In the business world, it’s often said that the rearview mirror is always clearer than the windshield. In other words, making predictions based on past outcomes is much easier than making decisions about a blurry future. That’s why Cultivating Foresight is a core leadership skill.
Foresight helps you look ahead in a strategic manner, anticipate future outcomes and be prepared for anything. By thinking holistically, focusing on the big picture and making fact-based predictions, rather than just relying on past trends, you can take the right risks and increase the odds of long-term success. The future is what you make it.
Thrive Skills are an essential set of cognitive, social and behavioral skills to enable our learners to continuously succeed, at every stage of their career.
Cultivating Foresight is forward planning. The meaning of forward planning is to plan for the future. Creating strategies while anticipating wins, losses and changes acts as a cushion in the event of a crisis. A futurist mindset can help professionals get ahead in their careers.
Forward planning is important for an individual as it’s a core leadership skill. It also creates an appetite for risk, one that drives value, helping others grow. Success comes to those who think ahead. Cultivating Foresight is a Thrive Skill that not only ensures professionals are prepared for the best, and the worst, but also arms them with a growth mindset.
Examples of Cultivating Foresight include reshaping management strategies based on feedback received during performance management cycles, conducting a trend analysis or even developing a business model that factors in contingencies for the future.
For forward planning, one has to revisit the past and think of the future. A professional’s experiences can teach them what they should do differently. They also learn about their strengths and their weaknesses. These insights enable individuals to plan and prepare for what’s to come.
Other Thrive Skills under THINK are Critical Thinking, Intellectual Curiosity, Informed Decision Making, Overcoming Bias and Practicing Mindfulness.