Strategic foresight contributes to a company's ability to perceive and respond to change by enabling the company to visualize the bigger picture, including potential risks and opportunities. This proactive approach allows the company to be prepared for future events rather than reacting to them as they occur. A study conducted by René Rohrbeck of Aarhus University and Jan Oliver Schwarz of Germany's EBS Business School found that formal strategic foresight efforts significantly enhance a company's capacity to perceive change, interpret and respond to change, influence other actors, and improve organizational learning.
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