Business

A Future Prognosis

Athena @ Shaping Tomorrow

24 November 2024
Introduction
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Contents
User Guide
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Sources
RSS Feeds
Twitter Searches
Web Searches
Twitter Feeds
World Outlook
Main factors that cause something to happen globally
In a year marked by constant global change and disruption, businesses across Asia face unprecedented challenges. AsiaOne
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
Global regions, coloured according to number of forecasts
SWOT
Strengths
  • Alloy will leverage synergies across its unique business model to further advance the iCAR-T / NK platform while enabling broader access to the technology for biotech and pharma partners to develop therapies for cancers including solid tumours. pipelinereview
  • In 2024, tech startups that integrate sustainable practices within their business models are anticipated to have a competitive advantage. The Jerusalem Post
  • KPN is introducing a new security package with all relevant security services that protect SME companies even better against digital threats. Mobile Europe
Weaknesses
  • Regulatory issues continue to be a concern in various markets, with potential new fees or restrictions on gig economy workers posing risks to Uber's business model. investing.com
  • Following the results of the US Presidential election and release of the UK Budget, investors have had a busy start to November, assessing whether the impact on inflation from US and UK government policies will be enough to significantly change the easing path for central banks. Mattioli Woods
  • Remote Working Presents a Significant Cybersecurity Concern New study by Markel Direct reveals that nearly 1 in 4 UK SMEs worry about securing remote work environments contributing to additional cyber threats.
Opportunities
  • Over 560,000 new cyber threats are discovered every day, with 81% of all businesses in the UK being classed as small businesses or SMEs. Startups.co.uk
  • As we move toward 2025, SMBs can embrace a wide range of tech - beyond just AI - to improve operations, enhance customer experience and compete in the global marketplace. Vistage Research Center
  • Key Takeaways 58% of companies report skill shortages significantly impact business plans, yet only one-third of TA leaders contribute to strategic workforce planning By 2030, required job skills will have changed by 68% compared to 2015, making traditional resume-matching recruiting obsolete. Recruitics, LLC
Threats
  • U.S. born Americans, who work for undocumented entrepreneurs, are at risk of losing their jobs. Nevada Current
  • The political risk factor is quite important for McDonald's since there can be several countries which might not allow FDI in fast food industry or disallow franchise kind of business model. UK Essays
  • Cyber threats continue to increase, they are evolving thick and fast with the UK witnessing a huge rise in attacks on SMEs across sectors in 2024. SME Magazine
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, entrepreneur, augmented reality, quantum computing, artificial intelligence
Emerging
artificial intelligence, SME, company, 5G, entrepreneur, model
Maturing
SME, entrepreneur, company, bank, digital, consumer
Declining
SME, company, entrepreneur, business, GDP, consumer
Sentiment
Past Year: Stable
Compare changing sentiment to a benchmark of all forecasts
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
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
  • Key actions proposed under ViDA will help EU countries collect €18 billion more in VAT revenues annually (€11 billion as a result of anti-fraud measures) while helping businesses, including SMEs, to grow. Taxation and Customs Union
  • If irreversible climate change were to become entrenched, business costs will themselves be elevated by higher insurance and other business costs due to natural disasters, as we have observed in countries as diverse as Bangladesh, Mexico, Poland, Spain, and Thailand. The Workers' Party
  • A £4.2 million MedTech accelerator programme has launched, which will provide up to 140 UK small and medium-sized enterprises (SMEs) with grants to tackle regulatory challenges. Digital Health
Economic
  • Tesla is expected to start its Robotaxi business as early as 2025 in Texas and California, using the Model 3 and Model Y. Yahoo Finance
  • By providing financial assistance to the female entrepreneurs the Government of India will also create employment opportunities for Semi-skilled workers. / India Sarkari Yojana
  • Macnica is expected to fully acquire GAMA, with plans to establish its business model in Japanese mobility markets. Idtechex
Social
  • The main objective of launching the Mahila Saksham Scheme 2024 is to make sure that all the female entrepreneurs in India will earn at least INR1 lakh annually. Sarkari Yojana
  • British Business Bank: Changes will increase the British Business Bank impact and flexibility, making its £7.9 billion commercial programs permanent. Irwin Mitchell
  • Training and Upskilling Local Talent: Google's hub will play a key role in upskilling local talent, with a vision to train potentially millions of people, including developers, researchers, and entrepreneurs. / Saudi Arabia The AI Track
Technological
  • In 2024, IT will matter even more, for keeping up with tech changes, promoting cybersecurity, enabling hybrid working, and choosing software that affects business income. TechFinancials
  • Massive levels of investment in infrastructure, technology and adapting business models are required for transition, e.g. annual average power sector investment must grow from US$1 tn to US$2.2 tn by 2030. Insurance Business
  • Small and medium-sized enterprises (SMEs) in Australia face a growing cybersecurity gap as cyber threats escalate, but many lack adequate resources to strengthen their defences. Insurance Business
Financial Impact
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
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
Small and medium-sized enterprises (SMEs) across the globe, for example, are projected to have unfulfilled credit needs totaling $5 trillion annually, which is where B2B fintech can step in. Techfunnel
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
In a year marked by constant global change and disruption, businesses across Asia face unprecedented challenges. AsiaOne
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
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
Creating New Opportunities: Partnerships with local and global businesses can open new avenues for entrepreneurs and business owners, allowing them to leverage blockchain technology for innovative solutions. Blogger
A successful global plastics deal in 2024 will require businesses to shift their models towards circularity. Passle
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
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
SMEs are more vulnerable to disasters with many companies going bankrupt in the aftermath of a disaster and wreaking havoc on global supply chains. APEC
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?
How can SMEs leverage digital platforms for growth? BBrief
In what ways can artificial intelligence contribute to SME growth through digitization? BBrief
How can SMEs benefit from the adoption of digital technologies? BBrief
How?
How will technologies and services evolve to support new intelligent business models in 2025? Aragon Research
How can Brazil and China support entrepreneurs around the world? Development Reimagined
As the world leans towards nearshoring to bolster global supply chain resilience, how can businesses start to engage with SEZs? Forbes
Who?
An entrepreneur who is a little more lucid than real estate developers, but will it be enough? Vogon Today
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
What?
What challenges do SMEs face during their digital transformation journey? BBrief
What are the main opportunities for SME growth through digitalization? BBrief
What role do public-private partnerships and sandbox initiatives play in supporting SMEs in the quantum computing space? Quantum Europe
When?
How far is the fashion industry when it comes to circular and sustainable business models and the transformation required? CINET - The International Committee of Textile Care
What do entrepreneurs hang their hats on when plotting the future development of their businesses?
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
Will?
How much time, energy and resource will we spend trying to maintain life and business as we know it in the face of unrelenting climatic change? The Current
Wondering how AI will impact industries, business models, and everyday life? Madrona
Will there ever be an integration need for the millions of SMEs? FinExtra
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