A Future Prognosis

Athena @ Shaping Tomorrow

24 March 2023
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World Outlook
Main factors that cause something to happen globally
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
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
Global regions, coloured according to number of forecasts
  • Robust foreign exchange strategies will be critical for SMEs to retain profit margins in 2023. The Guardian
  • The UK and Ukraine will address barriers to the participation of small and medium-sized enterprises (SMEs SMEs) in the digital economy, helping companies - no matter their size - to take advantage of the vast opportunities offered by digital trade and the digital economy. GOV.UK
  • In strengthening the SMEs base to the next level as industry players, there is a need to have key catalysts in place that will ensure there is sustainability for operations. Lusaka Times
  • McKinsey estimated in 2020 that promoting changes in consumer behaviour and shifting to business models that promote clothing rental, resale and repair, reduce washing and drying and increase recycling and collection to shrink landfill waste could cut 347 million metric tons of emissions by 2030. S&P Global Platts
  • Entrepreneurs and their venture backers, shaken by the largest U.S. bank failure in nearly 15 years, are recalculating how they will handle their finances going forward. BioPharma Dive
  • Also like Google's new generative AI offerings, pricing and business models have yet to be determined and initial availability will be limited to a very small set of trusted testers (20 companies in Microsoft's case). Transport Times
  • To help reduce investment risks and increase their ability to compete in a rapidly changing economy, many Thai conglomerates have started to invest in related or new lines of business. IFLR
  • Canada will be positioned for a successful future with the exciting new solutions developed by entrepreneurs through the i. Innovation Guelph
  • UAE banks are taking proactive measures to mitigate risk from sectors like trade and from some SMEs. Gulf News
  • Countries started to argue that the small print of the IRA - which stipulates that generous subsidies will only be on offer to companies operating mostly or wholly in the US - amounted to green protectionism and could harm business overseas. Carbon Brief
  • In the coming decade, bioengineering technologies will force leaders to confront their cherished beliefs about their core products and services, and they will challenge existing business models. Future Today Institute
  • The UK Prudential Regulation Authority's plans to change bank capital rules could put up to £44 billion of SME lending at risk. FinExtra

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

autonomous, entrepreneur, SME, augmented reality, 3D, EV
SME, artificial intelligence, company, 5G, entrepreneur, model
SME, entrepreneur, company, bank, digital, consumer
SME, company, business, entrepreneur, GDP, cost
Past Year: Stable
Compare changing sentiment to a benchmark of all forecasts
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
Any major fragmentation and disruption of the Internet would affect the core business model of Internet companies, based on global access to data. Atalayar
  • 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
  • With favorable or constricting regulations being filed occasionally in China, freight forwarders should be updated to ensure they adjust to changes or capitalize on opportunities, such as when the coastal carriage business along several major Chinese ports was opened to foreign container vessels. GoFreight
  • As a country of origin for ambitious entrepreneurs and nonprofits, Sweden is a special place for finding innovative solutions to complex issues, with tremendous potential for scaling sustainable solutions far beyond country borders. Google
  • UAE banks are taking proactive measures to mitigate risk from sectors like trade and from some SMEs. Gulf News
  • Making additional tax reductions on personal incomes and businesses in subsequent years will enable New Brunswick to attract investment, jobs, high-skilled workers and entrepreneurs. The Fraser Institute
  • Doosan Fuel Cell plans to expand orders in 2023 by securing new orders related to RPS and CHPS, developing overseas markets, and diversifying business models. FuelCellsWorks
  • A Louisiana Citizens depopulation round is expected to begin as soon as the incentive funding is paid out and the insurers in question start writing their business.
  • At least three new roles will be created within the UK SME supply chain as well as opportunities for innovation and skills development in line with the UK Land Industrial Strategy. The Manufacturer
  • The financial backing will go a long way towards expanding The Beautiful Bunch business model across Australia to provide even more opportunities for young women from refugee and migrant backgrounds. SmartCompany
  • Qualcomm says it hopes its Digital Chassis will inspire new business models for automakers that go beyond merely selling and maintaining a car. CleanTechnica
  • The focus of ECB Banking Supervision was to assess banks' capabilities to develop and implement digital strategies that are adequate to strengthen their business model sustainability and prudently address related risks. European Central Bank - Banking Supervision
  • Understanding how the consumerization of technology affects the expectations of business audiences and technology users (mobile-first of years prior, cloud computing model now, and AI and augmented / mixed reality of coming years) will remain a focus. Content Science Review
Financial Impact
Asia SME players are expected to power the B2B scene, projected to reach $13 trillion, making up for 80% of Asia's retail spend. Bitcoin Ethereum News
As borders reopen, SMEs are hungry for new growth opportunities overseas Global business travel is expected to reach US$ 1.4 trillion in 2024, a year sooner than forecasted. SME Business Daily Media
Large-scale changes in the food, infrastructure and energy sectors to actively protect nature could create $10 trillion in annual business value and 395 million jobs by 2030. Medium
Click on the dots or the lines to see the connections
System Map
Creates plausible alternative futures of what can happen and encourages development of a robust, agile response
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
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
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.
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
Know how others are tackling issues with this topic
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
SMEs will have created 600 million new jobs worldwide by 2030 alone. original-thinking-applied
The global fintech boom has spread to the insurance industry, as new, disruptive insurtech companies rapidly innovate business models that are challenging industry norms. The Daily Star
Key topics
Investigate what’s transforming or collapsing
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
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.
85% of chief executives believe that AI will dramatically change their business over the next years.
How can business transparency and accountability mechanisms be designed to create transformational rather than incremental change? Forum for the Future
What new service and business models can be developed as sending payloads to space becomes more affordable? Future Today Institute
How can creative businesses support behaviour change of citizens to meet net zero targets? GOV.UK
In other worlds, how can business leaders can create a culture of accountability, transparency and growth in an ever-changing business landscape to build organizations that are resilient, adaptive and sustainable amid adversity? Digital Journal Inc
How can businesses mitigate the impact of climate change? Insurance Business
In the near future, how could AIGC change how brands do business in the future? BeautyMatter
Who gave earlier generations of entrepreneurs the right to unleash the printing press, electric power, cars, radio, the Internet, with all the gargantuan upheavals that th ose caused? Shtetl-Optimized
What will be done for the moderators who are being harmed today, and how will the business practice change fundamentally to protect the moderators who will definitely be needed tomorrow? Al Jazeera
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
What does Cuban feel will drive the next wave of business change? Hispanic Network Magazine | A Hispanic News Source
What do ethical business models look like in psychedelics? Do512
What is the current and potential future impact of climate change on creative businesses, their operations and productivity? GOV.UK
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
Should we treat the data we generate when we live and work in digital spaces as a public good, open for entrepreneurs and researchers to use? Medium
How does an entrepreneur approach an IP strategy when there is a competitive landscape? Gowling WLG
Everyone must decide for themselves, is ESG more of an opportunity or a challenge for SMBs, and will the adoption of ESG initiatives by larger companies benefit or burden SMBs? Environment+Energy Leader
What's going to be the effect on telco carriers' business models as 5G industry adoption picks up, and where will the biggest opportunities be for mobile operators and IT companies? Oracle
What components of SASE will be important in the SMB market now and in the next 5 years? Cato Networks
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