Foresight-Technology Transformation for Textile Industry Future Assessment

Abstract

This article deals with the problem of improving the tools of long-term planning for industries sustainable development in a turbulent environment and in accordance with the challenges of the fourth industrial revolution. The main objective of the study is to create the strategic management methods, providing the economic potential growth and competitiveness in global markets. The authors propose a methodological approach to assessing the economic potential of the textile industry, based on the integration of the economic potential concept and Foresight-technologies. The Foresight study vectors are selected for the formation a holistic image of the desired future and for determination ways to achieve it. For each vector, a set of tools was proposed according to such key research criteria as expertise, creativity, interaction, evidence. Strategic directions for textile industry development in modern conditions were determined on the basis of Foresight studies.

Keywords

• economic potential
• innovative growth
• Foresight
• textile industry
• management efficiency.