Deloitte recently released its inaugural Business Trends 2013 report outlining eight trends expected to be crucial strategic drivers for global business. The report is intended to help executives bolster strategic planning efforts, become more interconnected with customers and stakeholders, and find opportunities for innovation and growth.
"As a leader in global strategy consulting, Deloitte helps organizations build value by delivering novel and actionable insights on the issues that drive our clients' business", said Mike Canning, principal, Deloitte Consulting LLP and national managing director for Deloitte's strategy and operations practice. "This research is geared to executives who want to spur big ideas, challenge conventional thinking and stay ahead of the competition."
Deloitte's Business Trends 2013 report covers a wide range of topics, including consumer behavior, analytics, social data, public-private partnerships, emerging markets, and new technologies.
The eight business trends for 2013 are:
1. The Rewired Customer: The flexibility of the human brain ("neuroplasticity") enables, and is driving, rapid and substantial shifts in consumer behavior. Smart companies will find ways to anticipate and capitalize on these shifts.
2. The Scale Paradox: The disruptive power of analytics is helping small companies be more insightful and large companies to be more agile, upending conventional wisdom about how small and large companies compete.
3. Reengineering Business Intelligence: Companies are embedding social data into core strategic decisions and leveraging this data in novel and impactful ways.
4. Partnerships for the Future: Recent shifts in economic and social forces are driving government and business to collaborate in unprecedented ways.
5. The Responsible Enterprise: Companies are recognizing the advantages that come from embedding environmental, social, and governance
(ESG) factors into their core business activities.
6. Manufacturing beyond China: China has long been the default choice for offshore manufacturing, but several converging trends are causing companies to consider alternative locations.
7. Emerging Market Talent Strategies: Global talent strategies are evolving as BRIC (Brazil, Russia, India, China) economies begin to mature and new emerging markets evolve into major contenders on the global stage.
8. Building on the BRICs: Brazil, Russia, India, and China have been effective stepping stones for multinationals from developed nations, but seven new emerging markets provide fresh opportunity.
To download the complete report and videos that provide insightful perspectives, visit the Deloitte website.
Source: Deloitte Press Release