Toyota Kata Coaching for Agile Teams & Transformations
Future scan 2020 & beyond
1. Future Scan
2020 and beyond
Geethaa George
Business
Leaders
Consulting
Firms
Academic
institutions
Secondary
Data
Research Reports & White
papers : WEF data etc
Content build from
contribution by
several..
2. Contents
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4
8
14
18
22
24
26
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A look into the Mega Trends
Zoom into those that impact work
Digital Revolution
Shifting World Order
Diversity
Leadership
Glimpses of the world of work in 2020
The Leadership Landscape
Critical Competencies for Success
in the new world
3. World Economic Forum Report on Global Risk Report 2017
Economic Risks
u
Environmental
Risks
u
Geopoli3cal
Risks
u
Societal Risks
u
Technological
Risks
u
Risks
u uu
Number and strength
of connec2ons
(*weighted degree*)
Trends
Number and strength
of connec2ons
(*weighted degree*) 2 Future Scan - 2020 and beyond
4. Big shifts that impact Business globally
4 Future Scan - 2020 and beyond
5. Big shifts that will impact Businesses in the short term
Technology
Led
Transforma3on
Business
Model
Nature
of work
AI
changing the
way we live
Job
losses
Responsible
leadership
Inclusion
Social
Impact
Fairer
distribu2on
of wealth
Environment
Geopoli3cal
Instability
disparity of
income
Mega
Corpora2ons
Protec2onism
3Future Scan - 2020 and beyond
Diversity
Unstoppable!
Regulatory
changes
Par2cipa2on
of women
Diversity
Unstoppable!
Ageing
Workforce
Gender Millennial
8. Protectionism: Deglobalisation ?
• Brexit and set for a rocky divorce in the next 3 years
• French & German elections raising questions on
economic policies of two worlds largest economies
• Leanings of the new government in the US
Withdrawal from TPP
Renegotiations over NAFTA with Mexico & Canada
Rising noise on emigration laws
• Disturbance in the Middle east and continuing instability
in Syria
• China Plexing its muscles in the East When the world’s large economies debate protectionism, I think
it doesn’t all go well for the world,” Arun Jaitley.
7 Future Scan - 2020 and beyond
9. Rising of Mega Corporations
• Omnipresent entities
• Impacts the daily life of a large population across the
globe
• Political – can impact policy making and is a strong
voice that cant be ignored
• Social – Will be held responsible to bring about social
change and impact health , education , equality , quality
of life etc.
• Environmental – Will be held accountable for their
impact on the climate and sustainability
8Future Scan - 2020 and beyond
10. Disparity of Income
• World’s richest 1% to hold half of worlds wealth by
2018
• Two types of Global inequality
1. Rising gaps between nations (causing migration)
2. Rising inequalities within nations (causing protests,
disenchantment and revolts).
Chart 1: HIGHLY UNEQUAL INDIA
Net Gini index
Korea Philippines
Nepal
Vietnam Bangladesh Papua New
Guinea
Japan Indonesia India China
60
50
40
30
20
10
0
1990 2013 (or Latest
Top 10 Billionaires versus World Gross Domestic Product, 2016
Top Ten Forbes’ Billionaires
Nigeria
Belgium
Iran
Norway
Thailand
Austria
United Arab Emirates
South Africa
Colombia
$505 Billion
$484.9
Billion
$473.5
Billion$416.2
Billion
$394.8
Billion
$393 Billion
$386.2
Billion
$356.2
Billion
$326.5
Billion
$263.5 Billionz
9 Future Scan - 2020 and beyond
14. Artificial Intelligence
14Future Scan - 2020 and beyond
• Automation have thus far impacted blue-collar
employment; the coming wave of innovation threatens
to upend white-collar work in a big way
• Certain highly-skilled workers will succeed wildly in
this new environment. But far more may be displaced
into lower paying service industry jobs at best, or
permanent unemployment at worst.
• Educational system is not adequately preparing us for
real employment of the future
19. GIG Economy
• 50% of US workforce to participate
in some form of independent work
by 2020
• Half of the United Kingdom’s
working population will be self-
employed in the next Pive years
• India’s independent workforce, the
second largest in the world Pills
about 40 percent of the world’s
freelance jobs
• Currently employees experience
6-7 jobs in their career term. In the
near future they will be doing
6-7 jobs at the same time
20Future Scan - 2020 and beyond
29. Evolved Leadership Qualities 2017-20 & beyond
What it means - Ability to
anticipate and respond with
speed ; Creative thought :
High initiative : Continuous
learning
What it takes – Learning ;
energy ; creativity ; solution
mindset ; Courage : InPluence
Agility
32Future Scan - 2020 and beyond
CENTREDNESS / MINDFULNESS
30. Evolved Leadership Qualities 2017-20 & beyond
What it means - Ability to
lead without formal authority.
Impact outcome without
formal power
What it takes - Authenticity :
Credibility : Competence :
Trust : Relationship : Visibility
Influence
SELF AWARENSS : MINDFULNESS : CENTREDNESS
32Future Scan - 2020 and beyond
31. Evolved Leader Qualities 2017-20 & beyond
What it means –
Ability to risk : Manage feeling
of insecurity and fear: Quest to
Create : Spot Talent :Build
Capable Teams
What it takes –
Courage : Conviction : Growth
Mindset: Creativity :
Resilience : Ambition : Talent
spotting
Entrepreneurial
34Future Scan - 2020 and beyond
CENTREDNESS / MINDFULNESS
32. Evolved Leader Qualities 2017-20 & beyond
What it means –
Understand and fully
appreciate the power of
Technology and be able to
rethink business processes
What it takes –
Learning agility :
appreciation of technology
and its possibilities :
Curiosity : Change agility
Digital Mindset
34Future Scan - 2020 and beyond
CENTREDNESS / MINDFULNESS
33. Evolved Leader Qualities 2017-20 & beyond
What it means
Being adaptable to larger
environmental changes : Zoom in
and Zoom out on the problem :
Breaking Silos / multidisciplinary
team: co design with communities
What it takes
Change agility : Perspective :
Objectively : Collaboration :
Creativity :
Design Thinking
34Future Scan - 2020 and beyond
CENTREDNESS / MINDFULNESS
Eagle- a design marvel !
34. Evolved Leader Qualities 2017-20 & beyond
What it means - Ability to
conPluence for higher purpose :
Proactive engagement in larger
interest : Build and maintain
coalitions at work
What it takes - Interpersonal
sensitivity : join the dots : Ability
to see the big picture : Ability to
work well with people
Collaboration
33Future Scan - 2020 and beyond
CENTREDNESS / MINDFULNESS