The art of backcasting needs care in innovation activities

The art of backcasting needs care in innovation activities

Backcasting is a planning method that starts with defining a desirable future and then works backwards to identify policies and programs that will connect that specified future to the present. The approach is distinct from forecasting, which predicts the future based on current trends, by envisioning future desired conditions and defining steps to attain them. Backcasting is a normative, strategic approach to sustainable development that relies on building a shared picture of the future and using principles to guide decision-making. It offers an alternative to forecasting, which can limit creativity and project present problems into the future.

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Creating a project charter can be a daunting task, but the Visual Project Charter™ can make it easier, especially when working remotely.

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Innovation professionals should develop daily habits to improve their performance. Here are six habits to consider: discovering patterns, pitching ideas, seeking inspiration, turning problems into opportunities, failing and learning, and making something every day.

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How to Measure Innovation Capability

Measuring innovation capability is crucial for product leaders. Understanding the source of ideas, tying ideas to strategy, and learning from mistakes are three ways to improve innovation performance.

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