global corporations new & emerging challenges: challenges & disruption in asia
TRANSCRIPT
World Future 2015 - July 2015
Challenges & Disruption in Asia
Global Corporations New & Emerging Challenges
World Future Conference San Francisco - 26 July 2015
Christopher H. Cordey CRO - futuratinow.com
Anticipation| Disruption | Relevance
Geneva | Switzerland
@futuratinow
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Welcome to a « Post Everything World »
employment
money
privacy
trust
carbon
9/11
car
democracy
capitalism
oil
human
bank
scarcity
certainty
freedom POST
Nation states
etc
World Future 2015 - July 2015
growth
consumption
knowldege
planning
Knowledge society G-Zero VUCA
Freemium Wealth inequalities
Uberisation Wearabilization
etc
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Corporate wars (Disruptive Tech Corporations
vs the rest of the World) Blockchain Technology (Decentralised
Autonomus Organisation) AI, AGI, ASI
Biomanufacturing & 4D printing Quantum computer
Post-consumption era Analogue Hermitism
Wealth & Cognitive Inequalities Leaderless Corporation
Hybrid workforce Resources Management (H-, H, H+ & Machine)
RMB century etc
Some emerging challenges for Global Corporations
World Future 2015 - July 2015
World Future 2015 - July 2015
Asia : dominant narrative
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• More than half of the planet lives in
Asia.
• 40 % Worldwide GDP
• 3 of the 10 largest nations in the world
are in Asia Pacific,
• Increasingly important role (global
economy, international security, and
human development, etc)
• Great contribution to global economic
recovery & poverty alleviation
• Glittering cities and bustling ports
• AEC : Asean Economic Community
(600 millions consumer market)
Asian transition to a “Consumption Powerhouse” will perpetuate the “Asian economic miracle”
Image >: ILL
World Future 2015 - July 2015
Asia : emerging narrative
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Asia economic success obscures the critical issues and challenges
affecting this region.
•Lack of transparency and accountability in government; •Persistent poverty and rising income inequality; •Exclusion of women from political and economic life; •Ethnic and religious conflicts; •Access to justice and human rights; and •Disaster management, climate change, and water resource management.
What if critical issues left unaddressed ?
Any “new role” for the global corporations ?
Asia Foundation - 2014
World Future 2015 - July 2015
• Border Disputes • Rising Nationalism • Rising fundamentalism • Cyber-Security • Governance • Nuclear threats • Food insecurity • Natural disaster & climate change • Water security • Rising middle class demand • Youth & Technological
unemployment
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Asia : daunting challenges
Persistent poverty, growing income
inequality, widespread corruption,
gender discrimination, environmental
threats, and deadly religious and
ethnic conflicts.
Asia Foundation - 2014
World Future 2015 - July 2015
Asia : youth unemployment
• Asian youth population • 19 % of region’s population • 750 millions young aged 15-24 y.o • 11 % : Youth unemployment is
double the rate of working population
• Growing skills mismatch & over-education
• Working poverty is critical • 30-75 % of young unemployed for
more than one year • 25 % of young Filipinos NEET*
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Source : Youth in Asia & Pacific, Undesa, 2014
China
NEET: Not In Education, employment or training
World Future 2015 - July 2015
Asia : demanding middle class
• Middle Class (by 2030) - 4 billions
• 64 % of world middle class • 59 % of middle class consumption
• Educated, Assertive, Urban, Tech savv, Cognitively enhanced,
• Growing POWER • Growing EXPECTATIONS
• Quality of life • Governance • Housing • Education • Health care • Transportation • Food, air, water security
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Source : Weforum.
Growing pressure on Government, Natural ressources, infrastructure, etc
World Future 2015 - July 2015
Asia : barriers to development
• Different stages of development (South Asia vs South-East Asia)
• Different Consumer preferences
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Not Significant
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How to keep their license to operate
in contributing to address, with the plural sector, the daunting challenges of poverty alleviation, income disparities, gender discrimination,
widespread corruption and environmental threats ?
Asia : implications for Global Corporations
How to contribute to enable the growing
Unemployed Young Asian population to enter the future POST JOB labour market ?
How to meet the needs of a poorer, cognitively enhanced & demanding growing middle class
enjoying different taste and consumption preferences living in countries at different stage of their economic
and social development ?
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World Future 2015 - July 2015
World Future 2015 - July 2015
Insights for Global Corporations
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Possible Path of development Economic stagnation, social unrest
and political instability. •Address proactively, with the plural sector, the critical issues
faced in some Asian countries (People-Planet-Prosperity) •Develop deeper “collaboration” with the unemployed
heterogeneous young Asian population. •Monitor impact of technology on Asian social fabrics & values,
post job labour market, current & future workforce. •Recalibrate strategy to grasp growth opportunities in Vietnam,
Thailand and Myanmar. •Prepare for a widening use of RMB in trade & commerce •And…
futuratinow.com
Geneva | Switzerland
@futuratinow
Relevance
Disruption
Anticipation