Foresight and anticipation in multilateral organisations

Aarathi Krishnan

Chapter 27 in Handbook of Futures Studies, 2024, pp 405-416 from Edward Elgar Publishing

Abstract: This chapter posits an iterative framework to designing foresight and anticipatory systems within the multilateral system of global development. It builds on the author’s almost ten years of experience working within large multilateral systems to design anticipatory systems to understand impending risks and uncertainties, and in ensuring policy responses are appropriate. The framework outlined defines five technical components and four principles to achieve this objective, noting that no anticipatory framework can be static nor finite. It calls for a systems approach, shifting the focus away from tools and methods, singular approaches and lexicon, and siloed pockets of experimentation. Rather, the focus must be to design the processes for intelligence gathering and meaning-making, culture and risk appetite, knowledge products and research. This pushes a more anticipatory decision-making process that would enable organisations to effectively see, manage and respond to short- and long-term risk signals.

Keywords: Business and Management; Development Studies; Economics and Finance; Environment; Innovations and Technology; Politics and Public Policy Sociology and Social Policy (search for similar items in EconPapers)
Date: 2024
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