Table of Contents Future Trends... Future Trends... FUTUREWISE personal and corporate survival The future will not be more of the same ... � we need to be ready The future will not be more of the same ... � THEY need to be ready Business Schools and Executive Training Centres will have to change radically F U T U R E 2000 - 2005 will see major changes in markets and competitors Mergers - take overs - job moves Leadership Changes Preparing for roles that don�t yet exist Eat or be Eaten ! Living until the next merger We say goodbye to each decade �Stuck in the 19th century� �You�re stuck in a late 20th century time-warp� Close the library ? Primary management skill = brain to e-mail at > 80 words per minute Executive Reactions - impact on executive training Struggle for Dynamic Vision Don�t believe market research Internet in Hotel Rooms 1 business year = 7 net years - Good news: making decisions at 2x normal Bad news: every step forward = 3 steps back 1 business year = 7 net years - Move at 10x normal speed to catch up Attackers and defenders (Foster) Attackers / Defenders Attackers / Defenders Attackers / Defenders �� but which are you? Setting the pace or following ? Shopping as an Experience �. Or do it all online E-commerce hard to measure AOL Christmas 1998 WorldPay - actual on-line money flow in purchases Future Trends... Future Trends... Egg totally overwhelmed Electronic Commerce Virtual Trading? - Virtual Exchange? Cyber Tax Haven Future Trends... Airline tickets - 1 million customers in first 12 months Future Trends... My son is 9 years old How many CDs would he have to sell his web page to be very HAPPY? Just one a year - wait tell he tells all his friends! �Do we HAVE to go shopping ?� �I�ll do it on the net�...� Loosing control of your future Other people can damage image Telephone Revolution More Microprocessors than People Techno -Redundancy The Network Society Larger and Faster Telecom merging ... Military Grade Security Future Trends... Future Trends... Future Trends... Future Trends... BT - Office on your body An injectable computer Net TV - 10,000 stations ... New Lecturing Technology Executives will be totally networked Save Travel Time Save Travel Time Life too short to spend in airports Travel can damage business ... There are other ways to work There are other ways to learn and change how people think 15 million in America already work from home using networks Net phones ++ Video Conference Eye to Eye Contact Video Link Own TV studio - Videoconferences Client gets global advice Travel and telephone / conferencing should be same budget - COMMUNICATION Travel and telephone / conferencing should be same budget - COMMUNICATION Travel and telephone / conferencing should be same budget - COMMUNICATION Virtual Reality Future Trends... Building sent by e-mail Virtual Meetings What will be the effect on people ? No phone, cable, mobile, satellite ? New threat to Telecom New threat to Telecom Any power socket connects to bank 1 megabit per second - ten times faster than ISDN Every home becomes intelligent Every office is fully networked Global Bargain Hunters Global Management Mazda MX - 5 car Intel Microprocessor Single buying decisions Reaction against Globalisation Thai Currency 1997 Indonesia Crisis �Speculators should be shot� Work Force left behind Survey of Multinationals 1997 Empire Style Tribalism Virtual Companies Virtual Networks Asea Brown Boveri Zurich HQ Staff Companies will be more Virtual Introduced �Virtual Teamwork� Intranet Explosion ILAN Systems Inc. Knowledge Management is the key to Virtual Working Intranet Uses Deep Human Needs The search for Experience Problem of Motivation Building a Better World Conclusions on New Technology The greatest challenge to management in the next decade will be to change fast enough to keep pace with new technology and new values Either we take hold of the future or the future will take hold of us With thanks to Presentation Graphics | Author: Dr Patrick Dixon, Chairman Global Change Ltd Other information:
Presentation in 1999 to the European Federation for Management Development (EFMD). The future of Business Schools, executive education. Distance learning, online learning, virtual classrooms. Video-linking and videoconferences. Why business schools will always trade most strongly on face-to-face contact and communities of participants and their personal relationships with faculty. The future of MBA courses. Why most business schools are not ready for new technology and how technology is racing ahead of most course content, as lecturers and professors are left behind. Teaching by example. Course design. Student and executive expectations. Traditional business school (formal) classroom teaching will feel last-century. Company-specific programmes, open programmes. Change management. Blended learning. e-learning. Why many case studies present unscientific findings and are flawed. Why business school case studies get withdrawn. (search our 26,414 pages for more) |
