News Column

Study Data from C. Cagnin and Co-Authors Update Knowledge of Futures

June 28, 2014

By a News Reporter-Staff News Editor at Investment Weekly News -- New research on Futures is the subject of a report. According to news reporting originating from Madrid, Spain, by VerticalNews correspondents, research stated, "Geographical dispersion, organisational and cultural differences, and the diversity arising from a large number of participants are all characteristics of international foresight exercises. In this paper, the authors develop four principles for the design and management of global foresight exercises building on the experience of designing and managing the Intelligent Manufacturing Systems (IMS) 2020 project."

Our news editors obtained a quote from the research, "The first principle is understanding interconnected innovation systems. This principle ensures that participants position the foresight exercise and their own activities in a global context. The second principle is responsiveness towards diverse languages and cultures. This principle strengthens commitment and encourages learning and creative problem solving. The third principle is capacity to reconfigure international networks. This principle is about taking advantage of existing organisational structures and facilitates timely and efficient mobilisation of stakeholder communities. The fourth and last principle is 'glocal' impact orientation. This principle ensures that foresight activities are connected to both local and international decision-making structures."

According to the news editors, the research concluded: "Overall, due to the heterogeneity of global projects, all four principles must also be implemented in keeping with a scalable design approach."

For more information on this research see: Global foresight: Lessons from a scenario and roadmapping exercise on manufacturing systems. Futures, 2014;59():27-38. Futures can be contacted at: Elsevier Sci Ltd, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, Oxon, England. (Elsevier -; Futures -

The news editors report that additional information may be obtained by contacting C. Cagnin, Impetu Solut, Madrid, Spain.

Keywords for this news article include: Spain, Madrid, Europe, Futures

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Source: Investment Weekly News

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