Author: Simon Dummel

Simon Dummel is engaged in researching innovative banking concepts in the context of digital ecosystems. After completing his studies in business administration and a master's degree in international business and sustainability, he worked in the financial sector for several years—including at Frankfurter Bankgesellschaft and DZ Bank—with a focus on in-house consulting and project management in digital transformation projects. Since 2023, he has been a research associate and doctoral candidate at the Competence Center Future Financial Services, where he is pursuing a doctorate in contextual banking and supporting consulting projects with banks, fintechs, and other partners. His goal is to design banking processes in such a way that they create real added value along the customer journey and noticeably improve the banking experience for customers.

(Open) Corporate Foresight: The Potential of Strategic Future Analysis in Start-ups

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Actively shaping the future: corporate foresight as a start-up advantage

Many start-ups rely on agility—but in uncertain, complex markets, that is not enough. If you want to identify opportunities early on and better assess risks, you need a structured view of the future: corporate foresight.

Corporate foresight allows weak signals and new trends to be identified at an early stage. Open foresight expands this approach by involving external partners and communities, creating collective intelligence for better decisions.

Lean startup and foresight are not contradictory: while lean startup enables rapid validation of ideas, foresight provides strategic orientation. Together, they reduce uncertainty and strengthen innovative power.

In our latest blog post, Simon Dummel shows that future competence is not a luxury for startups, but rather the foundation for sustainable success.

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