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May19
Some Trends To Watch In Business

I came across this on Forbes.com. Reprinted from the McKinsey Quarterly (registration required) January edition. Some highlights:

    • Public-sector activities will balloon, making productivity gains essential. The unprecedented aging of populations across the developed world will call for new levels of efficiency and creativity from the public sector.
    • The consumer landscape will change and expand significantly. Almost a billion new consumers will enter the global marketplace in the next decade.
    • Technological connectivity will transform the way people live and interact. The technology revolution has been just that. Yet we are at the early, not mature, stage of this revolution.
    • Ongoing shifts in labor and talent will be far more profound than the widely observed migration of jobs to low-wage countries. The shift to knowledge-intensive industries highlights the importance and scarcity of well-trained talent.

Fasten your seatbelts. We're in for an interesting ride.


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