In fact, it was the top problem worrying CEOs. Megatrends are driving change. Megatrends are driving change. Five megatrends that will change financial services Download the report A report from the World Economic Forum in collaboration with Deloitte Rapidly advancing technologies, evolving customer expectations and a changing regulatory landscape are opening doors to disruptive innovation in financial services. Nine Global Trends on the Horizon. 1. This report is the latest in the Decoding Global Talent series about workforce changes and skills of the future. We invite you to explore the seven trends. iCRMH0921U/S-1714632-25/49 $0. The Objectives of the "Global Mega Trends to 2030" • To provide clarity on how to effectively approach insight-based perspectivesand provide a mechanism to act • To illustrate core trends that will drive opportunities over the coming ten years • To illustrate a suite of mechanisms that translate trends into optimal growth potential • To show how to embrace trends as your innovation . A recent McKinsey study demonstrates the business case for diversity in executive teams, with companies in the top quartile for gender diversity 25% more likely to have above-average profitability than companies in the fourth quartile. According to Frost & Sullivan, "Mega Trends are transformative, global forces that define the future world with their far reaching impacts on businesses, societies, economies, cultures, and personal lives.". MIT Published a List of the 9 Megatrends That Will Shape the World in 2030. The wave of these megatrends and trends generates new prospects as well as challenges for the future of supply chains. Global Megatrends 2050 is an undergoing research effort of MWI which seeks to examine and understand the changing global forces impacting our present and future. by Ezra Greenberg, Martin Hirt, and Sven Smit "The tre nd is your friend." Emerging global wealth. Shift in economic power. that are reshaping our world, six megatrends stand out based on their impact and the implications for projects across the world: 1. According to McKinsey, the rate at which companies introduced products and services that are digital in nature advanced by six years in North America, seven years in Europe, 10+ years in Asia-Pacific and seven years globally. Demographics & social change. While population growth in the Netherlands is decreasing, there will be an additional billion people in the world by 2025. EY Megatrends, der er udarbejdet af EY's globale tænketank, introducerer virksomhedsledere for trends og kræfter, som ligger langt uden for det almindelige fokus i analysearbejdet. Managers need to not only understand global trends and forces but be ever vigilant about new directions as well as countervailing forces. Last year saw a significant shift in value, with the top quintile of companies gaining $240 billion of economic profit while the bottom 20 percent lost $400 billion. Climate change and resource scarcity. In assessing key drivers, trends and implications for Europe, it aims to provide an improved basis for strategic European environmental policymaking. are the long-term, transformational forces driving our global economy & society. Canadean's Global and Regional Mega-Trends: Understanding Consumer Attitudes and Behaviors in Individuality report is a comprehensive analysis of global attitudes in the food, soft drinks, alcoholic beverages, and personal care categories. Intelligence We provide megatrends research aimed at identifying and studying the macro trends, paradigm shifts, changing patterns and challenging issues that are going to be shaping the world . The report details current and future expectations of behavior derived from the survey responses of . Nearly half of global GDP growth between 2010 and 2025 will come from 440 cities in emerging markets—95 percent of them small- and medium-size cities that many Western executives may not even have heard of and couldn't point to on a map. Here's What They All Have in Common Climate change, transparency, and nationalism will be driving the workforce 10 years . With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. But what about Hsinchu, in northern Taiwan? Global climate policy will enter a more active phase as countries and global companies make new commitments ahead of next year's COP-26 climate summit. Megatrends. The Objectives of the "Global Mega Trends to 2030" • To provide clarity on how to effectively approach insight-based perspectivesand provide a mechanism to act • To illustrate core trends that will drive opportunities over the coming ten years • To illustrate a suite of mechanisms that translate trends into optimal growth potential • To show how to embrace trends as your innovation . al. 3 megatrends for the factories of the future . Sven works with leading companies to develop strategies for growth, serving all industries. Join McKinsey to learn what significant sales trends are impacting Sales and Marketing organizations today, how companies are taking advantage of the trends to drive efficiencies, and to gain competitive advantages. McKinsey Global Publishing's Raju Narisetti asked dozens of journalists and media leaders around the world for their own perspectives on what's to come—their personal lens on what's likely to be covered heavily in 2022, and what issues might fly under the radar. 5. One of the biggest leadership megatrends for 2021 is developing the next generation of leaders. The fastest growing demographic will be the elderly, with the population of people over 65 years old at 1 billion by 2030. Arabic Chinese (Simplified) English French German Japanese Portuguese (Brazilian) Spanish (Latin America) Download. Five Megatrends to Watch in 2021. . Economic Shifts 5. McKinsey_Website_Accessibility@mckinsey.com The megatrends may mean that Europe faces higher inequality and more social divergence To gauge the impact of the six megatrends, we have developed two contrasting long-term scenarios from today to 2030. But the global wealth benefits of change rely on the combined efforts of organizations . By definition, they are big and include some of society's biggest challenges— and opportunities. iCRMH0921U/S-1714632-25/49 X. Yet, even more important- ly, megatrends will have an impact on all aspects of our life in the future. Labor Shortages 6. The concept of megatrends is not new. Technological change. Cass Business School, City University London. 'From the AI Frontier: Modeling the Impact of AI on the World Economy', McKinsey Global Institute, September 2018 'Navigating a World of Disruption', McKinsey Global Institute, January 2019 'The World in 2030: Nine Megatrends to Watch,' Andrew S. Winston, MIT Sloan Management Review, 7 May 2019 Lux Research report: Global megatrends will transform the chemical industry over the next 20 years. Dr. Coutu . Identifying them and learning how to capitalize on them was the subject of a presentation given by David Feber, Partner at McKinsey & Company, at The Packaging Conference, held February 4-6 in Las Vegas. Decoding Global Trends in Upskilling and Reskilling. Climate Change; and 2. global retirement protection gap projected in 2030. April 2015 | Great Automotive technology megatrends are quickly disrupting the mobility ecosystem. McKinsey estimates about 50% of current work activities can be automated today. Commentary. According to McKinsey, by 2025, urbanization will welcome an additional 1.8 billion consumers to the world economy, 95% of them in emerging markets. Significant tension runs through each of them, so much so that we'd characterize them as "crucibles," or spaces in which concentrated forces interact. More than ever, trends in one sector of the economy can impact other sectors. About the Mowat Centre The Mowat Centre is an independent public policy research centre located at the School of Public Policy & Governance at the University of Toronto. (2013), Future state 2030: The global megatrends shaping governments. 1. Identifying the potential for change is a key driver of investment decision-making. For example, hyperconnectivity is a phenomenon that stems from both technology and society, and therefore qualifies as a megatrend. 00 trillion. Publication Assessment of global megatrends The global megatrends report assesses 11 global megatrends (GMT) of importance for Europe's environment in the long term. Resource Scarcity. 1 Yes, Mumbai, Dubai, and Shanghai are familiar. The trends: Demographic changes. Leadership, organization, and history. Digital Disruption 2. This issue outranked concerns over global recession and slowing economic growth. The first is a "denial" scenario in which Europe takes no action to mitigate the impact of the trends. These pages identify nine global megatrends that are most salient to the future of governments. Emerging global wealth. Global megatrends are macroeconomic and geostrategic forces that are shaping our world, and our collective futures in profound ways. Technological breakthrough. This identified the likelihood of sudden significant trade shocks and a restructuring of the global trade landscape with heightened interest in . The third cluster, Environmental Pressures, includes the pressures that people exert on the natural environment, as well as the resulting impacts on people. Available at kpmg.com . Climate Crisis 3. The third cluster, Environmental Pressures, includes the pressures that people exert on the natural environment, as well as the resulting impacts on people. The CSIRO has pioneered a data- driven megatrends analysis methodology, which is now widely used by Australian organisations. Megatrends emerge at the intersection of two or three STEEP categories. Checking in on your strategic context New work by McKinsey shines a spotlight on nine global forces that demand bold responses and contain the seeds of significant opportunity. Europe will be the third global economy. Future State 2030 is the first in a series of important conversations that we want to have with government organizations over the next few years. Learn more >> Read more The . Originally published in the November 2015 issue. Global Megatrends 2022. They are factual and often backed by verifiable data. 'From the AI Frontier: Modeling the Impact of AI on the World Economy', McKinsey Global Institute, September 2018 'Navigating a World of Disruption', McKinsey Global Institute, January 2019 'The World in 2030: Nine Megatrends to Watch,' Andrew S. Winston, MIT Sloan Management Review, 7 May 2019 Megatrend 1: Shifting economic power Population growth is at the heart of the shift in economic power. the incomes of the richest and the poorest 10% of the global population is 25% larger than it would be in a world without global warming. [1] Below is a brief discussion of the first six of the twelve megatrends identified by Frost & Sullivan analysts. Megatrends. 1 Major Global Megatrends: Dr. Haven Allahar Implications Adjunct Lecturer in Entrepreneurship, Graduate School of Business, University of the West Indies, for Advanced Trinidad and Tobago and Emerging Countries 2 Abstract This paper reviews the most recent literature on emerging megatrends with a focus on the role of governments in confronting the potential negative aspects of the megatrends. A number of organizations and individuals are studying emerging global megatrends and some of these resources include: McKinsey Global Institute-The four global forces breaking all the trends. Within the scope of our research activities, we cooperate with institutions from all over the world and regularly present our findings at international conferences. 6 Global Megatrends Senior Bank Execs Can't Afford to Ignore Subscribe Now Get The Financial Brand's FREE Email Newsletter The world is becoming increasingly interconnected with new technologies allowing the free flow of data, insight, resources, products and services. Deloitte's 13th annual Tech Trends report provides insights and inspiration to unlock innovation, build trust, and engineer advantage for your digital journey ahead. Dette reducerer risikoen for at overse eller at blive kørt ud på et sidespor af den næste gyldne mulighed. The influence of emerging and developing economies will mean huge changes for business, society and the way we invest. These fall into two main camps: 6 Global Megatrends: Mapping the Forces that Affect Us All f 1. Rapid urbanization. 240. Global Megatrends and Aviation: The Path to Future-Wise Organizations Dr. Pierre Coutu, et. Resource Scarcity. There are five key megatrends that will affect the growth and profitability of players in the packaging industry over the next five to 10 years. Rapid urbanization. Building your transformation journey on future, not current state, has never been more crucial. The implications of these forces are broad and varied, and they will present us with both tremendous opportunities to seize—as well as extremely dangerous risks to mitigate. Engineer your tech-forward future. The EY Megatrends framework exposes business leaders to trends and forces far outside their usual scope of analysis, reducing the risk of missing out on, or being sidelined by, the "next big thing.". McKinsey The global forces inspiring a new narrative of progress Growth is shifting, disruption is accelerating, and societal tensions are rising. China was an exception—it has an older population but is conspicuously optimistic. By 2030, automation could displace between 15 and 30% of workers, including white collar jobs such as mortgage origination, paralegal work, and accounting. Anthony Schiavo, chemicals, climate change, digital transformation, Lux Research, petroleum feedstocks, sustainability. The research was conducted in collaboration with McKinsey & Company and scanned more than 1,000 leading manufacturers. kg PMG K INTERNATIONAL. In Collaboration Global megatrends are the disruptive forces that are shaping the world of tomorrow and aviation organizations will not be spared.

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