past, the present, and the future success of an enterprise
  • learn about ways how to implement artificial intelligence into the scenarios equation
  • grasp the process and methodology of strategy development including completely different dimensions
  • work on real-life projects and implement your insights in your own professional environment
    • Target group

      YOU ARE A …

      Experienced business or team leader, managing director, progressive thinker, and interested to explore the theory and practice of strategic foresight. You like to be exposed to unusual and paradox contexts like astrophysics, the humanities, and the arts, and you like to do experimental probing in the field in groups. You are curious about what you can learn from other disciplines to develop future-proof strategies and make future-oriented decisions. Participants come from a wide range of industries. They will benefit from their diverse backgrounds and experiences and will be able to apply the acquired foresight tools in their individual business environments.

    • Topics

      Day 1 | Crossing the Rubicon

      • How scientific inquiry and discovery work
      • Insights from adjacent disciplines and natural sciences
      • Feral futures: how to get foresight wrong

      Day 2 | Can We Foresee the Future

      • Old strategic instruments seen from a new perspective
      • New avenues in strategic management
      • How to create and use a dynamic foresight toolbox

      Day 3 | Where Are those Exoplanets

      • Antecedents of open foresight
      • Driving innovation by open foresight

      Day 4 | Towards New Horizons

      • Data Science, Big and Small Data for scenarios
      • The cunning of AI and how to include it in your foresight practice
      • Insights from the arts and humanities
    • Program Advisor

      Michael König
      Senior Lecturer, Department of Strategy and Innovation, WU Vienna

      • Business Model Evaluation
      • Corporate Foresight
      • Management Control
      • Strategic Foresight
      • Strategic Management
      • Scenario Management
    • Certificate

      After completing the course, you will receive a certificate including course details from the WU Executive Academy.

About the WU Executive Academy

The WU Executive Academy is part of the Vienna University of Economics and Business (WU)—Europe’s largest business university. With over 100 years of experience in providing executive education, various recognized accreditations including AACSB, EQUIS, and AMBA, and rankings in a range of business school and MBA lists, WU maintains its excellent reputation. That’s why so many career professionals and executives choose to pursue WU Executive Academy’s flexible programs.

Fill out the form for more information about WU Executive Academy’s Strategic Foresight program.

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