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Four 21st Century Global Forces Changing Business Trends

Four 21st Century Global Forces Changing Business Trends

Resetting Intuition

Many past assumptions, tendencies, and habits that had long proved so reliable have suddenly lost much of their importance. That is partly because intuition still determines much of our decision making. Our intuition has been formed by a set of experiences and ideas about how things worked during a time when changes were incremental and somewhat predictable. If we look at the world through a rearview mirror and make decisions on the basis of the intuition built on our experience, we could be wrong. In the 21st century, executives, policy makers, and individuals all need to scrutinize their intuitions and boldly reset them if necessary. This is especially true for organizations that have enjoyed great success. There is an urgent imperative to adjust to these new realities.

Hispanic vs Asian populations growth!

Hispanic vs Asian populations growth!

U.S. births have been the primary driving force behind the increase in the Hispanic population since 2000 and that trend continued between 2012 and 2013. The Census Bureau estimates that natural increase (births minus deaths) accounted for 78% of the total change in...