Description: Horizon scanning is a systematic process used to identify and analyze emerging trends and potential future developments in various fields such as technology, economy, and society. This approach allows organizations to anticipate significant changes and proactively adapt to them. By collecting and evaluating relevant information, horizon scanning helps businesses and decision-makers better understand the environment in which they operate, identifying opportunities and threats that could impact their long-term strategy. Key features of this process include continuous trend monitoring, pattern identification, and assessing their potential impact. Additionally, horizon scanning fosters a culture of innovation and adaptation, as it enables organizations to stay updated with advancements and changes in their sectors. In an increasingly interconnected and dynamic world, this practice has become essential for the sustainability and growth of businesses, providing a solid foundation for strategic planning and informed decision-making.
