Industries around the world are at a turning point
Global megatrends such as population growth, urbanization, food, water, and energy scarcity, labor shortages, and climate change are forcing companies to approach their business strategies in new ways. But how do you determine needs, review trends, and identify solutions?
Resource challenges caused revenues to decrease last year
Commissioned by Sealed Air, the Economist Intelligence Unit (EIU) researched the world’s greatest resource challenges. The EIU conducted a survey of 800 business executives in the food & beverage, hospitality services, healthcare services, and consumer goods industries. To complement the survey findings, the EIU developed the Global Resource Management (GRM) Index, a set of four unique, interrelated industry-focused indices that examine how companies and governments monitor resource use, plan for future challenges and commit to sustainable, intelligent resource management. The EIU also conducted in-depth interviews with business leaders and industry experts from around the world (AccorHotels, Boston Consulting Group, Cargill, Environmental Defense Fund, Heineken, Nestlé).The EIU compiled findings and insights in Global Resource Challenges: Risks and Opportunities for Strategic Management. The report investigates the impact that resource scarcity has on businesses in the included industries, how companies are adapting their operations to better manage these risks and whether those adjustments align with the realities of the resource environment that the GRM defines within each industry.