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4 ways to use long term trend assessments for your business

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Page 1: 4 ways to use long term trend assessments for your business

4 ways to use megatrend assessments to

maximize your business’ success

frederic de meyer founder institute for future insights [email protected] www.i4fi.com www.fredericdemeyer.com

@fdemeyer

Page 2: 4 ways to use long term trend assessments for your business

1. Using long-term trend assessment to sharpen your corporate strategy

Megatrends

Predictions

Threats -irrelevance;

- new competitors

Opportunities - business Model Innovation;

- gain efficiency, competitiveness

Opportunities -go-to-market innovation; - new products/services

Threats -miss the boat;

- existing competion

Scenario Planning

Corporate Strategy

Trends

Corporate Execution (tactics)

Fashion Tastes

Communities Opinion makers

Mood

Lobby; Mood;

Adoption; Regulation

Black Swans

Environment Demographic shifts

Regulations Macro-economy

Political shifts

Frederic De Meyer

Page 3: 4 ways to use long term trend assessments for your business

2. Using long-term trends assessment as a basis for innovation

external

internal

new

competitors

new business

models

new needs of

customers

new customer

segments

new talents and

competencies

new marketing

mix

new

ecosystems

new go-to-

market models

new production

processes

megatrends

Page 4: 4 ways to use long term trend assessments for your business

3. Using long-term trends assessment to assess your competitive position

YOU

Comp.

1

Comp.

2

Comp.

3

Comp.

4

Comp.

5

Demographics

Factor: dependency on key skills/ talent war 5

GenY

Presence on social media 3 5 2 2 3 5

Presence on social media in an cool way 1 5 2 0 0 3

Interactiveness score of social media 1 4 2 0 1 1

Gamification of business 3 3 1 1 0 0

Sustainability image of company 2 3 5 1 0 5

Ageing

Current programs to integrate elderly people 2 2 2 2 2 2

Flexibility programs publicized 2 2 2 2 2 2

Multicultural

Breadth of business (# countries) 3 5 3 3 5 5

Foreigners at top positions in company 3 5 1 1 5 5

Overal Score: 2,22 3,78 2,22 1,33 2,00 3,11

Sustainability

Factor: Sensibility of industry stakeholders to environmental issues 3

Natural Resources

Sustainability communication of processes 5 5 3 1 3 5

Cradle-to-cradle concept 0 0 0 0 0 3

IT practices (Cloud, Virtualization, …) 5 5 5 5 5 5

Overal Score: 3,33 3,33 2,67 2,00 2,67 4,33

Consumer trends

Factor: Degree of adaptiveness / loyalty of customers 3

Customization of products 0 0 5 5 0 2

Demographics

Sustainability

Consumers

Geopolitics

New Business models

Strategy

Long-term competitive benchmark

Your company

Top performer

Average of 6 companies

Page 5: 4 ways to use long term trend assessments for your business

4. Using long-term trends assessment to build a vision of the future of your professional environment

Climate change (water shortage; lost crops;

draught, ...)

Digital divide (gap rich-poor widening)

Global mobility (brain drain, war for talent, ...)

New waves of (im)migration

Globalization 3.0

Rising middle class in emerging

New competitors Alternatives

(social learning, e-learning, ...)

Social Entrepreneurship

Global Grid (crowdsourcing, open innovation,

desintermediation, ...)

New skills New business models (gamification, virtual company, shared value, open source, ...)

Ageing population

GenY

Consumerization of technology

New culture

Customization Future vision of

Education

Lean

Mobile

International

Always on (24/7)

Personalized

Collaborative

Page 6: 4 ways to use long term trend assessments for your business

www.i4fi.com www.fredericdemeyer.com

additional questions: [email protected]

The future cannot be predicted …but it can be made !

(ancient African saying)

Page 7: 4 ways to use long term trend assessments for your business

website www.i4fi.com

blog www.fredericdemeyer.com

mail [email protected]

Phone +32 478 68 13 08

for useful long-term planning tools: http://www.i4fi.com/useful_tools.html

discover our services

Full assessment of the impact

of megatrends on your business

Long-term competitive benchmarks based on 25

metrics

Thought-provoking keynote

speeches and workshops

Page 8: 4 ways to use long term trend assessments for your business

are you prepared to make the maximum out of long-term trends?

In English on

click here

“Frederic offers a unique insight of how global changes

translate into new business opportunities. This book is an

essential tool for any future-oriented manager or

entrepreneur and anyone involved in innovation strategies”

Philippe De Ridder, co-founder, Board of Innovation

“Designing and implementing a good strategy is quite a

challenge. In an increasingly complex world, it is becoming

increasingly difficult to recognize the core from the noise.

This book on megatrends will help you do this. It will give

you the necessary insights to focus on the themes that are

crucial to the future of your company. A must read!”

Jeroen De Flander, co-founder, The Performance

Factory, author of Strategy Execution Heroes

“This excellent book is a comprehensive overview of the

major trends and also offers a methodology to better assess

the future reality and master its consequences. The author

provides an essential guide for any strategy exercise”

Peter Corijn, Vice-President, Procter & Gamble In Dutch at click here