Property futures—the art and science of strategic foresight

Abstract

Purpose

The study aims to discuss the role of strategic foresight in determining and mapping possible property futures. In particular, the briefing will explore the importance of determining alternative futures and creating scenarios to help determine a flexible and adaptable strategy.

Design/methodology/approach

This education briefing is an overview of property futures and strategic foresight.

Findings

This is an education briefing of existing knowledge.

Practical implications

Strategic foresight provides a framework and structure by identifying a focal point that looks at alternative futures and a preferred future that feed into the implementation of a strategic plan.

Originality/value

This is a review of existing models.

Citation

Ratcliffe, J. (2020), "Property futures—the art and science of strategic foresight", Journal of Property Investment & Finance, Vol. 38 No. 5, pp. 483-498. https://doi.org/10.1108/JPIF-05-2020-0056