by Martin Amsteus
The purpose of this paper is to qualitatively assess the validity of the managerial foresight concept. Social, environmental and technological aspects of past developments of a company, as well as self reported managerial behavior are interpreted and analyzed in terms of foresight and in terms of eight sub-components of the foresight concept. The results of the analysis reveal that both organizational and managerial behavior may be interpreted in terms of their foresight. Evidence is provided for the construct validity of a definition of managerial foresight and for the potential significance of specific individuals’ foresight.