Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Scanning the periphery.

George S Day1, Paul J H Schoemaker

  • 1Mark Center for Technological Innovation, University of Pennsylvania's Wharton School, Philadelphia, PA, USA. dayg@wharton.upenn.edu

Harvard Business Review
|November 23, 2005
PubMed
Summary
This summary is machine-generated.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Strategic leadership: the essential skills.

Harvard business review·2013
Same author

Is it real? Can we win? Is it worth doing? Managing risk and reward in an innovation portfolio.

Harvard business review·2008
Same author

The wisdom of deliberate mistakes.

Harvard business review·2006
Same journal

The Case for Capitation.

Harvard business review·2016
Same journal

How to Pay for Health Care.

Harvard business review·2016
Same journal

How to Preempt Team Conflict.

Harvard business review·2016
Same journal

The Secrets of Great Teamwork.

Harvard business review·2016
Same journal

Leading the Team You Inherit.

Harvard business review·2016
Same journal

Wicked Problem Solvers.

Harvard business review·2016
See all related articles

Companies can improve strategic foresight by systematically scanning the periphery for weak signals. A question-based framework helps identify and interpret these signals for better business adaptation and competitive advantage.

Area of Science:

  • Business Strategy
  • Organizational Behavior
  • Strategic Management

Background:

  • Organizations face unpredictable environmental changes like new rivals and technologies.
  • These changes often originate as weak signals at the periphery of organizational vision.
  • Current methods for scanning the periphery and interpreting weak signals are often unsystematic.

Purpose of the Study:

  • To provide a systematic, question-based framework for companies to scan the periphery more effectively.
  • To help organizations identify and interpret weak signals for improved strategic foresight.
  • To enhance a company's ability to anticipate and capitalize on future changes.

Main Methods:

  • Development of a question-based framework for peripheral scanning.

Related Experiment Videos

  • Categorization of questions into learning from the past, evaluating the present, and envisioning the future.
  • Inclusion of a self-test for assessing peripheral vision capabilities.

    • Main Results:

    • The framework offers a structured approach to identifying weak signals.
    • Questions guide scanning efforts towards relevant peripheral zones.
    • The method aids in interpreting signals and allocating scanning resources efficiently.

    Conclusions:

    • Systematic peripheral scanning is crucial for anticipating business horizon changes.
    • The question-based framework enhances a company's ability to detect and act on weak signals.
    • Companies can improve their strategic adaptability and competitive positioning through enhanced peripheral vision.