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Global Forces & Trends

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Global Forces &

Trends

Week 4 Day 1

(2)

Project update

◦ Review of what sections each team member is responsible for.

◦ Discuss what progress has been made.

◦ Set plan of action with dates for completion.

◦ Ask questions.

Homework update

◦ Reminder of who was doing what.

◦ Ask questions.

Team Meeting –Get Back On

Track

(3)

The world’s population is projected to reach 9.2 billion by 2050.

Average annual growth peaked at 2.19% in 1963 and has fallen steadily since.

Projections are that annual growth will fall below 1% by 2016 and below 0.5% by 2047.

Trend analysis: Population

Growth

(4)

The greatest fertility is found in those

countries least able to support their existing populations:

Projections for 2000 to 2050:

◦ Palestinian Territory 217%

◦ Niger 205%

◦ Yemen 168%

◦ Angola 162%

◦ Democratic Republic of Congo 161%

◦ Uganda 133%

Trend analysis: Population

Growth

(5)

Many industrialized countries will see fertility rates below replacement level.

◦ This means that the population of developed nations will fall from 14% of the total world population in 2000 to 10% in 2050.

Trend analysis: Population

Growth

(6)

By 2015, the workforce in Japan and much of Europe will be shrinking by 1% per year.

By the 2030’s, it will contract by 1.5%

annually.

Trend analysis: Population

Growth

(7)

Rapid population growth in the United States compared with its industrialized competitors will reinforce American

domination of the global economy, as

European Union falls to third place behind the U.S. and China.

Impact analysis: Population

Growth

(8)

To meet human nutritional needs over the next 40 years, global agriculture will have to supply as much food as has been

produced during all of history.

Impact analysis: Population

Growth

(9)

Unless the fertility rates in the industrialized nations climb dramatically:

◦ Retirees will have to remain on the job, or

◦ the nations will need to encourage even more immigration from the developing world; or

◦ have a sharp economic contraction and lower living standards.

Impact analysis: Population

Growth

(10)

One alternative to the continued

employment of elderly population and the encouragement of immigration; is the

automation of service jobs as well as manufacturing.

◦ This would require the development of a means other then wages to distribute wealth and to

provide a living income and fulfilling occupation for workers and would-be workers displaced by machines & software.

Impact analysis: Population

Growth

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Barring strict immigration controls, rapid migration will continue from the Southern hemisphere to the North, (especially from former colonies to Europe).

Impact analysis: Population

Growth

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How could this trend of population growth impact your project company? (Not just more customers, it really doesn’t work that way.)

What actions could your company take to address this trend?

What actions should federal governments take to address this trend?

◦ EU?

◦ US?

◦ Kosova?

Team discussion

(Each team select spokesperson to report discussion results)

(13)

Teams report the results of their

discussion

(14)

Migration is mixing disparate peoples and forcing them in ways to coexist peacefully.

Diversity of cultures will continue to grow, both internationally and intra-nationally, throughout much of the world.

Trend Analysis:

Growing Acceptance of Diversity

(15)

The internet and other technologies

promote long-distance communication and build links between distant people who in the past would not have had the ability to interact on a regular basis.

Mass media including television, radio,

films, interactive games and music promote common themes, common language and

cultural reference points.

Trend Analysis:

Growing Acceptance of Diversity

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The globalization of business is having a similar impact.

Intermarriage also continues to mix cultures geographically, ethnically, socially, and

economically.

Minorities are beginning to exert more influence over national agendas.

Trend Analysis:

Growing Acceptance of Diversity

(17)

Some countries have had powerful reactions against these changes:

◦ Growth of German neo-Nazi movement after unification in 1992.

◦ American hostility toward undocumented immigrants has influenced public policy/immigration law.

◦ Japan has chosen to develop robotic technologies for industry and the home, rather than opening its

society to immigration and foreign influence.

Trend Analysis:

Growing Acceptance of Diversity

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Local conflicts will continue to erupt.

Companies will be expected to adapt their values & needs.

Public schools will need to find more effective ways to educate the future workforce.

Trend Implications:

Growing Acceptance of Diversity

(19)

Project question:

◦ What diversity initiatives does your selected

company have related to diversity? (They are all global companies, so there should be some.)

Growing Acceptance of

Diversity

(20)

Decision Process Worksheet

. Introduction & Review of the

form.

(21)

Problem statement: I need to purchase land to someday build a house on.

I have narrowed my selection down to five

properties. (Land 1, land 2, land 3, land 4, & land 5)

Considerations that are important to me include:

 Price, location, amount of land, water frontage, water view, road frontage, woods, distance to neighbors, distance to work, distance to shopping, distance to relatives, noise, public water, school district, distance to school, taxes, contour of the land, neighbors, road traffic, projected resale value.

Decision Making

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Identify problem.

Brainstorm potential solutions and write them down.

Identify five most feasible solutions.

(Write

these Alternatives across the top of columns.)

Identify factors that will influence the decision.

(Write them in the column under

“Considerations”.)

Directions for Decision Process

Worksheet

(23)

Attendance

(24)

Team Exercise

Decision Worksheet

(25)

Receive problem statement.

Complete Decision Process Worksheet.

Be prepared to talk about it.

Be prepared to hand it in with names printed on it.

Sign attendance sheet.

Decision Process Worksheet

Team Exercise

(26)

Identify problem.

Brainstorm potential solutions and write them down. (for this learning exercise, the solutions are provided).

Identify five most feasible solutions.

(Write these Alternatives across the top of columns.)

Identify factors that will influence the decision.

(Write them in the column under “Considerations”.)

Directions for Decision Process

Worksheet

(27)

Identify the consideration rating of each item in the “consideration” column. List it in the CR

column.

Assign an “Alternative Weighting” number to each consideration under each Alternative.

(How well does this solution meet the associated consideration?)

Place Alternative Weighting in left column under each Alternative.

Directions for Decision Process

Worksheet continued

(28)

Multiply “Consideration Rating” (CR) by the

“Alternative Weighting” for each alternative.

Write the product of these two numbers in the right column under each alternative.

Complete the whole worksheet using this process.

Total the right column under each alternative (add (+) them from top to bottom). Write the total for each (right) column.

Directions for Decision Process

Worksheet continued

(29)

This is one tool.

◦ May work for some decisions, not all decisions.

Good tool for creating team consensus or generating valuable discussion around an existing problem.

May help to identify considerations that you had not anticipated.

Decision Process

Worksheet

(30)

The process is only as good as the

information that you enter into the form.

Decision Process

Worksheet

(31)

Read “Disruptive Technologies: Catching the Wave” (Posted in the content section of the online course).

Remember: Homework assignment due in next class.

Assignment

References

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