Global Megatrends 2024: People, Planet and Innovation
Your Roadmap for Resilience
Discover how PMI can help you lead with resilience in a rapidly changing future. Learn how to elevate our world by prioritizing people, planet and innovation with our Global Megatrends 2024 report.
Since the PMI Global Megatrends 2022 report, turbulence has continued, but it has also revealed opportunities to rethink how we get things done. Global Megatrends 2024 explores six megatrends, aligned with the key themes of people, planet and innovation, shaping the future of projects and organizations.
By understanding these forces and learning from leaders driving innovative solutions, we can craft strategies that foster resilience and help us thrive in a constantly evolving world.
People
Megatrends:
- Building a resilient workforce: Adapting to global demographic trends
- Workplace reinvention: Providing flexibility that gets the job done
People are the most critical asset to any organization. To thrive in the future of work, businesses must invest in upskilling employees and recruiting talent with tech-focused skills like database modeling and prompt engineering. As labor markets stabilize and participation increases, tight labor pools put pressure on employers to attract and retain talent. Flexible workplaces and professional development are essential to building a resilient workforce and driving positive change through projects.
Planet
Megatrends:
- Climate response: Developing green skills for mitigation and adaptation
- Sustainable practices: Understanding the value proposition for action
The climate crisis demands immediate action. Developing green skills for mitigation and adaptation is essential to safeguarding the future. Human activity, particularly since the 1950s, has intensified environmental damage, but sustainable practices offer a clear value proposition. A 2024 study in Nature warns that failure to act could result in $38 trillion in economic losses by 2050, compared to $6 trillion for mitigation efforts to limit global warming to below 2°C (source).
Innovation
Megatrends:
- Artificial intelligence: Tapping into AI’s transformative potential
- The innovation imperative: Creating a learning culture that embraces new ideas
Innovation thrives by embracing change, meeting disruption with resilience, and fostering a learning culture that encourages new ideas. Whether through transformative AI or localized solutions like biodiversity-friendly farming, innovation must add value. By empowering individuals with the right tools and training, organizations can unlock creative solutions to today's challenges. With the potential of AI and a mindset geared toward experimentation, this moment offers immense opportunities to enhance productivity and improve our world.
About This Report
The Global Megatrends 2024 report is based on year-long research from over 120 regional and global sources, including news outlets, think tanks and NGOs. Supported by PMI strategic research outlining long-term social, economic, political and environmental issues, it is supplemented by interviews with 10 project professionals and experts from North America, Europe, the Middle East, Asia and Africa.
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