Www.annimac.com.au Small Business Centres Future Trends The Changing Face of WA Conference 2010 Joondalup 12 Nov 2010 Annimac / Anni Macbeth.

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Small Business Centres

Future Trends

The Changing Face of WA

Conference 2010 Joondalup 12 Nov 2010

Annimac / Anni Macbeth

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we in WA are in the future …

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The Future - what we know : Macro trends

∞ Everything changing faster.

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Speed of change

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The Future - what we know : Macro trends

∞ Everything changing faster.

∞ Climate changing too rapidly.

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Unpredictable climate changes

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The Future - what we know : Macro trends

∞ Everything changing faster.

∞ Climate changing too rapidly.

∞ Running out of oil & gas.

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Oil & Gas Shortages

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The Future - what we know : Macro trends

∞ Everything changing faster.

∞ Climate changing too rapidly.

∞ Running out of oil & gas.

∞ Population growth escalating.

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Population vs Resources

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The Future - what we know : Macro trends

∞ Everything changing faster.

∞ Climate changing too rapidly.

∞ Running out of oil & gas.

∞ Population growth escalating.

∞ Technology impacting society.

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Technology & human values

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What’s changing locally :

Micro trends

• your observations

• your gut feelings

• others’ comments

• eg: big biz buying up small biz younger people leaving

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Big Picture : G F C

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North Atlantic ec power bloc 200 yrs

Global Financial Crisis

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Australasian ec power bloc forming

Global Financial Crisis

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Australasia Economic Power

$ China India Japan SE Asia Aus/NZ

$ largest number consumers

$ cheapest enthusiastic skilled workers

$ pro development governments

$ access to venture capital & resources

$ 21st century vision

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Australia’ s Role

$ designated regional leader

$ Western large young resource rich

$ politically stable

$ economically stable

$ multicultural friendly

$ high quality of life

$ high status future

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WA ’s Role : leader

$ large with small population

$ economically strongest - 1980s

$ resource rich

$ primary producer agri /min /o & g

$ long term trade alliances with region

$ multicultural

$ very high quality of life

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WA ’s biz trends

$ major projects contracted $12bn

$ skilled workforce shortage 200K/15 yrs

$ increasing service population FI/FO

$ agribiz fluctuates

$ corporate farms vs family owned

$ decreasing broad acre

$ increasing green & niche

$ some rural communities decline

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WA ’s small biz trends

$ global competition increasing impact

$ flexibility part time / casual emp

$ service industries growth

$ most of all :

technology driving all change ……..

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Technology driving all change

70 % of jobs in 2025 don’t exist now

because

80 % of technology in 2025 not thought of yet

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Technology

• separates haves & have nots

• increasing generational gap

• now two distinct worlds

• 3 D

• virtual

• accelerating business evolution

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WA ’s small biz trends

$ younger gens changing biz

$ relationships based

$ use social media networking

$ speed in the Now

$ higher values lead to profit

$ social responsibility

$ sustainability

$ no spin

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Summary : WA ’s small biz future trends

$ servicing resources sector

$ service industries

$ agribiz corporatising or nicheing

$ using technology :

$ client contact - global

$ product marketing - global

$ partnerships & alliances - global

$ keeping at the Edge

$ values underpin relationships

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Facing the future in SBCs :

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thank you contact me :

annimac@annimac.com.au www.annimac.com.au