2. The use of mobile devices will continue to grow.
3. The use of social media will continue to grow.
4. The use of cloud-based services will continue to grow.
5. The use of big data will continue to grow.
6. The use of artificial intelligence will continue to grow.
7. The use of virtual reality will continue to grow.
8. The use of augmented reality will continue to grow.
9. The use of drones will continue to grow.
10. The use of robots will continue to grow.
Every year, people get excited for the new year. They have energy and predictions for what will happen in the future. Obviously, the last two years have been very important and have shaped what the next ten years will be like, but there are a few things that I have been watching that stick out to me.
Now let's get to it.
1. The world will be a very different place.
Now let's get to it.
1. The world will be a very different place.
2. Many things will have changed.
3. There will be new technologies.
4. The world will be a more connected place.
5. There will be new ways of doing things.
1. The world will be a very different place in 2022.
2. Many things will have changed by then.
3. There will be new technologies by then.
4. The world will be a more connected place by then.
5. There will be new ways of doing things by then.
2/ Main Street is currently in the process of digital transformation.
Certain technologies have only been available to the most prominent companies for the last few decades. Those technologies either cost too much money, or the company that ran them didn’t even care about small businesses. However, in the last few years, the cost of those technologies has gone down and the company that ran them has started to care about small businesses.
Digital transformation tools and options for customers continue to move into small businesses on Main Street. Here are a few examples that have continued to grow in popularity.
Cloud computing: Gone are the days of a small business needing its own server to house information. With its freemium model, the price was free so that everyone could enjoy. Dropbox was kind of the first pioneer to help open up digital transformation.
This led to Google Docs and Drive, which allow businesses to store documents for a low cost. Small businesses are increasingly adding technologies to become more efficient.
Cloud computing is cheaper than ever before and continues to bring value to small businesses.
We don't have robots making plumbing repairs quite yet, but we do have artificial intelligence ad buying at small businesses. Tech companies like Scorpion, AdRoll, and Adobe have provided programmatic ad buying for quite some time. It's now more affordable than ever as this technology continues to improve and get stronger.
Artificial intelligence software can work in the background for your ad purchasing and make on-the-fly changes, and adjust bids for you to get your ideal customer. This allows a small business to compete for keyword share with larger-budget competitors without having to spend as much money.
As the web shifts to Web3, reviews will become even more important.
Web2 is currently owned by big companies like Google, Facebook, Amazon, and others. We, as consumers, rely on them for all of our information, and our website traffic is ultimately tied to their results.
Web3 is still a bit of an obscure topic for many people, but it is focused on breaking that chain and creating a more open ecosystem.
If web3 takes off, we may see companies relying even more on reviews to drive their business. Reviews are nothing new, they have been around for centuries. But, in digital forms, reviews make your business look good on your website.
. Reviews are an important part of a web3 future, as they are a verified purchase of your company where people can learn more about your services. How you handle review management will be critical. It will showcase your company and its abilities and also help you with search engine optimization on web2 and web3.
We can expect to see more smart wearables and metaverse devices in the near future. These devices will be able to connect with each other and provide users with a more immersive experience.
The potential for the metaverse led by Facebook (now called Meta) will breed more companies to come out with more arable options for customers.
The world’s currency is still data, and those who own the data become even more valuable. People have also already started to show an affinity for sharing data to gain technology that can help simplify or enhance their lives.
What type of wearables will take off? Glasses, VR, and contacts are all interesting to think about.
There are multiple VR environments to choose from, but Meta has to be the leader in investment into the future. It has extended beyond games into conferences, meetings, and other events.
Virtual reality has not hit its tipping point for growth, but a global pandemic has certainly helped it expand with people still wanting experiences. The future could be interesting to expand the metaverse into services where you could meet with a lawyer in their office with VR or have a home inspection done from someone 3k miles away from you. Strong possibilities.
Glasses or Contacts: Google Glasses were ahead of their time in their awkwardness and behind their time in technology. Apple has long been rumored to be creating wearable glasses. They will need a new product eventually to keep up with the crazy growth they have from their other devices. Glasses could make a lot of sense. Apple is known for its design chops, and you would expect that they would be more functional than first drafts of glasses.
Google has a patent on smart contacts. I imagine it may take a little longer to develop the technology and find people willing to put something in their eye instead of just wearing it. I don't think this technology will be released anytime soon.
4/ Supply Chain Issues Will Continue to Hurt Businesses and Consumers
I feel like every time I go to the grocery store, there is something new that I can't find or that isn't in stock. Thankfully, toilet paper is no longer one of those things.
What’s the deal with the supply chain? The long and short is the pandemic disrupted the flow of goods and services, and the ability to supply certain products.
Consumer product companies are focusing on revamping factories to build for the future and be a bit more pandemic proof, but that takes time.
Remember how you could never find hand sanitizer, and now it feels like Mcdonald’s is selling it because there is so much supply? That will hopefully adjust over time. Key supply chain losses are raw goods for building homes and parts needed to build new cars. These losses have led to an inability to build more houses leading to real estate spikes and new cars sitting on lots awaiting one final piece before they can sell it.
If you sell a physical product, you should start planning your new supply chain strategies now, even if you don't have a 2022 business plan yet.
The supply chain MBA is a field that is growing in demand. This is because companies are realizing the importance of having a well-run supply chain. Those who have an MBA in supply chain management will be in high demand.
Bloomberg and Harvard Business School both say that there is an increase in demand for supply chain MBAs. As companies try to fix the supply chain problems hitting shelves across the world, they will look to hire the next generation of talent to help solve it.
The investment in new graduates will take time to start developing results, but will help companies build more future issues from developing with a pandemic that looks to be sticking around for a while.
As MBA programs continue to grow in popularity, we will see an increase in demand for talented professionals in other industries. This increased demand will have a trickle-down effect on the finance and technology industries, which rely on MBA graduates each year.
This year's World Cup and Olympics will be the largest streamed events ever, with both events expected to generate more than 1 billion hours of streaming.
It's not often that you get the chance to have the Olympics and the World Cup in the same year, especially during a pandemic when people are looking to take in the events virtually.
Brands and organizers of global events will look for ways to bring people virtually to the events, using social media, traditional video, and virtual reality.
These events tend to get a lot of attention and conversation rolling. They are also an excellent opportunity to capture a live audience which is a premium. Brands will try and connect their logos with these events and position the messaging around activity and global connection during the pandemic.
Brands will continue to use communities as a way to differentiate themselves from their competitors. Communities provide a way for brands to interact with their customers and create a sense of loyalty among customers.
Large companies will be more likely to invest in building social and other communities in order to create loyalty among their customers. Additionally, these companies will try to expand into services like Discord, Signal, Slack for real-time communication, as well as social media platforms like TikTok to create connections with their customers that showcase their company.
A community support option has always been a powerful way to build loyalty and awareness of a brand. With competition continuing to heat up in most sectors and with goods sometimes being out of stock due to the pandemic, this loyalty will be worth even more than ever before.
Tablets will continue to be used for internet searches, but smart TVs will surpass them in popularity.
Tablet traffic has been on the decline and may end up at a similar pace with TVs, with mobile phones having the lion's share of searches.
With mobile phones and voice controls as the remote, smart TVs have improved at promoting internet surfing, especially with video first sites like YouTube. This will continue to grow and develop.
As video becomes more popular, companies will find new and innovative ways to use it to connect with their customers. This will help to set them apart from their competitors and create a more engaging experience for customers.
Video marketing has long been exploding as a way to connect with customers. The growth of TikTok is a perfect example of that. It now boasts 700 million active users, which is more than any other social media platform.
Businesses will emphasize more authentic, less polished video content. Professional videos take a lot of time and money to create, and they can often come across as stiff and unauthentic.
User-generated content videos can grow in perpetuity with the right strategy and planning in place.
Back to work I go.
Numbers 10, 11, and 12 are all related to remote work and the great resignation movement.
Many big companies have delayed their return to the office. However, leadership roles will go back to being required in HQ or a significant office. Remote leadership can be challenging. There will be more surges of the pandemic controlled by remote options, but many people will want to return to the office and its connection.
Hybrid work will continue to be supported, but look for leadership and executive roles to be required in HQ. In addition, many big companies are built on in-person communication and will look to continue to provide a space that fosters growth through synergistic connections.
For companies who stick to remote, look for them to set up regular in-person connections. For example, monthly or Quarterly planning meetings can be a new way for people to get together and enjoy their remote work from home.
Some positions and people will continue to be remote, and companies who don't support it will be limiting their overall talent pool.
Hiring will continue to be difficult as companies compete for talent. The great resignation period is growing, making it harder for companies to find qualified employees.
There are still many people out there who prefer remote life. They won't even look to move unless a company supports it. For this group of folks, companies can either decide to support it or make their talent pool smaller and only go for people looking for the in-office/hybrid experience.
We will continue to see challenges with hiring. Local talent is now accessible globally to companies that support remote employees. This will cause a rise in money spent to retain talent and money spent to acquire talent with both recruiting and salaries. Companies must now be willing to spend more money to retain talent and to acquire talent from other parts of the world.
We will also see new benefits come about. If remote work is table stakes, look for more benefits around flexible work schedules. Vacation days or even on-site daycare could be options as well. This will make it easier for both employees and employers to find what works best for them.
Talent will be a crucial part of securing equity and culture.
People will continue to move away from urban areas to less populated states like Utah, Idaho, and Montana.
According to different sources, Utah and many other unexpected states are topping the charts for fastest-growing in the nation.
Utah's population grew by around 20% between 2010 and 2021, and this was reflected in the increasing values of real estate in the state.
People have flocked to Utah from more populous metro areas. Now that they have the ability to work wherever they want, Utah is known for its beautiful outdoors. It is also an excellent place to raise a family and has less traffic/commute than larger cities.
States who adopt the new policies will struggle to support the infrastructure, political, and cultural changes that come along with it.
The study found that the participants who received the intervention showed a significant decrease in their body mass index. The study found that the participants who received the intervention showed a significant decrease in their body mass index compared to the control group.
Predictions are always fun to put out in the universe. Everything I have mentioned is based on trends I have seen or heard. It will be interesting to track this year to see which ones come true and which ones don’t.
We have learned over the last two years to expect the unexpected.
Josh Sorenson is the creator of the image. Thank you, Josh!
2/ Main Street is currently in the process of digital transformation.
Certain technologies have only been available to the most prominent companies for the last few decades. Those technologies either cost too much money, or the company that ran them didn’t even care about small businesses. However, in the last few years, the cost of those technologies has gone down and the company that ran them has started to care about small businesses.
Digital transformation tools and options for customers continue to move into small businesses on Main Street. Here are a few examples that have continued to grow in popularity.
Cloud computing: Gone are the days of a small business needing its own server to house information. With its freemium model, the price was free so that everyone could enjoy. Dropbox was kind of the first pioneer to help open up digital transformation.
This led to Google Docs and Drive, which allow businesses to store documents for a low cost. Small businesses are increasingly adding technologies to become more efficient.
Cloud computing is cheaper than ever before and continues to bring value to small businesses.
We don't have robots making plumbing repairs quite yet, but we do have artificial intelligence ad buying at small businesses. Tech companies like Scorpion, AdRoll, and Adobe have provided programmatic ad buying for quite some time. It's now more affordable than ever as this technology continues to improve and get stronger.
Artificial intelligence software can work in the background for your ad purchasing and make on-the-fly changes, and adjust bids for you to get your ideal customer. This allows a small business to compete for keyword share with larger-budget competitors without having to spend as much money.
As the web shifts to Web3, reviews will become even more important.
Web2 is currently owned by big companies like Google, Facebook, Amazon, and others. We, as consumers, rely on them for all of our information, and our website traffic is ultimately tied to their results.
Web3 is still a bit of an obscure topic for many people, but it is focused on breaking that chain and creating a more open ecosystem.
If web3 takes off, we may see companies relying even more on reviews to drive their business. Reviews are nothing new, they have been around for centuries. But, in digital forms, reviews make your business look good on your website.
. Reviews are an important part of a web3 future, as they are a verified purchase of your company where people can learn more about your services. How you handle review management will be critical. It will showcase your company and its abilities and also help you with search engine optimization on web2 and web3.
We can expect to see more smart wearables and metaverse devices in the near future. These devices will be able to connect with each other and provide users with a more immersive experience.
The potential for the metaverse led by Facebook (now called Meta) will breed more companies to come out with more arable options for customers.
The world’s currency is still data, and those who own the data become even more valuable. People have also already started to show an affinity for sharing data to gain technology that can help simplify or enhance their lives.
What type of wearables will take off? Glasses, VR, and contacts are all interesting to think about.
There are multiple VR environments to choose from, but Meta has to be the leader in investment into the future. It has extended beyond games into conferences, meetings, and other events.
Virtual reality has not hit its tipping point for growth, but a global pandemic has certainly helped it expand with people still wanting experiences. The future could be interesting to expand the metaverse into services where you could meet with a lawyer in their office with VR or have a home inspection done from someone 3k miles away from you. Strong possibilities.
Glasses or Contacts: Google Glasses were ahead of their time in their awkwardness and behind their time in technology. Apple has long been rumored to be creating wearable glasses. They will need a new product eventually to keep up with the crazy growth they have from their other devices. Glasses could make a lot of sense. Apple is known for its design chops, and you would expect that they would be more functional than first drafts of glasses.
Google has a patent on smart contacts. I imagine it may take a little longer to develop the technology and find people willing to put something in their eye instead of just wearing it. I don't think this technology will be released anytime soon.
4/ Supply Chain Issues Will Continue to Hurt Businesses and Consumers
I feel like every time I go to the grocery store, there is something new that I can't find or that isn't in stock. Thankfully, toilet paper is no longer one of those things.
What’s the deal with the supply chain? The long and short is the pandemic disrupted the flow of goods and services, and the ability to supply certain products.
Consumer product companies are focusing on revamping factories to build for the future and be a bit more pandemic proof, but that takes time.
Remember how you could never find hand sanitizer, and now it feels like Mcdonald’s is selling it because there is so much supply? That will hopefully adjust over time. Key supply chain losses are raw goods for building homes and parts needed to build new cars. These losses have led to an inability to build more houses leading to real estate spikes and new cars sitting on lots awaiting one final piece before they can sell it.
If you sell a physical product, you should start planning your new supply chain strategies now, even if you don't have a 2022 business plan yet.
The supply chain MBA is a field that is growing in demand. This is because companies are realizing the importance of having a well-run supply chain. Those who have an MBA in supply chain management will be in high demand.
Bloomberg and Harvard Business School both say that there is an increase in demand for supply chain MBAs. As companies try to fix the supply chain problems hitting shelves across the world, they will look to hire the next generation of talent to help solve it.
The investment in new graduates will take time to start developing results, but will help companies build more future issues from developing with a pandemic that looks to be sticking around for a while.
As MBA programs continue to grow in popularity, we will see an increase in demand for talented professionals in other industries. This increased demand will have a trickle-down effect on the finance and technology industries, which rely on MBA graduates each year.
This year's World Cup and Olympics will be the largest streamed events ever, with both events expected to generate more than 1 billion hours of streaming.
It's not often that you get the chance to have the Olympics and the World Cup in the same year, especially during a pandemic when people are looking to take in the events virtually.
Brands and organizers of global events will look for ways to bring people virtually to the events, using social media, traditional video, and virtual reality.
These events tend to get a lot of attention and conversation rolling. They are also an excellent opportunity to capture a live audience which is a premium. Brands will try and connect their logos with these events and position the messaging around activity and global connection during the pandemic.
Brands will continue to use communities as a way to differentiate themselves from their competitors. Communities provide a way for brands to interact with their customers and create a sense of loyalty among customers.
Large companies will be more likely to invest in building social and other communities in order to create loyalty among their customers. Additionally, these companies will try to expand into services like Discord, Signal, Slack for real-time communication, as well as social media platforms like TikTok to create connections with their customers that showcase their company.
A community support option has always been a powerful way to build loyalty and awareness of a brand. With competition continuing to heat up in most sectors and with goods sometimes being out of stock due to the pandemic, this loyalty will be worth even more than ever before.
Tablets will continue to be used for internet searches, but smart TVs will surpass them in popularity.
Tablet traffic has been on the decline and may end up at a similar pace with TVs, with mobile phones having the lion's share of searches.
With mobile phones and voice controls as the remote, smart TVs have improved at promoting internet surfing, especially with video first sites like YouTube. This will continue to grow and develop.
As video becomes more popular, companies will find new and innovative ways to use it to connect with their customers. This will help to set them apart from their competitors and create a more engaging experience for customers.
Video marketing has long been exploding as a way to connect with customers. The growth of TikTok is a perfect example of that. It now boasts 700 million active users, which is more than any other social media platform.
Businesses will emphasize more authentic, less polished video content. Professional videos take a lot of time and money to create, and they can often come across as stiff and unauthentic.
User-generated content videos can grow in perpetuity with the right strategy and planning in place.
Back to work I go.
Numbers 10, 11, and 12 are all related to remote work and the great resignation movement.
Many big companies have delayed their return to the office. However, leadership roles will go back to being required in HQ or a significant office. Remote leadership can be challenging. There will be more surges of the pandemic controlled by remote options, but many people will want to return to the office and its connection.
Hybrid work will continue to be supported, but look for leadership and executive roles to be required in HQ. In addition, many big companies are built on in-person communication and will look to continue to provide a space that fosters growth through synergistic connections.
For companies who stick to remote, look for them to set up regular in-person connections. For example, monthly or Quarterly planning meetings can be a new way for people to get together and enjoy their remote work from home.
Some positions and people will continue to be remote, and companies who don't support it will be limiting their overall talent pool.
Hiring will continue to be difficult as companies compete for talent. The great resignation period is growing, making it harder for companies to find qualified employees.
There are still many people out there who prefer remote life. They won't even look to move unless a company supports it. For this group of folks, companies can either decide to support it or make their talent pool smaller and only go for people looking for the in-office/hybrid experience.
We will continue to see challenges with hiring. Local talent is now accessible globally to companies that support remote employees. This will cause a rise in money spent to retain talent and money spent to acquire talent with both recruiting and salaries. Companies must now be willing to spend more money to retain talent and to acquire talent from other parts of the world.
We will also see new benefits come about. If remote work is table stakes, look for more benefits around flexible work schedules. Vacation days or even on-site daycare could be options as well. This will make it easier for both employees and employers to find what works best for them.
Talent will be a crucial part of securing equity and culture.
People will continue to move away from urban areas to less populated states like Utah, Idaho, and Montana.
According to different sources, Utah and many other unexpected states are topping the charts for fastest-growing in the nation.
Utah's population grew by around 20% between 2010 and 2021, and this was reflected in the increasing values of real estate in the state.
People have flocked to Utah from more populous metro areas. Now that they have the ability to work wherever they want, Utah is known for its beautiful outdoors. It is also an excellent place to raise a family and has less traffic/commute than larger cities.
States who adopt the new policies will struggle to support the infrastructure, political, and cultural changes that come along with it.
The study found that the participants who received the intervention showed a significant decrease in their body mass index. The study found that the participants who received the intervention showed a significant decrease in their body mass index compared to the control group.
Predictions are always fun to put out in the universe. Everything I have mentioned is based on trends I have seen or heard. It will be interesting to track this year to see which ones come true and which ones don’t.
We have learned over the last two years to expect the unexpected.
Josh Sorenson is the creator of the image. Thank you, Josh!
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