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STEP trends | Economic 
Global Industry Structures
Concept
  • New global industry structures are emerging. In response to
    changing market regulation, the advent of new technologies, and
    global sourcing, the development of non-traditional business models
    is increasing, often in the same market and sector space. Also, more
    specialization is taking place.
Trajectory
  • In many industries, a new structure is appearing, with a few giants on
    top (partly state- or nation-owned), a narrow middle, and then many
    smaller, fast-moving players underneath.
  • Having initially been closed, many economic and geographical borders
    will quickly open again to enable interlinked worldwide eco-systems of
    suppliers, producers, and customers.
  • The collapse of robust private equity financing will be changing
    corporate ownership, lifecycles, and performance expectations.
  • Some industries are polarizing between high-end and commodity
    providers. Others are likewise concentrating on distribution of products.
  • The speed at which the credit crisis and worldwide economic
    downturn
    spread across the globe really shows how intertwined the
    global economy already is.



Trends 2008
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