Property futures—the art and science of strategic foresight

John Ratcliffe

Journal of Property Investment & Finance, 2020, vol. 38, issue 5, 483-498

Abstract: Purpose - The study aims to discuss the role of strategic foresight in determining and mapping possible property futures. In particular, the briefing will explore the importance of determining alternative futures and creating scenarios to help determine a flexible and adaptable strategy. Design/methodology/approach - This education briefing is an overview of property futures and strategic foresight. Findings - This is an education briefing of existing knowledge. Practical implications - Strategic foresight provides a framework and structure by identifying a focal point that looks at alternative futures and a preferred future that feed into the implementation of a strategic plan. Originality/value - This is a review of existing models.

Keywords: Property futures; Strategic foresight; Forecasting; Scenario planning; Alternative futures; Strategic plans (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jpifpp:jpif-05-2020-0056

DOI: 10.1108/JPIF-05-2020-0056

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