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Futures Index
The Futures Index measures your organisation's readiness to thrive in the future.
The index consists of 25 carefully considered questions that were developed by the Institute of Futures Research [IFR] at the University of Stellenbosch Business School; and presented by innovation practitioners, KoLab.
The Futures Index has proven to be very effective in analysing areas in which improvement can be made to any organisation to be better prepared to thrive in tomorrow's world.
PLEASE NOTE: All information collected here is handled with strict confidentiality. Your details and responses will not be shared with any third parties whatsoever.
Please fill in your details and answer the following 25 questions as honestly and accurately as possible:
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Company name
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1. Our organisation has a clearly-defined budget assigned for innovation and the exploration of new products and services?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
2. Our organisation makes provision for possible failures in current projects and we have a culture that is welcoming of acceptable failure rates and related costs amongst executives and affected staff?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
3. Our business has a clearly defined and universally recognised and promoted moral framework and/or ethical guidelines, which are always used in guiding our business decisions and business transactions?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
4. Our organisation has dedicated internal / external teams of experts experimenting / researching alternative futures / options / directions for our business?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
5. Our organisation is currently using a formal measurement framework or universally recognised process to evaluate the output of experimental innovation initiatives?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
6. Our organisation actively seeks out and continuously incorporates external information and learnings, which contribute strongly to the existing organisation culture?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
7. Our organisation actively seeks out and willingly accommodates multiple perspectives and viewpoints (diversity) in our strategy setting processes?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
8. Our organisation continuously measures / evaluates the maturity and accuracy of our analytical capabilities against both current best-practice and thought-leadership sources?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
9. On a scale of 'Not at all' to "Exclusively' how would you rate your organisation's consistency of application when it comes to doing thorough analysis of an issue / opportunity before a final decision is made?
*
Not at all
Somewhat
Moderately
Extensively
Exclusively
10. On a scale of 'Not at all' to "Exclusively'; how would you rate your organisation's cultural alignment with the following statement: 'Our organisation is fanatical about brainstorming radically innovative ideas that will disrupt our industry and set us on a new growth path into the future.'?
*
Not at all
Somewhat
Moderately
Extensively
Exclusively
11. How many innovative ideas have been used by your organisation to inspire a formal research project or physically set up a skunkworks over the past 5 years?
*
Less than 5
10
15
25
30
40
Above 50
12. Over the past 5 years, how many of those resulting projects have actually then been implemented (operationalised) and show a financial return for your business?
*
Less than 5
10
15
25
30
40
Above 50
13. What is the proportion of income that is currently generated from recognisable 'new initiatives' that have recently been implemented as a % of total company income?
*
Less than 5%
Between 5% and 25%
Above 25%
14. To what extent do future-oriented technologies inform your current business strategy?
*
Not at all
Somewhat
Moderately
Extensively
Exclusively
15. Do you seriously consider Artificial Intelligence (AI), robotics, digitisation, big data, and/or the Internet of Things (IOT); or similar Fourth Industrial Revolution technologies, in your current research and development (R&D) initiatives?
*
Not at all
Somewhat
Moderately
Extensively
Exclusively
16. What would you estimate your current outsourced staff compliment as a % of permanent staff to be?
*
Less than 5%
Between 5% and 25%
Above 25%
17. How many technology patents does your organisation hold (not just in IT space)?
*
Less than 2
4
6
8
10
15
Above 20
18. To what extent do you agree or disagree with the following statement: 'Your organisation actively uses "gamification" approaches in testing new products, channels or customer interfaces.'?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
19. To what extent do you agree or disagree with the following statement: 'In our company's opinion, the efficacy/usability of gamification approaches in terms of value of outputs and/or learning is very high.'
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
20. To what extent do you agree or disagree with the following statement: 'You are actively and relentlessly creating, collecting, aggregating and analyzing all possible external sources of data e.g. deploying sensors; in an effort to improve your overall business intelligence with the intention of making better strategic decisions.'
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
21. To what extent do you agree or disagree with the following statement: 'Your organisation has seriously considered outsourcing strategic input to future-oriented professional individuals or research entities.'?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
22. To what extent do you agree or disagree with the following statement: 'You have achieved a perfect balance between the development of strategic internal innovation and new external innovation.'?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
23. To what extent do you agree or disagree with the following statement: 'You are actively and relentlessly establishing new entities with radically disruptive business models that could possibly even cannibalise your current business models.'?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
24. To what extent do you agree or disagree with the following statement: 'You organisation is dedicated to granting complete autonomy to your R&D teams in setting and managing their own objectives.'?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
25. To what extent do you agree or disagree with the following statement: 'The board of our organisation completely owns and drives the R&D and innovation mandate of our company.'?
*
Totally disagree
Strongly disagree
Disagree
Neutral
Agree
Strongly agree
Totally agree
The Futures Index was developed by:
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