A Study of Tesla—Twenty-First Century Organizational Strategy as Nexus Between Foresight and Futures Thinking

This chapter explores the Tesla company and the relationship between its organizational strategy and the use of foresight and future thinking. Examination of these processes is pursued to offer perspectives on the sustainability and viability of Tesla to advance its expansion program in electric vehicle technology. This case study concludes that a company’s ability to anticipate and respond to future trends and continuing disruptions is critical to its success, and that a strategic approach that incorporates foresight and futures thinking can help organizations navigate an uncertain future. Finally, this case study describes Tesla's strategic approach and how the company leverages foresight and future thinking to inform its decision-making and drive innovation. Overall, the case study highlights the importance of strategic foresight and future thinking in organizational strategy development and provides insights for other companies seeking to adopt similar approaches

Market Disruption in the Insurance Industry and Use of Foresight and Futures Thinking to Meet Challenges: A Case Study of Aviva PLC

Aviva is a British multinational insurance and public limited company headquartered in London. This case describes disruptions within the organization that arose from shift in wealth (internally) and government regulations (externally) as a result of volatile changes in global climate, public health, and technology. Competing Insurtech start-ups abounded, facilitated by blockchain technology and digitally driven customer engagement and claims management. Aviva’s use of strategic foresight and futures thinking steered the company’s actions as it survived these continuing challenges. Aviva’s implementation of related organizational policies institutionalized its efforts and sustained success