Scenario Building and Foresightedness in a VUCA World: How Entrepreneurial Firms Stay Ahead!
In today’s fast-paced business environment, companies must contend with volatility, uncertainty, complexity, and ambiguity (VUCA). Navigating such unpredictable conditions demands more than conventional management approaches; it requires strategic thinking and the ability to foresee emerging trends. The concept of foresightedness becomes particularly relevant here, as entrepreneurial firms that can anticipate changes in the market...