What are the really big forces driving change?

In their day to day lives Operations Managers focus on lots of short term issues, typically in the context of an annual budget and a strategy for the next two to three years.  But sometimes it is useful to stand back and consider the really big picture stretching out further into the future – say the next 50 years.  This what Dobbs et al’s article in the McKinsey Quarterly does.

They begin by going back 50 years to see what major trends might have been forecast then.  They identify three – computing power and I.T. systems, shift of economic gravity from West to East, and the baby boomer generation.  They go on to discuss what they think will have major influences on business, economies and society in general over the next fifty years.  Again they identify three – emerging markets growth, disruptive technology, and ageing population.    These are reviewed in some detail.

This entry was posted in Chap 01 Introduction, Operations Management and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.