ROLAND BERGER STRATEGY CONSULTANTS TREND COMPENDIUM 2030 START INDEX TRENDS CONTACT This document is optimized for color prints 1 About the TREND COMPENDIUM 2030 WHAT IS IT? > The TREND COMPENDIUM 2030 is a global trend study compiled by Roland Berger Strategy Consultants > It describes seven megatrends that will shape the world over the next 20 years > All trends have a broad impact on how we do business Therefore, Roland Berger experts have identified corporate actions that companies must take today > The study also takes a look at how we will live in 2030 OUR APPROACH > We first screened all relevant trend, scenario and future …show more content…
EXECUTIVE SUMMARY Seven global megatrends shape the face of the world in 2030 T1 CHANGING DEMOGRAPHICS T2 GLOBALIZATION & FUTURE MARKETS T3 SCARCITY OF RESOURCES T4 THE CHALLENGE OF CLIMATE CHANGE T5 DYNAMIC TECHNOLOGY & INNOVATION T6 GLOBAL KNOWLEDGE SOCIETY T7 SHARING GLOBAL RESPONSIBILITY START INDEX TRENDS CONTACT 9 SUBTRENDS TECHNOLOGY DIFFUSION POWER OF INNOVATION THE AGE OF LIFE SCIENCES Technology will spread at high speed throughout the world Innovations will change our lives Robotics, Internet of things Challenged by demographics, boosted by R&D A. EXECUTIVE SUMMARY Seven global megatrends shape the face of the world in 2030 T1 CHANGING DEMOGRAPHICS T2 GLOBALIZATION & FUTURE MARKETS T3 SCARCITY OF RESOURCES T4 THE CHALLENGE OF CLIMATE CHANGE T5 DYNAMIC TECHNOLOGY & INNOVATION T6 GLOBAL KNOWLEDGE SOCIETY T7 SHARING GLOBAL RESPONSIBILITY START INDEX TRENDS CONTACT 10 SUBTRENDS KNOW-HOW BASE GENDER GAP WAR FOR TALENT 55% of the people worldwide will have
Globalization is the process by which the markets of different countries become integrated due to the exchange of goods, services, technology, and capital. Globalization depends on social, economic, and political factors, and continuously alters the way that the world works. All the vital components of the evolving global, political, economic and social institutions being examined seem to constantly converge and to perpetually intertwine during the day to day administration of global affairs. Diplomacy is employed to keep a measured balance between conflict and cooperation. The global guarantees of international law are placed in sharp contrast to the grim reality of human rights on daily basis and policy is dictated by the scales of political power and the urgent priorities of economic necessity. To understand how the globe functioned in the past and how it wishes to function in the future, we must study each factor separately and observe its inevitable interactivity with the other factors that occur. It is important to note that none of the dynamics can be given greater weight in comparison to the other crucial instrumentalities.
Technological advances over the next ten years are projected to grow at an astronomic rate. As business owners you must consider carefully all of the affects the different forms of technological advances will affect your business.
Challenge of Globalization W. L. GORE & ASSOCIATE had been expending their business in more than 30 over country; there are Asia Pacific, Europe and the Middle East, Central America, North America and South America, leading manufacturer of thousands of advanced technology products for the electronics, industrial, fabrics and medical markets. With the employees of 9.500 people around the world, managing the people also bring along the trouble as well. With the diversity of culture, people, background, language and norms, challenges and problems occur within the company and beyond the boundaries of the company. This is the major problems that will occur when a company goes global and expanding to the world. This challenge of globalization
The reading is contained in Alan Ainsworth’s book “The 75 Arguments: An Anthology” that addresses different arguments in various subjects including technology, marriage, race, globalization, economics, among others. The book presents arguments about the relationship between organizations’ responsibilities and the economy. According to the author, activities that aim to enhance the global economy might have negative consequences for both the environment and the society as a whole. Agencies should recognize their responsibilities to support the life of the communities when attending their daily operations. Companies that value the needs to protect the environment tend to receive support from the society while those who defy such responsibilities end up impoverishing their economic growth. In the recent past, globalization, the view of ideas from world perspective has gained popularity across the world. A critical review of the arguments on globalization could offer people and organizations with ideas on the importance of fulfilling their responsibilities while pursuing their economic objectives.
The author asserts in this journal to understand the two vectors shape the world – technology and globalization. The first helps determine human preferences, the second, economic realities. The global companies systematically push these vectors toward their own convergence, offering everyone simultaneously high-quality, more or less standardized products at low prices. Technology is a powerful force that has driven the world towards a converging commonality. Almost everybody everywhere wants all the things they have heard about, seen, or experienced via the new technologies. The
The world is not a large and strange place anymore. The world is a place that is interconnected and intertwined. The world has become from a place that each country and their peoples are separate and isolated to a place that each country and their peoples are part of a global network. Thanks to globalization this is occurring. Globalization is the ‘international integration” or ‘de-bordering’ – “a number of highly disparate observations whose regular common denominator is the determination of a profound transformation of the traditional nation-state” (Von Bogdandy 2). Globalization is connecting different people from different cultures and backgrounds together. More and more corporations are entering new foreign markets to sell their
global economy because it is and will be affecting the way we learn, work and
In response to globalization, one of many thousands of answers to solve international issues multiple countries are facing. The question
The last century has brought dramatic changes to the world. The globe has become more integrated, linking countries together economically, socially, and politically. Yet, as a result of this globalization, the world economy has become
As Americans we have to start to comprehend that the world around us is changing technologically, politically, and economically. In “The Last Superpower” an excerpt from the book The Post American World by Fareed Zakaria published in 2008. Zakaria emphasizes on these changes. Thomas Friedman the author of “The World is Flat” a piece from the book The World is Flat: A brief history of the twenty-first century published in 2005 also emphasizes on the same changes currently happening in the world. Zakaria and Friedman define these changes as globalization. The obvious common ground shared by both authors is their representation of globalization and the effects that it has and will continue to have on modern life. In contrast to sharing the
Using the readings and enrichment materials for the unit, define and analyze ways in which innovation at HCL Technologies will likely be influenced by trends shaping global markets. Make sure to name at least two trends that inform your analysis and provide at least one reference (other than the case study) to support your rationale. Please remember that trends refer to sustained and systemic change across boundaries of cultures, economies, technologies, and ecosystems. Be mindful that trends are not specific initiatives implemented by leadership within the HCL case study.
Many historians and sociologists have identified a transformation in the economic processes of the world and society in recent times. There has been an extensive increase in developments in technology and the economy as a whole in the twentieth century. Globalization has been recognized as a new age in which the world has developed into what Giddens identifies to be a “single social system” (Anthony Giddens: 1993 ‘Sociology’ pg 528), due to the rise of interdependence of various countries on one another, therefore affecting practically everyone within society.
“Globalization is not just one impact of the new technologies that are reshaping the economies of the third millennium” (Thurow 19-31). When speaking of globalization, most people will not have a complete understanding as of what it actually means or what aspects of the world it affects. Globalization promotes free trade and creates jobs. The capital markets attract investors, resort cheap labor, and leads to job losses in some areas of higher wage. While all of this is happening, the world economy is being effected: economically, culturally, socially, and politically.
“Globalization is today's reality. Like it or not, the move to a world economy is a fact of life. At some point in the 1990s the process achieved critical mass and people started to sit up and take notice. Many were apprehensive.
Globalization is important to understand in order to determine what worked in the past and can be successful again in the future. Our many cultures, ideals and growing technology form together to create an extremely global world. We use products that were made on the other side of the world, and are taxed on practically everything. Whether the effects of our global society is good or bad, there’s no doubt that the world is constantly changing and impacting our livelihoods, so we must adapt accordingly in order to succeed.