The Impact Of Strategic Foresight On Crisis Management In Jordan's Energy Security Sector

Abstract

In Jordan, the Energy Security Sector has been a major contributor to recent economic growth. Due to that vital agenda, a new strategic planning methodology, such as strategic foresight, is expected to play an important role in resolving crises induced by Jordan's high demand and energy resource scarcity. However, there are few studies that investigate how strategic foresight influences crisis management. So, the goal of this study is to evaluate the impact of strategic foresight, as defined by (technology intelligence, competitive intelligence, political environment foresight, and consumer foresight), influences on crisis management in Jordan's energy security sector. A total of 200 questionnaires were delivered to respondents chosen from a population list of 1622 managers working in energy-related enterprises throughout Jordan. The data was analyzed using SEM with SMART-PLS 4. The measurement model was used to test the validity and reliability of the theoretical model, and the path coefficient in the structural equation model was used to evaluate the study hypotheses. As a result, this study supports the significant impact of technology intelligence, political environment foresight, and consumer foresight on crisis management. On the contrary, competitive intelligence had no impact on crisis management in Jordan.