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The Maturity Model of Corporate Foresight

  • René Rohrbeck
Chapter
Part of the Contributions to Management Science book series (MANAGEMENT SC.)

Abstract

Companies wishing to improve their management practices often take the approach of comparing themselves to others, particularly companies that are known to be good at certain practices. This approach – known as benchmarking – has been applied to almost all areas of management, including procurement, research and development (R and D) (Dutta et al. 2005:277), production, marketing, and sales (Mittelstaedt 1992:310). The usefulness of benchmarking arises from the possibility of (1) gaining knowledge about how good one’s own management practices are in comparison to others, and (2) being able to learn from others and improve one’s management practices. To use a definition from Camp (Camp 2003:12):

Keywords

Information Usage External Network Maturity Level Corporate Culture Emission Trading Scheme 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Physica-Verlag HD 2010

Authors and Affiliations

  1. 1.Department for Innovation and Technology ManagementTU BerlinBerlinGermany

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