Three Horizon Framework by Bill Sharpe
The Three Horizons framework has evolved significantly since its inception: Originally developed by McKinsey partners Mehrdad Baghai, Stephen Coley, and David White in 2000, the framework was introduced in their book "The Alchemy of Growth" as a tool for companies to manage growth by balancing current performance and future opportunities[4]. Since then, the framework has gained widespread recognition and adoption across various industries, becoming a versatile approach to strategic planning and innovation management[5]. One notable evolution came from futurist Bill Sharpe through his 3 Horizon's Framework (Video Link to 5 minutes summary overview) to focus more on creating shared visions of new systems and planning transitions. Sharpe's version emphasizes that all three horizons are needed simultaneously in system transitions, rather than viewing them as purely sequential[1]. The framework has also proven useful beyond its original business context. It has been appl...