Top 10 Predictions for the Year of the Tiger
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Top 10 Predictions for the Year of the Tiger
Well… 2010 is well underway and here we are in Lunar New Year week in the new Year of the Tiger. Gung Xi Fa Cai!
Here are my top 10 predictions for the year of the Tiger.
1. Asia will BOOM, led by SE Asia, China and India.
2. Eastern Europe will continue to recover and soar
3. Training and Speaking will be HOT as HR and C-Level people feel the need to ‘catch up’ over what was ‘neglected’ last year
4. Sales and Marketing will get more cash in their budgets
5. USA will still be pretty flat with healthcare and IT leading their recovery
6. Business in Oz will be strong by end of Q1 and NZ strong by June
7. IF China curtails ‘entertaining’ at government (proposed now), it will spill over to private sectors and kill some F & B businesses, if not… ‘Party on!’
8. US dollar will be flat but stable until 2012, then drop like a stone (watch for China’s sell-off of $2 Trillion greenbacks or oil getting pegged to another currency)
9. Recovery will come from emerging markets and they will fuel recovery but at their ‘values’, not foreign values (they buy, sell and produce in their own economic scales, not at the scales or prices first world is used to) Hence, it may be easier for 2nd world to sell to these nations than first world
10. Gen Y is starting to move into entry level management. Watch for changes in leadership styles
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