BCG MEGATRENDS PDF

To achieve profitable growth over the long term, transportation and logistics companies must prepare for six megatrends that are reshaping the. Boston Consulting Group On Global Megatrends. Differentiating Success Factor or Just a Hollow Phrase? The word “megatrend” is a beloved. Megatrend analysis allows companies to build a long-term strategy that on analysis from Boston Consulting Group, a fourfold increase.

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By proactively addressing the opportunities created by these megatrends and avoiding losing ground to new players, incumbents can emerge as winners in the long term.

Megatrends in Higher Education

Advanced analytics, in turn, makes it possible to analyze enormous amounts of unstructured data, improving forecasting and decision making as never before. Companies will need to learn how to compete for talent in these locations while developing megayrends in other areas.

Read about the skills bct need to compete in the 21st century. BCG uses cookies to improve the functionality, performance, and effectiveness of our communications. Rail and air transport and the related infrastructure segments will benefit to a lesser extent as players offer more point-to-point connections between cities.

The plethora of stakeholders, decision rights, processes, and policies slows down every decision and hinders collaboration across departments, reinforcing the silo effect.

A BCG survey of business leaders found that three-quarters believed complexity was making it harder to meet business goals. Choose your metatrends to get a site experience tailored for you. As a result, companies from these countries will become large global players. Students seek international experiences, employers want workers with international exposure, and educational institutions can further their global reach—a win for all parties.

Twelve Forces That Will Radically Change How Organizations Work: The New New Way of Working

Rail will benefit, because this transport mode is environmentally friendly, as will the related rail network providers and other segments that help to make transport more efficient, such as megaatrends terminals.

After rapid population increases during the 20th century, birth rates have stalled—and even reversed—in many regions. Of the more than 60 hot spots worldwide, nine out of ten are in the United States. Businesses such as Google, Chevron, and JPMorgan Chase are already implementing such programs and realizing benefits, including fewer sick days, lower insurance premiums, and more-productive employees.

We have divided these forces into two groups.

The most innovative solutions today are being developed by people around the world who come together in online communities, internet platforms, and digital ecosystems that disrupt the traditional models of venture funding, product development, and product life cycle management.

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In this report, the first in the New New Way of Working series, we identify several companies that are leading the way. The young employees learn best practices and get career advice, while the older workers gain insight into new technologies and the use of social media.

There are those who may have deferred entry into university, want an additional degree, want to refresh their skills through continued education, or hope to pursue personal growth in a particular subject later in life.

As the world enters the fourth industrial revolution, the education needs of the future workforce are drastically changing. Choose your location to get a site experience tailored for you. In their search for a healthy work-life balance and opportunities for self-expression, they are harder to please than their predecessors.

They are also harder to retain. By continuing to use this site, or by clicking “I agree,” you consent to the use of cookies.

Moreover, programs designed for the academic domain are increasingly ineffective in building the skills required in the modern workplace. The fast growth of emerging economies will further increase trade flows within and among Africa, Asia, and Latin America. Freelance work versus employee loyalty, risk taking and entrepreneurism, multidisciplinary pursuits, talent renting and freelancing, and individualized aspirations Well-Being and Purpose: The increased prevalence of digital technology and artificial intelligence will lead to new job functions and categories—but also to shortages of people with the skills needed to fill those roles.

Megatrends in Higher Education. To respond to infrastructure congestion, contract logistics players can invest in and control critical infrastructure points, which will allow them to offer services at a price premium in some markets. In response, companies need to put a premium on simplicity, agility and innovation, and understanding the needs of customers.

First, companies have significant opportunities to apply big data and automation to improve operational efficiency, quality, and costs. As a result, leadership teams will need mechanisms for capturing, cleaning, aggregating, and analyzing data.

Getting Ahead of the Megatrends in Transportation and Logistics

Air, sea, and road players will face increased burdens for regulatory compliance, such as having to upgrade or replace fleets to meet new emission standards. New silos develop, the number of stakeholders involved in decision making increases, and interdependencies between functions multiply.

The challenge is to help them develop those skills, or—for some young people—to increase their mobility so that they can find jobs elsewhere. Companies from startups and online businesses to incumbents in all industries will experience the effects in far-reaching and transformational ways. By continuing to use this site, or by clicking “I agree,” you consent to the use of cookies. Organizational goals, then, must go beyond profitability to include the subjective aspects of corporate responsibility across the value chain.

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Successful players will replace their aging fleets with new, fuel-efficient vehicles to comply with regulatory requirements and to lower operating costs. Detailed information on the use of cookies is provided in our Privacy Policy. Teamwork, decision making, communication, and the ability to plan, organize, and prioritize work are at the top of the list of soft skills sought by employers.

The skills and capabilities businesses require are rapidly evolving. Road transport companies should also consider designing a last-mile fulfillment strategy to capture opportunities at the intersection of urbanization and e-commerce over the long term. Companies will develop a more fluid sense of what is inside and what is outside their boundaries. Over time, the model was scaled up and rolled out across the organization.

Multiculturalism, racial and ethnic diversity, gender equality, value pluralism, and equitable economic development.

Megatrends in Higher Education

These demographic shifts will put pressure on companies to devise entirely new ways to attract, retain, and develop talent across locations and age groups. As small e-commerce players proliferate, there will be greater demand for fulfillment offerings, such as product distribution, reverse logistics that is, megatrehds returned products back to the sellerand value-added services for example, repackaging and payment processing. The three trends in the realm of technological and digital productivity are arguably creating the most significant changes worldwide.

Competitive cost bases and aggressive expansion plans will be essential for success in this effort. Those that start preparing for change today. In future publications in the New New Way of Working series, we will discuss the implications of these trends in more detail as we explore the following topics:. Changing Megatrens Cultures and Values As the skill shortage increases, new attitudes among talented people are also changing the workplace—in particular, the growing preference for independent work instead of dedicated corporate careers.

As consumers increasingly buy products through ubiquitous offerings on the web, the flow of goods through the transport network has already become more complex.