Individual foresight capability in organizations: Role of information acquisition

The importance of foresight at the organizational level, as well as the ways to measure it have begun to be studied in the recent literature on strategic management. One overarching conclusion that stems from these studies is that organizational foresight is not developed in isolation, but evolves as an aggregation of capabilities (in the sense of the microfoundational literature) throughout the organization. In this context, some key research questions that emerge are: how does an individual develop foresight and how does it contribute to the organization? Studies concerning individual foresight are, however, quite sparse. In this paper, we take up the aforementioned first question of individual foresight development. An exploratory study involving case interviews has been used to find theoretical support for developing an individual foresight measure.