The 5 Biggest Business Trends In 2023

The 5 Biggest Business Trends In 2023

We all must deal with the after effects of the global pandemic, Russia’s invasion of Ukraine, economic challenges, an ever-faster development of technologies and continued social change.

In a recent FORBES article, Bernard Marr, internationally best-selling author and futurist, zeroed in on 5 key business trends he believes will have the greatest day-to-day impact on the way we work and do business in 2023.

1. Accelerated digital transformation
In 2023, we see the continuation of innovations and developments in transformative technologies such as artificial intelligence (AI), the internet of things (IoT), virtual and augmented reality (VR/AR), cloud computing, blockchain, and super-fast network protocols like 5G.

2. Inflation and supply chain security
The economic outlook for most of the world doesn’t look great in 2023. We are told by experts to expect ongoing inflation and subdued economic growth.

3. Sustainability
The world is increasingly waking up to the fact that the climate disaster will pose a much bigger challenge than anything we have experienced in recent decades and will dwarf the challenges faced by the Covid pandemic.

4. Immersive customer experience
In 2023, customers crave experience above all else. … As well as customer experience, businesses increasingly need to think about employee experience as competition for the most talented and skilled workers grows more intense.

5. The talent challenge
Over the past year, we have seen huge movements of talented people, referred to as the great resignation and quiet quitting, as workers reassessed the impact of work and what they want to get out of their lives.

Bernard Marr, FORBES

Check out Marr’s full article, discussion and YouTube at FORBES. My biggest focus is on #5 – The talent challenge – as my clients move forward with their Quarter 1 plans. What is your take on theses trends? What is your business focusing on for 2023?

Contact me for help developing an exceptional strategy to move your company forward. Play to win!

All the best

Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a strategic business & technology advisor to governments and companies. He helps organizations improve their business performance, use data more intelligently, and understand the implications of new technologies.

© 2023 David Paul Carter. All rights reserved.
Photo Credit: Tumisu | Pixabay

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