Drivers of Change
Every organisation must understand what is driving their change in their organisation. A firm grasp of which issues and trends are likely to have the biggest impact on the way an organisation does business can help that organisation to create better investment strategies, develop new products, identify emerging opportunities and come up with more robust plans for the future and prepare for business change management.
Business Change Management
Without knowledge of how an industry could develop, organisations will find themselves left behind, unable to cope with the pace of change, but with properly develop strategic plans; they can stay one-step-ahead of their competitors and be ready for change.
The drivers of change for each organisation are different, they may be large global forces or smaller, but no less significant, internal drivers. Futurist has developed the following list of drivers to demonstrate what a driver looks like and how they develop over time. The drivers provided are some of the major trends which Futurist believes will determine the shape of the UK economy in the long term. To find out more about each driver simply click on the relevant title link.
| Consumer Preferences |
The way the average consumer searches for and buys products is changing, as are their tastes, how will this change the way you sell your products? |
| Demographics | The population is getting older and immigration is increasing, does this poses a threat to your organisation, or is it an opportunity |
| Digital Media | Young people communicate in a much different way to previous generations, how do you build and protect your own virtual presence? |
| Environment | Global warming are high on the agenda and people appear to be more aware of the impact their actions and their purchase have on the environment, what is the impact of your organisations carbon footprint? |
| Financial Markets | Markets are increasingly volatile and credit is tight, will this have an impact on your customers or even your own investment strategies? |
| Globalisation | The global economy is expanding but the cultural gaps are closing, is your organisation positioned to compete in a global marketplace? |
| High Growth Sectors | The future of the UK will be defined by its success in the major global high growth sectors, are there opportunities for your organisation is these areas? |
| Lifestyles | The way people live their lives is changing, major life decisions are being delayed and individuals and families are increasingly transient, how do you deal with employees who view the world in this way? |
| Manufacturing | Although the UK dominance of low cost manufacturing appears to be gone, there are still significant opportunities in the high value added manufacturing sector, how well positioned is your organisation to take advantage of this change? |
For more information about any of the drivers mentioned on this page, or to find out what is driving change in your organsiation, please contact us using our contact form, call us on 0191 640 2505 or email us at enquiries@futurist.uk.com or silimilarly if you are looking for North East Business Research or North East Business Statistics please get in touch.