Future Readiness Indicator
From Wikipedia, the free encyclopedia
The Future Readiness Indicator is an indicator developed by the IMD Center for Future Readiness.[1][2][3] It assesses large publicly listed companies on their preparedness for future trends using historical data to compare innovation, resilience, and growth.[4][5] Companies receive a composite score and are ranked within their respective industries.[6][7] It was developed by Howard Yu in 2021 and covers 182 companies across six different industries.[8][9]
| Abbreviation | FRI |
|---|---|
| Formation | 2021 |
| Type | Index |
| Purpose | Assessing preparedness for future economic and technological changes |
| Headquarters | Lausanne, Switzerland |
Region served | Worldwide |
Key people | Howard Yu |
Parent organization | International Institute for Management Development |
| Website | https://www.imd.org/centers/world-competitiveness-center/future-readiness-indicator/ |
The Future Readiness Indicator was developed in 2021 by Howard Yu, with some rankings backdated to 2010 for analytical purposes only.[10] The concept of corporate future readiness has been discussed in management literature as a firm’s capacity to anticipate disruption, invest in innovation, and adapt to structural market shifts.[11][12]