René Rohrbeck

Towards a Maturity Model for Organizational Future Orientation

Research output: Contribution to book/anthology/report/proceedingArticle in proceedingsResearchpeer-review

In times of discontinuous change, even large, successful organizations can find themselves in life-threatening situations. On many executive boards, a major issue is building organizations that are robust enough to handle to discontinuous change and agile enough to renew their portfolio of strategic resources.
This article defines and describes a maturity model of organizational future orientation (OFO), which allows the measurement of the ability of an organization to ensure long-term success and survival. Building on 19 case studies and more than 100 interviews with managers of strategic management, innovation management, corporate development, and corporate foresight, we identify five dimensions and 20 elements that combined capture OFO. By defining four maturity levels for each element, we provide a framework that can be used for benchmarking, improving, and designing OFO practices. We hope that this article will serve as a starting point for a much-needed discussion on how to build more robust and agile organizations.
This article also contributes to dynamic-capabilities theory by defining barriers and a process model that illustrates how the elements of OFO need to be combined to create the ability to identify and acquire needed strategic resources. Furthermore, the article shows how OFO contributes to organizational ambidexterity by enhancing the ability to identify discontinuous change and develop radical innovations.
Original languageEnglish
Title of host publicationAcademy of Management Annual Meeting, Best Paper Proceedings : ODC Rupe Chisholm Best Theory to Practice Paper
Number of pages40
PublisherThe Academy of Management
Publication year6 Aug 2010
Publication statusPublished - 6 Aug 2010
Externally publishedYes
EventAcademy of Management Annual Meeting - Montreal, Canada
Duration: 7 Aug 201011 Aug 2010

Conference

ConferenceAcademy of Management Annual Meeting
LandCanada
ByMontreal
Periode07/08/201011/08/2010

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