The New Normal: A Strategic Context for Minitrends
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Presented by John Vanston and Carrie Vanston The world is constantly changing and you must keep moving forward to remain relevant and profit in your area or areas of interest. During this inspiring program, world-renowned Futurist David Pearce Snyder describes this changing world and the forces driving it. He helps you see the future through a matrix of many emerging trends – minitrends – that reflect the macro-changes that you must anticipate to be successful as the future unfolds. Futurist Dr. John Vanston and Carrie Vanston, authors of the award-winning book MINITRENDS, will provide seven ways for you to find, analyze, and profit from important minitrends. The MiniTrends Mindset offers huge opportunities to those alert enough to identify them, perceptive enough to realize their importance, and adept enough to take advantage of them.
Transcript of The New Normal: A Strategic Context for Minitrends
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BLAME IT ON THE WEB !
THE BROADBAND INTERNET has accelerated
two long-standing workplace trends:
• global economic integration (Y2K)
• information automation (“infomation”)
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debt, deleveraging & AUSTERITY
Asset Bubbles and Their Economic Consequences
A 2010 McKinsey Global Institute analysis of 45 historicepisodes during which 10 developed nations and 4 developing nations significantly reduced their total debt-to-GDP ratios since 1930, found:
• long periods of deleveraging nearly always follow major financial crises;
• deleveraging lasts 6 or 7 years, on average, during which
• public & private sector debt are typically reduced by 1/3, while employment contracts & stagnates. http://www.mckinsey.com/mgi/publications/debt_and_deleveraging
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We have entered a new era. . . .
a "post-Industrial” age. But, because we do not yet know how today's multiple rapid changes will ultimately work out, the chattering classes have agreed to call it "The New Normal" for the time being.
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So, Welcome to THE NEW NORMAL, where
• Society will be older (with fewer young adults):
• most individuals and institutions will have to live/operate within more limited means;
• technology will pervade every aspect of daily life and change how we all work and play;
• and where accelerating innovation and change will produce growing numbers of unintended consequences.
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