trendsurfing: catching the waves of the future

36
Trendsurfing: Catching the Waves of the Future Lee Cowherd, SPHR

Upload: lcowherd

Post on 12-Nov-2014

333 views

Category:

Business


1 download

DESCRIPTION

How to identify key technology, demographic, social and business trends, and how use them to prepare for the future. Presented by Lee Cowherd

TRANSCRIPT

Page 1: TrendSurfing: Catching the Waves of the Future

Trendsurfing:Catching the Waves of the Future

Lee Cowherd, SPHR

Page 2: TrendSurfing: Catching the Waves of the Future

Where Were You in ’92?

Page 3: TrendSurfing: Catching the Waves of the Future
Page 4: TrendSurfing: Catching the Waves of the Future

Key Trend “Currents”

– Technology– Demographics– Culture/Global– Workplace– Industry– Profession

Page 5: TrendSurfing: Catching the Waves of the Future

Technology Waves

Page 6: TrendSurfing: Catching the Waves of the Future

Technology Waves

Convergence– Computers will disappear– Internet/Phone/Computer– Undermining old technology

Page 7: TrendSurfing: Catching the Waves of the Future

Technology Waves

NetWorld– Where everybody knows

your name (and almost everything else!)

– Cloud computing– Internet of things

Page 8: TrendSurfing: Catching the Waves of the Future

Demographic Waves

Page 9: TrendSurfing: Catching the Waves of the Future

Demographic Waves

The Graying of America– US population 2010 = 300 million– US population 2020 = 325 million

8% increase

– US population 65+ 2010 = 40 million– US population 65+ 2020 = 54 million

35% increase

Page 10: TrendSurfing: Catching the Waves of the Future

Demographic Waves

The Graying of America– Septuagenarian population

explosion– Squaring the age pyramid

Page 11: TrendSurfing: Catching the Waves of the Future

Mexico 2010

Page 12: TrendSurfing: Catching the Waves of the Future

Canada 2010

Page 13: TrendSurfing: Catching the Waves of the Future

1980

Page 14: TrendSurfing: Catching the Waves of the Future

2000

Page 15: TrendSurfing: Catching the Waves of the Future

2010

Page 16: TrendSurfing: Catching the Waves of the Future

2030

Page 17: TrendSurfing: Catching the Waves of the Future

2050

Page 18: TrendSurfing: Catching the Waves of the Future

Demographic Waves

A Nation of Immigrants– Asian and Hispanic

populations are projected to more than double by 2050

– Non-Hispanic White population is projected to decline 6%

Page 19: TrendSurfing: Catching the Waves of the Future

Culture Waves

Page 20: TrendSurfing: Catching the Waves of the Future

Culture Waves

Global vs. Tribal– Globalization of culture– Individuals seek identity in

“tribes” – social, cultural, ethnic, religious, virtual

Page 21: TrendSurfing: Catching the Waves of the Future

Culture Waves

It Isn’t Easy Being Green– Peak oil– “Green Collar” jobs– Conspicuous frugality

Page 22: TrendSurfing: Catching the Waves of the Future

Workplace Waves

Page 23: TrendSurfing: Catching the Waves of the Future

Workplace Waves

Will you Boomers please retire?– Where have all the dollars

gone?– Social (In)-Security– The new old– Seniority squeeze

Page 24: TrendSurfing: Catching the Waves of the Future

Workplace Waves

Workplace Yoga– How flexible can you be?– “Work is not a place you go,

it’s something you do.”– Millies & Boomers – There’s an app for that

Page 25: TrendSurfing: Catching the Waves of the Future

Workplace Waves

Employees or contractors?– Want benefits with that?– Life in the projects– Me, Inc.

Page 26: TrendSurfing: Catching the Waves of the Future

Riding the Waves

Page 27: TrendSurfing: Catching the Waves of the Future

Riding the Waves

Identify certain or near-certain trends– Demography is Destiny– “You canna change the laws

of economics!”– You have to pay your bills

Page 28: TrendSurfing: Catching the Waves of the Future

Riding the Waves

Hindsight is 20/20 (with the right lenses)– When were conditions

similar to today?– If they knew then what we

know now…– What’s different now?

Page 29: TrendSurfing: Catching the Waves of the Future

Riding the Waves

Beware of linear projections– The future will be just like

today, only more of it.– Look for “trend-benders” and

“game-changers”

Page 30: TrendSurfing: Catching the Waves of the Future

Riding the Waves

Ask “What if…”– …this trend continues?– …this potential event

occurs?– …this highly unlikely event

occurs?

Page 31: TrendSurfing: Catching the Waves of the Future

Riding the Waves

Experiment with the future– If – and – and – then – so – But . . .

Page 32: TrendSurfing: Catching the Waves of the Future

Riding the Waves

Preparation vs. Prediction– Packing your bags– Build “robust” strategies– Continually monitor trends

Page 33: TrendSurfing: Catching the Waves of the Future
Page 34: TrendSurfing: Catching the Waves of the Future

Resources• US Census Bureau

www.census.gov• US Dept. of Labor

www.dol.gov• Pew Research

pewresearch.org• Kentucky State Data Center

ksdc.louisville.edu• SHRM

www.shrm.org

• Workforce.comwww.workforce.com

• Harvard Business Reviewhbr.org

• Wired.comwww.wired.com

• UK iWinwww.uky.edu/Centers/iwin

• Newsmagazines• Newspapers• Blogs

Page 35: TrendSurfing: Catching the Waves of the Future

Join the Conversation

http://trendsurferblog.com

Page 36: TrendSurfing: Catching the Waves of the Future

Trendsurfing:Catching the Waves of the Future

Lee Cowherd, SPHR