We’ve been taking a close look at these global megatrends in a series of 11 articles for our own Innovolo blog, with a special interest in what the trends mean … Read More »
Global Mega Trends
Mega trends are global, sustained, and macroeconomic forces of development that impact business, economy, society, cultures, and personal lives thereby defining our future world and its increasing pace of change. Mega trends have different meanings and impacts for different industries, companies, and individuals.
Some of the current mega trends are:
- Global Population
- Urban Population Growth
- Disease Burdens and Pandemics
- Technological Change
- Environmental Pollution
- Approaches to Governance
- The Consequences of Climate Change
- Pressures on Ecosystems
- Global Competition for Resources
- A Multipolar World
- Economic Growth
Unfortunately, environmental pollution is transboundary. Negative externalities are created as byproducts of manufacturing, industrial behaviours and shipping, and transportation. It’s a challenge to hold waste producers responsible since it’s difficult to pinpoint their direct contribution.
While Europe has recently been able to curb its air pollution, … Read More »
The European Environment Agency lists climate change as one of the biggest trends in the world. It’s a trend that may affect livelihoods, economies, and ecosystems in unimaginable ways.
In this post, part of our series on … Read More »
So far in our series on global megatrends, we’ve looked at trends that may impact the business and consumer world in diverse ways.Now we’re shifting gears and looking at how our consumer and resource-intensive industries are harming the world’s most fragile resource – its ecosystems.
As you’ll see, the way we migrate, feed ourselves, and convert our once-natural landscapes can have a major impact on plants and wildlife. Severe cases of pressured ecosystems can even threaten millions of human lives.
It’s a damning picture … Read More »
In this post, we’re looking at another of the European Environment Agency’s global megatrends outlined in their outlook report. For more information about megatrends, be sure to check out our earlier posts. [link to #1]
This post is all about how the competition for resources is on the … Read More »
That increasing global economic output can help meet the demand of a growing population and an increasing global middle class.
In this post in our series on global megatrends, we’ll look at how the international balance of power is shifting (and why) and what that means for politics, economies, and technology.Here are six things about how the… Read More »
One question has troubled economists since the creation of their field of study: how can we maximize our returns despite a finite amount of resources?
That question has only become more important as environmental degradation threatens ecosystems around the world and rapidly migrating populations fight for resources.
It’s an interesting dynamic in this world of ours – when times are good, economic growth seems easy. Economies and financial markets flourish comfortably.
On the downside, recessions and shocks to important commodities like oil send economies spiraling … Read More »
You may not know it, but there are global trends that impact the world around you. If you’re a business owner, you may enjoy amazing access to global supply chains. You might even get a chance to benefit from amazing new technologies that were developed elsewhere in the world.
Megatrends, and their growing impact on economies and societies, have gained a lot of attention recently. Many large organisations have devoted resources to better understanding their impact. One such organisation is the European Environment Agency which … Read More »
As the world recovers from the detrimental impact of the COVID-19 infectious disease, it’s a fitting opportunity to consider how global megatrends impact the world.
Originating in Wuhan, China in late 2019, the COVID-19 virus and disease was classified as a pandemic on March 11, 2020 as it spread to countries around the world.
Global efforts took shape as health agencies took measures to contain the outbreak by encouraging social distancing, limiting human to human contact, and closing down economies.
With the world adopting a … Read More »
In this post, we’re taking another look at a global megatrend that could affect your business, as outlined by the European Environment Agency’s state and outlook report.
We’re focusing on urbanisation and how growing cities can mean a growing impact on the environment, industries, and social wellbeing.
Did you know that estimates suggest that 67 percent of people on Earth will live in cities by 2050? Combined with a new global peak of 10 billion people by that time, the impact of a highly urbanised … Read More »
In this series, we’ll look at a diverse set of trends that your business needs to keep up with. With a globalized world, changes and large trends have a huge impact on your business.
The global megatrends discussed in this series may impact supply chains, availability of resources, and social or political situations – in your own backyard and on the other side of the world. In an increasingly dependent global business environment, such trends are important to monitor. The series is derived from the … Read More »