Sunday, July 6, 2008

Mega Trend - "Change" or "Rate of Change"

Current Mega Trend is "Change or Rate of Change" –

People Wants the Change, Globalization is creating Opportunity, Technology is creating possibility, Financial situation is creating necessity, Entrepreneurship and Leadership is making it happen. While it can be argued that Change has always been the trend, I would like to classify as rate of change which is current Mega Trend

Change from Corporate Power from US, Europe to Asia

  • Rise of Asian MNC's
  • Aggressiveness of Asians to acquire US, Europeans Companies and make global Empires
  • Shifting of corporate power, headquarters of MNC's to Asia

Changes in Financial Bubble-

  • Technology stocks , Real State, Commodity – What next where capital will shift next?

Changes in Telecom Industry –

  • Change from Local Operators to Global Operators - Cross border M&A to make Global Telcos
  • Changes in Traditional Telco Model - Internet and VOIP - slowly replacing traditional Telco Model
  • Change in Revenue Mix - Data Revenue and Video Revenue is growing faster than voice revenue

Change in Access Medium

  • Mobile as access medium - Communication, Entertainment, Information, Analytics, Financial Transactions

Change in IT and Software Market

  • Change from growing to mature market ,Software and Internet Cos- Sign of maturing market, Large scale Mergers
  • Change in Microsoft – Bill Gates Retiring, Implications and Change in IT Market

People wanting Change

  • Rise of Obamah

Changing demographics and Impact on Global Business

  • Old age Population in Developed World - Problems in Workforce and new market opportunity
  • Asian Countries - Growing working population, Rise in incomes, Rise of Women Power, Divorce Rates, Nuclear Families

Changes in Frontiers of Globalization

  • New countries From Japan to Korea, Singapore, China, India what next ? Vietnam , Africa?

Technology enabled Changes in New Areas

  • Education – Change to Student Centric Education Model from School Centric Education Model
  • Health Care – Change to Patient Centric Health Care from Hospital Centric Health Care

Changes in Energy Use

  • Change from Traditional energy sources to use of Renewable – Solar, Wind, Clean Tech

Changes in Disease Diagnosis and Treatment

  • Changes from traditional diagnosis and treatment to Biotech and Genetics and leap advancement in disease diagnosis and treatment

Changes in approach towards Nature

  • Changing approach towards Natural Disasters- Increase in frequency, Planning and Preparing for them
  • Change in Environment friendly business approach – From Social Responsibility to business imperative

Change from reality experience to Virtual Reality Experience

  • Change from two senses ( sound, sight) to three senses ( sound, sight and smell)
  • Changes in entertainment technologies – New age video games involving virtual reality

Publishing Date : July 2008