Global economy Archives - Page 11 of 19

Interactive scenarios for 2030: provocation for long-term strategy

Last year I kicked off a strategy session of a major infrastructure company with a presentation to the executive team on the world in 2030. This used a set of four scenarios to provoke new thinking about the world moving forward.

I wrote about these in The World in 2030: Four scenarios for long-term planning and strategy, providing some of the background to the scenarios and presentation.

We’ve now created a flash piece to make it easier to navigate and interact with the scenarios. Please play with the interactive piece.

7:30 Report: the social impact of the population boom and Australia’s future

By Ross Dawson

Last week the ABC’s 7:30 Report spent the entire week looking at the drivers of Australia’s long-term future. The fourth program, on The social impact of the population boom, was an excellent examination of the diverse issues and perspectives on the implications of rapid population growth, including interviews with a diverse range of politicians, demographers, analysts, and myself as the lone futurist.

It’s well worth seeing the video of the full program along with the transcript on the ABC’s website. A video of the program’s introduction and excerpts from my comments are below.

The program examined Australia’s demographic and social future, however the issues raised are absolutely relevant in all developed countries, where low immigration inevitably means a rapidly aging population, with all of the associated challenges.

Last December I wrote about the driving trends and uncertainties in Australia’s population growth, pointing to the recent dramatic increase in the 2050 forecast for Australia’s population from 28 million to 35 million. This revised forecast had a powerful impact, resulting in heated discussion about the social, ecological, and economic implications of what would be the fastest population growth of any developed country in the world.

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Some thoughts on why Australians are #1 globally on social media usage (from a slow start)

By Ross Dawson

Well there are already plenty of opinions flying around and some excellent comments on my post yesterday Australians are #1 globally in usage of social media: Why?, which pointed to new research showing this startling result. I guess it’s time for me to offer some of my thoughts, helped along by the conversation so far. Be sure to read the insightful comments on the topic!

To my mind the question is less why Australians are such heavy users of social media, as why the uptake was so slow initially before a startling acceleration over the last couple of years. Here are a few initial thoughts.

Attitudes about the individual.

One of the most famed aspects of Australian culture is the ‘tall poppy’ syndrome (your head might get lopped off). This has tempered much over the years, but there has still been until recently a relative reticence to stand up and shout out personal opinions (with of course a number of notable exceptions). I felt this contributed to the initial slow uptake by Australians of blogging. Perhaps once enough people are expressing their views on social media, you no longer stand out by blogging and Twittering – you are in a majority and your self-expression is unleashed.

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Australians are #1 globally in usage of social media: Why?

By Ross Dawson

Some very interesting data just out from Nielsen on social media usage. The headline is that people in developed countries are spending 82% more time on social media than they were one year ago.

However the data point that struck my interest most is that…

Australia is #1 globally in usage of social media

This is a real news. For many years I was bemoaning the slow uptake of social networks in Australia. Research featured as late as our Future of Media Report 2007 showed that Australia was dramatically behind the US and UK in Facebook usage, though it was beginning to catch up on usage of MySpace usage and tools such as Photobucket.

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Top Twitter nations: USA, Singapore, Canada, Ireland, UK, New Zealand, Australia

By Ross Dawson

Software firm Sysomos has provided some more interesting research on Twitter usage.

Using this data, we have analyzed which countries use Twitter the most on a per capita basis, shown below.

I did the same analysis from Sysomos’ report in June, showing the most prominent Twitter nations on a per capita basis at the time, according to the data provided.

While the results are fairly consistent between the June 2009 and January 2010, it seems that neither set of results is complete. Norway, which ranked as the third highest per capita Twitter nation last June, had no data provided on it in this survey, while Singapore – now the second highest ranked nation – and Ireland – now ranked fourth – were not included in the June survey.

On a relative basis New Zealand has gained ground, catching up with Australia and the UK, while Germany appears to have moved ahead considerably compared to other countries such as France.

Sysomos doesn’t give details on its “proprietary” methodology for identifying the location of Twitterers, however it very interestingly says that only 0.23% of tweets are tagged with location through Twitter’s geo-location API tool. I may have a play with getting some of this data directly at some point.

Effective strategies for a rapidly changing media industry

By Ross Dawson

When I wrote my recent article Creating the Future of Media: 4 Driving Forces, 4 Strategic Issues, 4 Essential Capabilities for Media Titles magazine, they kindly offered Future Exploration Network a full page ad in the magazine.

The ad provides a nice overview of our current work with media organizations that are having to develop and implement strategies on the fly as the industry landscape shifts.

Click on the ad image for a larger version, or the key offerings are described below. If you’re interested in finding out more, some of the strategy tools we think are particularly useful in the current environment are described in our Future of Media: Strategy Tools framework.

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The top 10 trends for the 2010s: the most exciting decade in human history

By Ross Dawson

In his excellent book The Meaning of the 21st Century, James Martin asks when in human history you would most like to be alive.

For me there is no question that it is now. The coming decade will be the most exciting in human history. The very challenging year of 2009 that we are preparing to bid farewell to helped to tear up the fairly linear progress of the first decade of the century. Now, technological and social change are poised to accelerate far beyond what we have become accustomed to.

A critical uncertainty is how well we will respond to this extraordinary pace of change, both as individuals and as societies. Will we be able to adapt and change, or will severe dysfunctions emerge? Just one dimension is the manifold ethical dilemmas that are raised by gaining extraordinary technological capabilities.

Here are the ten trends that I believe will be most fundamental to the decade ahead. I hope to present these and associated trends in an interactive visual format before long. For now, here are the 10 trends for 2010.

1. Information Intensity

We will soon consume more media than there are waking hours, by virtue of multi-channeling at most times. Billions of people and places will be media producers, including video streaming from most points of view on the world. We are just at the dawn of an incomprehensible daily onslaught of news and information – some valuable, much useless.

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The 10 TENsions That Will Define 2010

By Ross Dawson

To anticipate what will shape 2010, we need to understand the TENsions that will define the opening year of the TENsions decade. The TENsions that are most prominent will evolve during the course of the decade. However the accelerating pace of change means that TENsions will inevitably define the decade, in myriad forms.

These are the 10 TENsions for 2010, the opening year of the TENsions.

1. Optimism – Fear

Many companies and workers are now daring to be optimistic as they put 2009 behind them, look forward to opportunities, and worry about getting left behind if things improve rapidly. Yet with the shock of the onset of the financial crisis still fresh, any optimism is subject to being shattered, resulting in wild swings in confidence.

2. Institutional work – Independent work

While many lost their jobs in 2009, sparking a rise in home-based work such as direct selling, many others gave up self-employment to return to the workforce. Over the long term more people are making the shift to work independently, by desire or necessity. However the temptations of self-employment can be replaced by desire for a steady pay packet, pulling people both ways.

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Leadership event: How fast will Australia’s population grow? Examining the uncertainties in demographic forecasts

By Ross Dawson

This morning I gave the opening keynote at an internal leadership conference of a major Australian retailer, addressing the topic of Embracing the Future.

One of the key issues for the long-term planning of any large organization is the basic demography of the country. While I spent much of my presentation looking at social change, I started by looking at the state of population forecasts for Australia.

A few months ago Australia’s Treasury department foreshadowed the release of the third Intergenerational Report, which examines the impact of population change and aging. The second report, released in 2007, forecast an Australian population of 28.5 million in 2050, however two scant years later the forecast has been revised to 35 million. This would make Australia the fastest-growing developed country in the world.

Let’s look at some of the figures and uncertainties behind these forecasts. While we often hear that “Demographics is Destiny”, in fact demographic forecasts are fraught with uncertainty.

This first image shows the earlier three population scenarios for this century from the government.

THREE POPULATION SCENARIOS FOR AUSTRALIA

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Interactive scenarios for 2030: provocation for long-term strategy

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