Business

A Future Prognosis

Athena @ Shaping Tomorrow

27 July 2024
Introduction
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Contents
User Guide
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Sources
RSS Feeds
Twitter Searches
Web Searches
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World Outlook
Main factors that cause something to happen globally
By 2030, we envision a world where every business, regardless of scale or sector, harnesses the power of AI and emerging tech to drive transformative change. Small Business UK
By 2030, Saudi Arabia will have at least five universities among the top 200 universities in the world; and refocusing on small and medium-sized enterprises (SMEs) by encouraging financial assistance. Medium
The only way the world could hope to tackle the impending disaster of antimicrobial resistance - which estimates suggest could result in 10 million deaths a year by 2050 - was to fix the broken antibiotic business model. Chemistry World
Global regions, coloured according to number of forecasts
SWOT
Strengths
  • Businesses looking to start 2024 in a strong position will focus on executing supply chain excellence. Ryder Website
  • Space represents fantastic opportunities and, clearly, Europe wants a strong space sector where citizens and businesses, including start-ups and SMEs, can really benefit. Clifford Chance
  • The OECD works with countries and regions to develop policies that strengthen the resilience of SMEs and entrepreneurs and unlock their potential in a changing global landscape. OECD
Weaknesses
  • While affinity and partner business models like bancassurance are growing rapidly on a global scale, they present limited growth opportunities for insurers whose expense ratios remain around the 20% mark. Accenture
  • Unintended side-effects include a broad base of leading tech firms, investors and entrepreneurs sharply criticizing the repercussions on start-up ventures, given their greater risks, and for Canada's competitiveness versus the U.S. and elsewhere for location decisions. Policy Options
  • With the industry under pressure to cut its emissions footprint, researchers and entrepreneurs are eyeing up an opportunity to decarbonise concrete, the world's second most consumed material after water. Lombard Odier
Opportunities
  • The Hydrogen Business Model, will support further investment in hydrogen production with £100 million for electrolytic projects to cover the difference between the cost of production (the strike price) and the sale price for hydrogen (reference price). GOV.UK
  • The USDA is making available $200 million under the new Meat and Poultry Intermediary Lending Program to strengthen the food supply chain and create opportunities for small businesses and entrepreneurs in rural communities.
  • Companies with a clear strategy and concrete steps to align their business models with a world that will eventually demand clean energy and fewer fossil fuels will be rewarded. FFI Solutions
Threats
  • Under the second climate disclosure rule, companies with more than $500 million in annual revenue would have to divulge how climate change threatens their business. E&E News by POLITICO
  • Incorporating Climate Risk into Decision-Making: Extreme weather, intensified by climate change, threatens the U.S. economy and the financial security of families, businesses, and workers. The White House
  • Copilot, an AI-based tool integrated into the Defender XDR portal, by Microsoft has been released for general availability, aiming at changing the way businesses acquire and use threat intelligence data from Microsoft. CybersecurityNews
Influencers
Countries
Cities
People
Organizations
S-Curve

A framework that describes a 4-phase level of maturity to help determine potential and inform innovation strategy.

Weak
autonomous, entrepreneur, SME, augmented reality, quantum computing, 3D
Emerging
artificial intelligence, SME, company, 5G, entrepreneur, model
Maturing
SME, entrepreneur, company, bank, digital, consumer
Declining
SME, company, entrepreneur, business, GDP, cost
Sentiment
Past Year: Stable
Compare changing sentiment to a benchmark of all forecasts
By 2030, we envision a world where every business, regardless of scale or sector, harnesses the power of AI and emerging tech to drive transformative change. Small Business UK
Almost a quarter of UK CEOs (and 39% globally) believe their business will not be economically viable within a decade without a vital change of direction. ICAEW
PEST
Political
  • With the launch of a new joint initiative to support the countries that are most vulnerable to climate change, the global insurance industry is evolving in ways that could carry important implications for business in emerging markets. Oxford Business Group
  • Young Japanese entrepreneurs will build a more modern country. Judy Hevenly
  • Saudi SMEs are strategically positioned to capitalize on international opportunities across several sectors due to the Kingdom's expanding global influence. ArabNews
Economic
  • As a chef, starting a niche fashion business could be an appealing and profitable side venture, especially in a booming industry set to reach $1.002 trillion by 2025. Starter Story
  • Significantly, Alaska is not only a major contributor to ongoing sea level rise, but also contains some of the world's largest plateau icefields, which will also be susceptible to rising ELAs and SMB and altitude feedbacks. Nature
  • Small - and medium-sized enterprises (SMEs) make up more than 61% of UK employment, so a large part of the workforce could be excluded unless protection is designed more inclusively. The Conversation
Social
  • In addition to fostering the expansion of South Korean startups abroad, we hope that foreign entrepreneurs can similarly access the South Korean ecosystem for greater exchange and collaboration in an environment of open innovation. Thales Group
  • A new fragmented CCUS business model will soon emerge, with oil and gas players leveraging existing expertise and infrastructure to begin providing partial chain CO 2 transport and/or storage services, simplifying project development for emitters. Yahoo Finance
  • Next Bharat will focus on nurturing and empowering social entrepreneurs, who are passionately solving the problems of India. Automotive World
Technological
  • The TDPSA stands out for its small business carve-out, lack of specific thresholds based on revenue or data volume, and requirements for recognising universal opt-out mechanisms starting in 2025. Analytics Platform - Matomo
  • Lockheed Martin and SMEs will research the performance of AM as compared to casting and forging.
  • GE Aviation will aim to have SME suppliers compete on 50% of its request for quotes for items to be made with 3D printing or related technologies.
Financial Impact
With retail eCommerce sales worldwide forecast to reach about 8.1 trillion dollars by 2026, it's never been a better time to start an online business. eFunder
Here's something that might change your mind: in the US alone, business-to-business ecommerce sales are expected to reach $1.8 trillion by the end of 2023. Authority Hacker
Asia SME players are expected to power the B2B scene, projected to reach $13 trillion, making up for 80% of Asia's retail spend. Bitcoin Ethereum News
Click on the dots or the lines to see the connections
System Map
Organizations
Sectors
Cities
Countries
People
Scenarios
Creates plausible alternative futures of what can happen and encourages development of a robust, agile response
By 2030, damage to the global climate will be irreversible regardless of the ushering in of new technologies and business models. Financial Times
Almost two in five of the bosses of global companies fear their businesses will be unviable within a decade because of the struggle to find talented workers and the need to adapt to technological change. The Guardian
From the droughts that have gripped the world this last year to the catastrophic floods in Pakistan, there is no longer any doubt that climate change is a material threat to communities and businesses around the world. PwC
Warnings
Changing proportion of published forecasts
From new perspectives to different mindsets, women bring a lot of powerful qualities to the world of business, helping spark creativity and disruption and changing the way people work. UNSW Sites
Banana farmers across the world need urgent support as climate change and soaring costs threaten their ability to stay in business. Kent Online
Solutions
Know how others are tackling issues with this topic
As innovative businesses around the world focus on the push to net zero by 2050, it is important to change perceptions of IP ownership and raise awareness of its value to society as a whole. Open Access Government
Digital cash has the potential to reshape global economies by streamlining business transactions, changing consumer behaviour, promoting financial inclusion, and influencing monetary policies. UEEx Technology
Imagine a world where the lines between physical and digital reality are blurred - where businesses can interact with digital replicas of their physical machinery and environments, collecting data and enacting change in real time. Industrial Machinery
Key topics
Extremes
Investigate what’s transforming or collapsing
Adapting to the new normal of extreme natural disasters, unpredictable weather patterns, and yet-unknown future effects of climate change requires a sustained effort among businesses, industries, and leaders to adopt principles and practices that balance people and planet with profit. Nutraceuticals World
If big businesses and governments do not support SMEs to cut emissions - and quickly - we will ultimately miss the target of halving global emissions by 2030 and fail to avoid the most catastrophic impacts of the climate crisis. Reuters
Indonesia in View 2022 will explore the challenges being faced by local, regional and global streaming services, and what their priorities are around content, localisation and ultimately, business models, for the coming year. Disruptive.Asia
What's Next
Changing proportion of material mentioning future years
By the start of the next decade, our global business with exhaust-gas treatment systems will have doubled from its 2016 level. Bosch
Business Insider's premium research service, has forecasted the start of the IoT's global proliferation in The IoT Forecast Book 2018 - and the next five years will be transformational for consumers, enterprises, and governments. Business Insider
Questions
Can?
If today truly represents the slowest pace of change organizations and the world will experience, how can we expect yesterday's business strategies to suffice? Slalom
How can managers help their organizations thrive in the digital age with innovative strategies and business models? Poets&Quants
Can AI, as an electronic entrepreneur, create or discover entrepreneurial opportunities? SMS
How?
How can smaller businesses (SMEs) protect themselves from cybersecurity threats? Gulf Business
In a wellbeing economy, how will small and medium enterprises (SMEs) cope if they are unable to reduce their ecological footprint? UKColumn
How do changes and trends among various demographics, lifestyles, and attitudes affect engagement with business? Management Consulted
Who?
Two rich, well-known entrepreneurs asking regular human beings, who may be skeptical or unfamiliar with generative AI, to hand over their most personal and consequential health data to a nagging robot? The Atlantic
Rather than asking who has the market power to win the tug of war, we should be asking, What institutions and business models are needed to allocate the value that is created by the generative AI supply chain in proportion to the role that various parties play in creating it? O'Reilly Media
Who here would make the most successful entrepreneur? Best Life
What?
What can small and medium size enterprises (SMEs) do when the complexities of cybersecurity insurance keep them from being made whole after a cyber breach? Digital Insurance
What can policy makers do to help SMEs take action on climate change? OECD CFE
What is the role of Korean SMEs in the global supply chain? The Worldfolio
When?
What are some of the biggest mistakes companies make when adopting platform-based ecosystem business models? The Innovator
What are the common hurdles encountered when putting analytics to work in a business, both in developing analytical models and applications and in building enterprise analytical capability? International Institute for Analytics
The UN leader wants to talk in Hanoi about climate change policies, but how can Vietnam really move forward when it is busy jailing key civil society partners who are critical to national efforts to stop global warming? The Vietnamese Magazine
Will?
How will the increasing reliance on AI technologies impact traditional software development processes and business models? elblog.pl
Will Chinese e-tailers new business models prove sustainable? The Loadstar
How can company leaders know which digital technologies will yield the most business value, or whether the time is right to invest in making a change? Deloitte Shared Services Conference
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