Evaluating Organization's Portfolio of Long-horizon Strategic Action Plans: An Integrated Delphi-DEMATEL-ANP Approach

Strategic foresight allows the organization to adapt and cope with the challenges of the next decade and beyond by revealing internal mental models, encouraging reflection and understanding complexity further on the boundaries of organizational knowledge. This paper thus demonstrates a novel method to facilitate collaborative planning using long-range foresight for an organization. Using the Delphi technique, the proposed method involves the identification of key products, periods of products realization, products dependency and ranking, and the formation of a portfolio of long-horizon strategic action plans that are perceived as achievable within the time horizon of 2030. The prioritization of these actions is then investigated using an integrated Decision Making Trial and Evaluation Laboratory (DEMATEL)-Analytic Network Process (ANP) approach.