Slower growth is the new normal.
The Lawhead Team would like to share the latest One Cool Thing about our slow-growth future.
Slower growth is the new normal for global economy. To achieve growth, you must embrace new and innovative business models and rethink established consumer habits and preferences.
- 44% of consumers feel freer to spend money than in previous years.
- 63% of consumers feel uncomfortable with uncertainty in the world.
Our challenge now is to find new ways of reducing costs without sacrificing quality.
Source: The Futures Company, 2016