Business

A Future Prognosis

Athena @ Shaping Tomorrow

14 August 2022
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
Estimates that by 2023, 60% of CIOs at companies world-wide will be primarily measured for their ability to cocreate new business models and revenue streams, chiefly through enterprise-wide collaboration. Help Net Security
Large companies that do business in the United States would be required within three years to lay bare their contributions and vulnerabilities to climate change - including, in some cases, the planet-warming emissions associated with their customers and suppliers. E&E News
By 2050, the European Commission aimed to drive Europe into the first climate-neutral continent in the world, operating entirely on circular business models and clean technologies. cosmeticsdesign.com
Global regions, coloured according to number of forecasts
SWOT
Strengths
  • While there are many SMEs owned by women and Indigenous peoples in Canada, they face unique barriers to accessing export opportunities and do not benefit from free trade agreements as much as they otherwise could. GAC
  • Creating a more stable business environment for food producers in Canada that adapts to new levels of systemic risk from climate change, geopolitical disputes, and trade wars. Global AgInvesting
  • Washington's multilateral export control strategy, or what the Chinese Foreign Ministry terms coercive diplomacy and technological terrorism, poses a serious threat to the Chinese chip industry, which lacks viable domestic SME and EDA alternatives. The Diplomat
Weaknesses
  • The CSRD will require companies to disclose their plans to ensure that their business models and strategies are compatible with the goal of limiting global warming to 1.5 °C in line with the Paris Agreement and the EU's own European Climate Law, which aims to achieve climate neutrality by 2050. CLS Blue Sky Blog
  • Changing audit and compliance rules, geographically dispersed workplaces, increased safety and flexibility requirements for business travel, and the great employee reshuffle are making it more difficult for CFOs to predict and manage business spending to support growth. First 5000
  • As the Australian business landscape becomes increasingly digital, SMEs face growing pressure to technologically transform or risk falling behind their competitors. Inside Small Business
Opportunities
  • The National Cyber Security Centre and the Garda National Cyber Crime Bureau have warned in a letter that ransomware groups, which typically focused on larger organisations in the past, are now increasingly targeting SMEs instead. / Ireland Silicon Republic
  • To turn hydrogen into electricity, Dutch SME Nedstack will develop fuel cells for fixed and maritime use, while to improve storage, a French company Arkema will develop bio-based materials for hydrogen tanks to reduce the cost and time of manufacturing. Science|Business
  • The ACBI aims to ensure that the African Continental Free Trade Area delivers on its projected sustainable development promises, especially for women-owned and small - and medium-sized businesses (SMEs). Brookings
Threats
  • In the U.S., it has become common practice for large companies to disclose environmental actions and goals in their financial filings, as well as listing the business risks associated with accelerated climate change. Vectorform
  • Rising fuel and energy costs is now believed to be one of the greatest threats to SME survival in 2022. / UK London Business News | Londonlovesbusiness.com
  • Further, as the scope of global climate change continues to expand, business data will only become more susceptible to natural disasters. Dark Reading
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, SME, augmented reality, entrepreneur, 3D, EV
Emerging
SME, artificial intelligence, company, 5G, model, entrepreneur
Maturing
SME, entrepreneur, company, bank, digital, consumer
Declining
SME, business, company, entrepreneur, GDP, artificial intelligence
Sentiment
Past Year: More Negative
Compare changing sentiment to a benchmark of all forecasts
The internet has the potential to level the global playing field, but technology does not change business incentives or existing power structures by itself. Holloway
Imposing mandatory due diligence requirements will entail a major change in how companies conduct their business and cooperate with other actors in their global value chains. International Institute for Sustainable Development
PEST
Political
  • Continuous cooperation between ICD and Afriland First Bank, the only bank with an operational Islamic Window in Cameroon, will result in easier access by SMEs to Shariah compliant financing that will meet their funding needs, as well as in keeping businesses open and preserving jobs. East African Business Week
  • The European Bank for Reconstruction and Development (EBRD) is extending new financing to Stopanska Banka, which will benefit small and medium-sized enterprises (SMEs) in North Macedonia. Regional Economic Prospects
  • Although there are differences in regulatory frameworks between mainland cities and two SAR, Shenzhen and Hong Kong could be seen as one ecosystem because they share the networks of entrepreneurs, suppliers, manufacturers, and investors. hawksfordcareers
Economic
  • Eliminating the flexibility for small firms entrenches the role of large firms like, Apple, Google, and Medtronic, potentially strangling disruptive innovations by SMEs. OUP Academic
  • First Circle exists to radically improve the course of opportunity for SMEs across South East Asia. The Financial Brand
  • Under the EGF program, by taking part in a synthetic securitization, BBVA will be able to mobilize an additional €432 million euros for SMEs. / Spain European Investment Bank
Social
  • The change to the National Insurance Threshold is a positive step for SMEs and entrepreneurs and will bring a genuine uplift to the pay packets of many if the correct accounting changes are made. London Business News | Londonlovesbusiness.com
  • Of the 66% from the 2022 report, 24% plan to switch to part-time hours, 15% will continue working for their own business and 12% are planning on becoming entrepreneurs. The Private Office
  • The Baton Rouge, Louisiana-based Amedisys has started to pilot a new model that takes into account the case rate on a per admission basis, which will hopefully drive down business per episode in order to take in more Medicare Advantage patients across its home health segment. Home Health Care News
Technological
  • Within 2023, 63% of SMB workloads and 62% of SMB data will reside in a public cloud. Computerworld
  • Further, as the scope of global climate change continues to expand, business data will only become more susceptible to natural disasters. Dark Reading
  • BankiFi is on a mission to help over 2 million SMBs, globally, by 2024 by partnering with banks and financial institutions to provide technology designed to make business banking better. Business Wire
Financial Impact
As global trade starts to pick up once again - with cross border business payments expected to reach USD 35 trillion in 2022 and global B2B non-cash transactions expected to increase at a 10.2% CAGR to reach nearly 200 billion transactions by 2025 - payments automation is a must. Crowdfund Insider
70% of new value created over the next decade (> $100 trillion) will be based on digitally enabled platform business models. acceleratorlabs.undp.org
Spending on packaging is expected to reach $1.05 trillion by 2024 driven by the explosive growth of online shopping & the adoption of direct-to-consumer business models. RSN
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
Estimates that by 2023, 60% of CIOs at companies world-wide will be primarily measured for their ability to cocreate new business models and revenue streams, chiefly through enterprise-wide collaboration. Help Net Security
Estimates that by 2023, 60% of CIOs at companies world-wide will be primarily measured for their ability to cocreate new business models and revenue streams, chiefly through enterprisewide collaboration. WSJ
Estimates that 60% of CIOs at companies worldwide will be primarily assessed on their ability to co-create new business models, revenue streams and collaborate throughout the entire enterprise by 2023. S&P
Warnings
Changing proportion of published forecasts
Farmers around the world are protesting changes in the laws affecting their businesses and threatening their way of life: Canada, of course, Italy, Germany and India. Children's Health Defense
EU plastics industry 'on the precipice' due to unsustainable business model, tightening green regulations and competition from China, Planet Tracker warns. Business Green
Solutions
Know how others are tackling issues with this topic
SMEs will have created 600 million new jobs worldwide by 2030 alone. original-thinking-applied
As we enter into a historic decade of action to halt and reverse biodiversity loss by 2030 and address climate change, business has a critical role to play in environmental stewardship of our planet. Green Queen
One of a handful of new clauses to the global framework says banks' boards and senior managers should consider whether including climate risks in their business plans may warrant changes to its compensation policies. Financial Times
Key topics
Extremes
Investigate what’s transforming or collapsing
True leaders of the energy transition will ultimately leapfrog industry margins with sustainable business models that not only attract investors, talent and consumers, but also serve a vital role in the world's energy future. WordPressBlog
Most notably, hospitality, brick-and-mortar retail, and commercial real estate all face obstacles that might ultimately see them adapting their business models to new global realities. Investopedia
Over the past two years, companies around the globe have continually changed the way they conduct business to meet new needs that will, ultimately, find 60% of us working remotely by 2024. VentureBeat
What's Next
Changing proportion of material mentioning future years
In the coming years, many businesses will start using smart assistants to perform various important tasks. Techiexpert.com
85% of chief executives believe that AI will dramatically change their business over the next years. edie.net
Questions
Can?
What can SMEs do today to help boost their future expansion plans and gain a competitive edge? IDG connect
What can be done now to boost take-up, particularly among SMEs? Global Trade Review (GTR)
Today's question is, Can we afford to ignore the business and technology trends that are re-imagining the value proposition for insurance and the future business model? Insurance Innovation Reporter
How?
How Is Blockchain Changing The Way Businesses Operate Today? ONPASSIVE
How can insurers make themselves more valuable to SMBs that need them more than ever in a rapidly changing risk environment? Insurance Thought Leadership
How does one transit from the traditional business model to the model of high-growth companies? Entrepreneur Middle East
Who?
Who are the entrepreneurs who will lead innovation? Credit Suisse
If CCP leaders would "disappear" Jack Ma for speaking out against excessive government meddling, what would they do to the next entrepreneur who tries to shake things up? Discourse
What about business owners who have rethought their model from retail-focused to direct to consumer, and grew because of it? Multichannel Merchant
What?
What are the challenges faced by SME's and prominent vendors in Fishmeal And Fish Oil Market? Digital Journal
If something could last forever, what would the business model look like? Forbes
What sorts of impacts will decarbonisation have on the air travel business model? ICAEW
When?
How does an entrepreneur approach an IP strategy when there is a competitive landscape? Gowling WLG
With so many eVTOL makers fighting for forthcoming market share, will all of the business models survive a price-hike when competing with electric cars for the precious minerals? Simple Flying
When large companies started offering cloud computing, Computer provided insights into the readiness of cloud computing to transform economies, industries, and business models by publishing articles such as Is Cloud Computing Really Ready for Prime Time? libres.uncg.edu
Will?
Or will uptake be more modest, thereby requiring only limited changes to business models and market structures? Inc.
Will incumbent banks move into key management, or will entrepreneurs? Fintech Brain Food
Will social media platforms move towards a hybrid business model going forward? mediavision
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