Northern Society of Chartered Accountants

Business Futures – a news bulletin from 2039 10 July 2014

What will the world look like in 2039? As part of the ICAEW BusinessFutures project, this news bulletin highlights the issues that businesses will face over the next 25 years.

We know demand for water will increase. We know more people will live longer. We know government debt will grow. We know the global race will be won by best-educated workforce. What we don’t know is how individuals, businesses, governments and countries will react.

The ICAEW BusinessFutures project develops insights on these trends so we can go on offer suggestions for making the most of them — or avoiding their worst impact.

The video clip above introduced the ICAEW BusinessFutures report at the International Festival of Business which was held in Liverpool in July 2014.

About BusinessFutures

ICAEW is searching out the answers to a number of key questions that will guide businesses over the next 25 years.

• What will happen to businesses if water becomes a scarce and expensive commodity?
• Will multi-nationals always be able to shop around for the lowest tax regimes and, if so, how will governments raise more revenue?
• What can be done about the ICAEW and Centre for Cities finding that half of all school leavers in Britain are not adequately educated to enter the workforce?
• How far should a business go to accommodate older workers and would you trust a 75-year-old surgeon to remove your appendix?

ICAEW BusinessFutures is a new long-term project looking at the potential changes to the business environment over the next two or three decades. This will affect businesses across the UK including those in the Northern Society area in the north east & Cumbria.

Find out more

You can read more at icaew.com/businessfutures and join the ICAEW BusinessFutures LinkedIn group.

The Northern Society of Chartered Accountants (NorSCA) represents 4,000 ICAEW members and ACA students working in business and the finance profession across the North East of England, Teesside, Northern Yorkshire and Cumbria. We have been assisting businesses in the north of England and producing chartered accountants for over 130 years.