4 Steps For Enhancing Environmental Scanning Capabilities

4 Steps For Enhancing Environmental Scanning Capabilities

Environmental scanning is an essential part of innovation management that involves systematically collecting and interpreting data to identify new opportunities for growth, potential risks, and informing strategic priorities. It relies on the organization's foresight capabilities to align its strategy with future scenarios and build resilience in an uncertain and competitive landscape. The scanning process includes activities like trend and emerging technology scouting, competitive watch, startup and partner scouting. The information and insights collected must be balanced between tangible scientific, technological, and social data insights and intangible value-driven changes in society. The environmental scanning team consists of scouts, analysts, experts, and foresight managers who work together to optimize the scanning process. Organizations must continuously engage in environmental scanning to adapt quickly and effectively to rapid changes in the business environment. ITONICS Innovation OS can be used to discover, collect, and evaluate emerging trends and technologies in one central location to speed up the scanning process.

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More Innovation Resources:

Staffing for growth and innovation

Innovation work in larger organizations requires a separate team to support growth and new products. Most organizations don't think about staffing for innovation, but the Three Horizons model recommends three teams: the current, the new, and the next.

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9 Traits of Highly Innovative People

Discover your innovation strength with the Innovation Quotient Edge tool! Tamara Kleinberg shares the nine traits of innovators and the two most important questions to ask after presenting a new idea.

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Aligning Applications Portfolios with Business Needs and Strategy

Aligning Applications Portfolios with Business Needs and Strategy

Aligning application portfolios with business needs is crucial. Communication with business customers is essential to prioritize work and reduce costs by eliminating duplicate legacy apps.

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