MEGATRENDS – Innovation and entrepreneurship in education (2024)

FAQs

What are the 5 megatrends? ›

PwC examines five key megatrends: Shift in Global Economic Power, Demographic Change, Rapid Urbanization, Rise of Technology, and Climate Change/Resource Scarcity. We examine these megatrends with a specific focus on the various disruptive effects we anticipate these five megatrends will have on defense and security.

Megatrends are characterised by being far-reaching, global patterns related to behaviour, mobility and environment. Examples of megatrends are: health, population growth, urbanisation and digitalisation.

Digitalization, green economy, skills shortage, remote working, and ageing societies. These megatrends we see in society are affecting the way we do business and the need for skills and talents are even more crucial than ever to make it easier for companies to find the right skills at the right time.

Megatrends – is a large scale, sustained shift in. whatever is being measured. Microtrends – the emerging small forces behind. tomorrow's big changes.

The seven global megatrends are: Adapting to climate change; Leaner, cleaner and greener; The escalating health imperative; Geopolitical shifts; Diving into digital; Increasingly autonomous and Unlocking the human dimension.

We have identified six such megatrends at the University of Sydney Business School which we believe encapsulate the patterns of transformative change underway: impactful technology, evolving communities, rapid urbanisation, empowering individuals, economic power shift and resource security.