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--- library:future_scenarios_and_implications_for_the_industry [2023/05/07 15:03] – davidpjonker
+++ library:future_scenarios_and_implications_for_the_industry [2024/02/16 14:05] (current) – davidpjonker
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-=====Future Scenarios and Implications for the Industry=====
+======Future Scenarios and Implications for the Industry======
-=====Summary=====
-"The world is confronted with many challenges that could impact the well-being and happiness of society. Among the most severe are rapid urbanization, climate change and resource scarcity. The Infrastructure and Urban Development (IU) industry is important in the shaping of a desirable future for our planet. The sector plays a vital role in creating value for society by designing innovative
+Excerpt from report: \\
-human- and social-centric solutions. Around the world, 200,000 people a day are migrating to urban areas, where they need healthy, affordable, sustainable housing and infrastructure. However, the buildings and infrastructure assets the industry constructs account for a substantial portion of global greenhouse gas emissions, which are a major cause of climate change. On top of that, the industry is the largest consumer of raw materials, further depleting scarce resources. To address these concerns, the World Economic Forum established the Shaping the Future of Construction project three years ago."  \\
+"The World Economic Forum created the Shaping the Future
+of Construction initiative to help IU companies understand
+and respond to these trends. The initiative used scenario
+planning to analyse how multiple present-day megatrends
+could lead to different versions of a future world. The
+World Economic Forum and The Boston Consulting Group
+hosted workshops with representatives from leading IU
+firms, industry associations, governments and academia
+to develop the scenarios and the strategic implications
+based on them. T"  \\
 ^  Quick Facts  ^^
-| URL:  |[[https://www3.weforum.org/docs/Future_Scenarios_Implications_Industry_report_2018.pdf| source]]  |
+| Report location:  |[[https://www3.weforum.org/docs/Future_Scenarios_Implications_Industry_report_2018.pdf| source]]  |
-| PUBLISHER:  |[[encyclopedia:world_economic_forum|World Economic Forum]]  |
+| Language:  | English   |
-| AUTHORS:  |  |
+| Publisher:  | Boston Consulting Group,  [[encyclopedia:world_economic_forum|World Economic Forum]]  |
-| GEOGRAPHIC FOCUS:  |{{tag>geographic_focus:Other}}  |
+| Authors:  |  |
-| PAGE COUNT:  |{{tag>geographic_focus:}}  |
+| Geographic focus:  |Global   |
-|TOPICS:  |{{tag>topic:30}}  {{tag>topic:infrastructure and urban development (iu)}}    |
+| Page count:  |30  |
 =====Methods=====
+"The World Economic Forum created the Shaping the Future of Construction initiative to help IU companies understand and respond to these trends. The initiative used scenario
-"The Future of Construction initiative used scenario planning to mitigate these limitations...The scenarios are not meant to predict the future. Rather, they are an opportunity to foresee the possible outcomes of current trends to be well-prepared for  broad variety of possible futures."  (Mutiple workshops took place to create these scenarios.)  "...participants identified the most important expected changes in customer requirements and regulations, processes and technologies, and competition and industry structure. From there, they sketched out implications and imperatives that IU companies should follow to address these changes."\\
+planning to analyse how multiple present-day megatrends could lead to different versions of a future world. The World Economic Forum and The Boston Consulting Group hosted workshops with representatives from leading IU firms, industry associations, governments and academia to develop the scenarios and the strategic implications based on them."\\
   * Qualitative methods used
+  * Exploratory in nature
   * Scenarios are developed
   * Futures Workshops
-  * Visioning
 =====Key Insights=====
+The report presents three scenarios: “Building in a Virtual World,” with AI and robots dominating construction; “Factories Run the World,” with a focus on prefabrication and efficiency; and “A Green Reboot,” emphasizing sustainability and resource conservation. It discusses the need for new skills, integration across the value chain, and adoption of advanced technologies. \\
+ \\
 Drivers mentioned include:
-  * Trust is in crisis around the world, which decreases effective collaboration
+  * Climate change
-  * Climate Change
+  * resource scarcity
-  * Shifting Demographics
+  * technological change
-  * Increasing Urbanization
+  * geostrategic fissures
-  * Growing Talent and Infrastructure Gaps
+  * Trust
-  * Increased Volatility and Turmoil in World Politics
+  * Shifting demographics
-  * New Digital Technologies applied to the Infrastructure and Urban Development industry (IU) are disruptive
+  * talent gaps
+  * volatility and turmoil in world politics
+  * digital technologies
+  * fourth industrial revolution
+  * automatization / automation
+  * digitalization
+  * intelligent systems
+  * virtual reality
+  * robots
+  * Infrastructure gaps
+  * Economic changes
+  * artificial intelligence
+  * data and digital models
+  * data access
+  * technology adoption
 =====Additional Viewpoints=====
-----
+<!-- Insert instructions for additional viewpoints -->
-----
+<span #categories_box> Categories:  {{tag>English_publication_language}} |  {{tag>global_geographic_scope}} |  {{tag>industry_4.0}} |  {{tag>scenario_planning}} |  {{tag>scenarios}} |  {{tag>sustainability}}  </span>
-=====Discussion=====
+~~DISCUSSION~~