- Every business will be a digital business and there are essential technologies that will drive digital business transformation.
- We are getting older by 30 years compared to 100 years ago.
- We will be automating more of our life and expanding our personas in the digital economy.
- Five global megatrends shaping the future
- For more insights on the five global megatrends, I highly encourage you watch our video conversation and to follow Quindazzi on Twitter – he is a fantastic and prolific social thought leader.
According to PwC, there are five global shifts reshaping the world and their implications for organizations, industries and wider society will be signifi…
@ValaAfshar: 8 disruptive #tech:
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Quindazzi has led teams and global companies on strategy and transformational initiatives. As management consultant he was responsible for growing a $680 million multi-sector practice. Quindazzi’s research and consultancy focus areas include identification and growth of competitive advantage through global expansion, accelerating digital technologies, improving customer experience (CX), transforming organizations, or implementing complex systems.
Quindazzi describes history of the first, second and third industrial revolutions and its impact on shifting demographics, new technologies, growing economics, population shifts, changing workforce dynamics, the information age, lean production and the digital age. Quindazzi speaks to historic growth trajectories, referencing UK’s ability to double their GDP in 100 years, the US in 50 years and China in 15 years.
Big change in people: In the fourth industrial age, there is a big change in people and demographics. According to Quindazzi, there are more of us, we are having less children, and we are getting older. We are getting older by 30 years compared to 100 years ago. In fact, in you were born in 2017 versus 2016, you will live 10 weeks longer.
Rapid rise of people moving to cities: 1.5 million people are added to cities every week. The energy requirement per person a few hundred years ago was 2,000 calories per day. Today, the energy consumption and requirement is 100X in the middle class in urban cities.
Quindazzi also discussed the upcoming Davos conference and the theme of responsive and responsible leadership. Digital transformation is accelerating at unprecedented rates. Quindazzi points the evolution of mobile apps. In the past, if you wanted to do something you downloaded an app. In 2017 and moving forward, we will expect mobile apps to do the work for us. We will be automating more of our life and expanding our personas in the digital economy.
Quindazzi spoke about the G7 and E7 countries comparisons, stating that the E7 countries are now half the size of the G7. But by 2050, the E7 will be double the size of the G7. He also shared key demographic shifts with number of college graduates and population age – for the first time ever, there are more people at 65 years or older than 5 years old or younger – will dramatically change in the near future. Quindazzi also spoke about the relevance and importance of artificial intelligence and smart applications.