MegaTrends The Major Directions Transforming Our Lives Enterprise Integration Megatrends - 1 What is a MegaTrend A megatrend is a major restructuring, a larger pattern of broad trends that is reshaping and transforming our lives. In manufacturing, megatrends are reshaping the nature of competition, both domestically and internationally. The term megatrend was popularized by John Naisbitt in his 1982 book by the same name. Enterprise Integration Megatrends - 2 Some Comments by Naisbitt The most reliable way to anticipate the future is to understand the present Trends are bottom up, fads are top down America is a bottom up society almost nothing starts in New York or Washington DC Enterprise Integration Megatrends - 3 More Comments by Naisbitt Individuals and society operate as closed systems there is a finite capacity new concerns force out old concerns megatrends are about concerns and patterns of concern that persist over time Trends, like horses, are easier to ride in the direction they are already going Enterprise Integration Megatrends - 4 The Original Megatrends (1982) from an Industrial Society to an Information Society from Forced Technology to High Tech / High Touch from a National Economy to a World Economy from Short Term to Long Term from Centralization to Decentralization Enterprise Integration Megatrends - 5 The Original Megatrends (1982) from Institutional Help to Self Help from Representative Democracy to Participatory Democracy from Hierarchies to Networking from North to South from Either/Or to Multiple Option Enterprise Integration Megatrends - 6 Megatrends 2000 (1990) with Patricia Aburdene the Booming Global Economy global economic boom prompted by the information economy, freer trade, and a government bias towards economic expansion over political ideology Renaissance in the Arts rapid growth in participation in the fine and finer arts Enterprise Integration Megatrends - 7 Megatrends 2000 (1990) with Patricia Aburdene the Emergence of Free-Market Socialism the emergence of free markets in socialist economies Global Lifestyles and Cultural Nationalism increasing similarities in global lifestyles with increased cultural nationalism Enterprise Integration Megatrends - 8 Megatrends 2000 (1990) with Patricia Aburdene the privatization of the welfare state in the western democracies the Privatization of the Welfare State Rise of the Pacific Rim economic and cultural influence of Pacific Rim countries and California greatly expand Enterprise Integration Megatrends - 9 Megatrends 2000 (1990) with Patricia Aburdene the Rise of Women in Leadership women become much more important in leadership roles the Age of Biology biotechnology makes great progress and raises major ethical issues, while biology becomes a more common metaphor Enterprise Integration Megatrends - 10 Megatrends 2000 (1990) with Patricia Aburdene Religious religious revival led by fundamentalism and the desire for deep, personal experience. Triumph Revival of the Individual triumph of the individual in becoming free of institutional constraints to become more in charge of one's own destiny Enterprise Integration Megatrends - 11