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Managerial foresight: measurement scale and estimation
Linnéuniversitetet, Fakultetsnämnden för ekonomi och design, Ekonomihögskolan, ELNU.
2011 (engelsk)Inngår i: Foresight, ISSN 1463-6689, E-ISSN 1465-9832, Vol. 13, nr 1, s. 58-76Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

Purpose – This paper aims to develop and assess an instrument measuring managerial foresight.

Design/methodology/approach – The paper outlines the construction and estimation of the instrumentthrough a seven-step process. A total of 57 preliminary Likert items were developed based on an extantreview and synthesis of definitions of foresight. The items were assessed through interviews andpre-testing. A preliminary instrument was administered to a selection of managers. Exploratory andconfirmatory factor analyses were employed to assess sub-scales and model fit. The instrument wasevaluated in terms of reliability and validity.

Findings – The study demonstrates a valid and reliable 12 Likert item scale for measuring managerialforesight.Research limitations/implications – Managerial foresight can now be assessed and tested forassociation with, for example, managerial or organizational performance variables.

Practical implications – Managers can now be assessed and compared in terms of foresight.Originality/value – In developing and estimating an instrument for measuring managerial foresight, thepaper advances foresight into a quantitatively measurable concept.

sted, utgiver, år, opplag, sider
Emerald Group Publishing Limited, 2011. Vol. 13, nr 1, s. 58-76
Emneord [en]
Business planning, Measurement, Strategic planning
HSV kategori
Identifikatorer
URN: urn:nbn:se:lnu:diva-10929DOI: 10.1108/14636681111109705Scopus ID: 2-s2.0-79953069850OAI: oai:DiVA.org:lnu-10929DiVA, id: diva2:400023
Tilgjengelig fra: 2011-02-24 Laget: 2011-02-24 Sist oppdatert: 2017-12-11bibliografisk kontrollert
Inngår i avhandling
1. Managerial foresight and firm performance
Åpne denne publikasjonen i ny fane eller vindu >>Managerial foresight and firm performance
2011 (engelsk)Doktoravhandling, med artikler (Annet vitenskapelig)
Abstract [en]

Purpose – To specify what defines managerial foresight and to assess the association between managerial foresight and firm performance

Methodology/Approach – First, previous research was reviewed and foresight was defined. Second, an instrument for measuring managerial foresight was developed. Third, an empirical case served as an illustration and as anassessment of validity. Fourth, managerial foresight was tested for association with firm performance.

Findings – Foresight was specified as behavior with eight sub-components. A moderate and statistically significant positive relationship between managers’ foresight and firm performance was found.

Research implications – The empirical evidence for the importance of managerial foresight provides a strong rationale for further studies. In distinguishing eight sub-components of foresight, and developing a managerial foresight measurement instrument, the dissertation makes relating foresight to various research fields possible, both on individual managerial andorganizational levels.

Practical implications – Managers may consider whether foresight is important to them or to their organization. Managers, practical foresight tools, foresight programs et cetera, may now be assessed and compared in terms of foresight.

Originality/Value – The dissertation provides empirical evidence of the importance of managerial foresight to firm performance. It conceives and advances foresight as a distinct construct. In developing and estimating aninstrument for measuring managerial foresight, the dissertation advancesforesight into a quantitatively measurable concept.

sted, utgiver, år, opplag, sider
Växjö, Kalmar: Linnaeus University Press, 2011. s. 198
Serie
Linnaeus University Dissertations ; No 36/2011
HSV kategori
Forskningsprogram
Ekonomi, Företagsekonomi
Identifikatorer
urn:nbn:se:lnu:diva-10935 (URN)978-91-86491-64-2 (ISBN)
Disputas
2011-02-25, Weber, Hus K, Linneuniversitetet, Växjö, 14:07 (svensk)
Opponent
Veileder
Tilgjengelig fra: 2011-02-28 Laget: 2011-02-24 Sist oppdatert: 2014-03-27bibliografisk kontrollert

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