Explore a fast-changing world Dirk Höpfl, IE Business School

Inventions reached their limit long ago, and I see no hope for further development.

Julius Frontinus, 1st century A.D.

Heavier-than-air flying machines are impossible.

Lord Kelvin, President, Royal Society, 1895

I think there is a world market for maybe five computers.

Thomas Watson, Chairman of IBM, 1943

This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us.

Western UnionInternal memo, 1876

640K ought to be enough for anybody.

Bill Gates, 1981

Forecast/Projections: Extrapolate the future from the past

So, what is the point in trying to predict the future?

We should study the future not to predict it

but to shape it...

MegaTrends

Individual empowerment

Diffusion of Power

By 2030, Asia will have surpassed North America and Europe combined in terms of global power based upon

GDP, population size, military spending and technological

investment.

US National Intelligence Council Global Trends 2030: Alternative Worlds

Demographic Patterns

Food, Water, Energy Nexus

Big Data

1 000 000 000 000 000 B 1 million Gigabytes

MegaOpportunities

Demographic Patterns

Food, Water, Energy Nexus

Individual Empowerment

Big Data

BRIC

MIST

N11Mexico, Indonesia, South Korea, Turkey

MIST+ Bangladesh, Egypt, Iran, Nigeria, Pakistan, Philippines, Vietnam

Brazil, Russia, India, China

Future demand for talent

MegaThreats

A reality in 2020?!

Failed States

Weapons of Mass Destruction

Terrorism

Cyber Attacks

MegaYOU

Emotional Management

Network Management

EQ

PQ

IQScientific Management

• Making decisions

• Solving problems

• Managing budgets

• Thinking strategically

• Organizing projects

• Preparing spreadsheets and presentations

• Reviewing documents

• Analyzing data

IQScientific Management

Emotional Management

Network Management

EQ

PQ

• Motivating people

• Influencing and persuading skills

• Coaching

• Delegating

• Managing upwards

• Overcoming resistance

• Adapting to different styles and situations

• Managing yourself: time, emotions, style

IQScientific Management

Emotional Management

Network Management

EQ

PQ

• Building networks of trusts and influence

• Creating alliances to make things happen

• Dealing with organizational conflicts and resistance

• Managing ambiguity and uncertainty

• Finding the right assignments and projects to work on

• Discovering the real rules of survival and success in your firm

Digital Skills

Digital business skills

Ability to work virtually

Agile Thinking Skills

Ability to consider and prepare for multiple scenarios

Innovation

Dealing with complexity and ambiguity

Interpersonal and Communication Skills

Co-creativity and brainstorming

Relationship building

Global Operating Skills

Ability to manage diverse employees

Understanding international markets

The world is changing very fast. Big will not beat small anymore.

It will be the fast beating the slow.

Robert Murdoch

You have the power to shape the future…

Let´s be connected on Twitter: @dirkhopfl Join the Facebook group IE-Taiwan

Dirk Höpfl dhopfl.mba1999@student.ie.edu