If you read the news as often as I do you would no doubt be aware that our future is starting to be defined by 'megatrends', influencing the way we think, act, create, design and operate as a society. A megatrend is a force of development that has the ability to change the way the world operates and impacts most greatly on businesses and the economy.KPMG has identified a number of megatrends which, when categorised, refer to how individuals, the global economy and the physical environment will be the dominating factors over coming decades. Here in Australia, this becomes relevant as we transfer from a resource-intensive economy into a services-based economy. In our Young Water Professionals workshop at Ozwater, we were able to dig a little deeper and understand how these changes will impact the water industry. I want to highlight three key megatrends: Rise of the Individual, Public Debt and Climate Change.
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