Updated: Nov 14
Coming off the post COVID pandemic years has accelerated the global economic shift towards eight key business metamorphosis facts across nearly every sector.
Business Automation of labor, manufacturing, finance, retail, services
Remote work changes the relationship of business to labor in paradigm shift
Cyber-attack disruptions targeting finance, energy, food, security, travel
Social unrest with technology empowering individual objectives
Climate Change impacts and Healthcare challenges as variants persist
Supply Chain automation with autonomous delivery of goods and services
Fintech opens up capital but higher cost of labor, taxes, social obligations
Ubiquitous knowledge with mobile devices and Human to AI interfaces
The eight metamorphoses require business leaders to adapt to new economic and social model concepts, while still delivering ROI and sustainable profits.
The redefining of corporate earnings and profits, balanced with social and environmental community obligations, as the business models rapidly evolve.
Individuals empowered through technology with the flexibility to pursue entrepreneurial lifestyle choices that often create multiple income streams.
New business plans benefit from more equal access to capital in Fintech with block chain financing options and crowd source funding apps. Individuals gain opportunities in affordable education, lower interest rates, better wages and job mobility. While inflation persists with higher cost of goods and services.
As global business competition accelerates, core focus on early childhood education is critical to sustaining healthy economic growth in communities.
The ability to manufacture products locally using 3D Print applications is changing the way products are manufactured, delivered and ROI cost models.
Multiple challenges arise as a result of 8 metamorphosis factors including;
Business versus individuals ability to perform task or create products
Local economic challenges with digital e-commerce greater competition
Developed countries challenged, as technology enables aspiring nationstates, writes J. Dean at SocialContentService.com
The ubiquitous ability to learn a high level skill and fulfill a professional task is transformed with the lower cost of online education and job training apps that offer open access to knowledge, also enhanced by human to AI robot machine interface with mobile device, robots and future biotechnology implant apps.
Collaboration has never been so important, both in finding new business solutions and individual lifestyle choices. Developing strong partnerships is critical to success with a well rounded balance to offering greater ownership.