Trends for 2023: The Great Transformation

“Understand: the future belongs to groups that are fluid, fast, and nonlinear.” — Robert Greene

From virtual everything to sustainability, the top 10 business trends of 2023 are driven by technology, purpose, and people.

Back by popular demand, here is my annual report on business trends.

This time, I’m taking on business trends for 2023.

I think of 2023 as the Great Transformation.  And I think of business trends as building blocks for the future.

My goal with this deep dive into business trends is to equip every innovator, entrepreneur, and leader with a holographic view of the future. Let me be your guide, your strategist, and your synthesizer of the business trends to help you win the future.

Revisit this page whenever you need insight and inspiration for either building the future or preparing for it.

On This Page:
The Big Picture of 2023
Key Drivers Behind the 10 Biggest Business Trends of 2023
The Megatrend of Megatrends: ESG
1. Artificial Intelligence (AI) for everything
2. Digital acceleration of everything
3. DE& I (Diversity, Equity& Inclusion)
4. Generational Shifts in Values (Generation X, Y, and Z)
5. Innovation-Driven Growth
6. Remote Work
7. Supply-Chain Innovation
8. Sustainable Tech
9. The Great Resignation, the Great Rethink, and the Great Renegotiation
10. Whole person wellness

As you learn the lay of the land in this article, see what surprises you or catches you attention.  For example, one thing that surprised me is how deep the disruption runs with ChatGPT , but it has rekindled my focus on the core human skills of creativity, critical thinking, and empathy.

Another thing that surprised me is how Generation Y has emerged as social activists, empowered by technology and social media.

What will surprise you?

The Big Picture for Business Trends in 2023

Take a deep breath and take a step back before diving in to all the goodness of what’s to come.

There’s been a lot going on in the world from pandemics, to wars, to mass tech layoffs, to threats of food, etc.

Oh yeah, the Earth heating up, too (can’t forget that Climate change thing.

After all, it’s many people for the first time in their lives are becoming climate nomads.)

Wherever there is great pain, there is great opportunity.   Humans are resilient and solve their way out of the toughest challenges through a combo of Creative Vision and innovation.

People are amazing when they shift from confusion, chaos, and calamities to clarity, creativity, and courage.

Every time we are backed into a corner, we innovate our way out.   Innovation has been the hallmark of humanity’s greatest triumphs and the backbone of modern progress.

The Big Themes of Change at a Glance

Here are a few recurring ideas you will see from various pivots and perspective as the new year comes your way:

1. Increased focus on sustainability and environmental impact
2. Advancements in technology such as AI and 5G networks
3. A push towards digital transformation in various industries
4. Emergence of new forms of alternative energy
5. Continued focus on health and wellness

At the core of all this, the best leaders will retain an absolute focus on humanity and human potential.

And if you’re not doing something that’s “good for people” and “good for the planet”, then you’re doing it wrong.

My advice to win the future?

1. Stay open
2. Stay curious
3. Explore perspectives

Most importantly, leverage your network for insights so you can rise and thrive with the opportunities ahead.

Key Drivers Behind the 10 Biggest Business Trends of 2023

“The technology you use impresses no one. The experience you create with it is everything.” – Sean Gerety

Before getting into the trends, I like to do a quick sanity check against the key drivers changing and shaping the future.

I find that when I know what’s driving a trend, I can pivot faster, stay relevant, and get surprised less, because I can anticipate more trends based on the drivers.

17 Drivers of Change Shaping the Future

This is not an exhaustive list.  It’s just a sampling of some of the key drivers of change shaping the future:

1. Climate change: shifts in the Earth’s climate and its impact on the environment and human societies.
2. Sustainable energy: desire for energy sources that are environmentally friendly.
3. Job insecurity: workers are facing more uncertainty in a global market economy.
4. Economic inequality: the gap between rich and poor is growing worldwide.
5. Demographic shifts: changes in population size, age structure, and migration patterns.
6. Aging population: people are living longer. There are more retirees relative to workers.
7. Artificial intelligence and automation: the development and use of AI and automation in various industries, affecting the nature of work and employment.
8. Technological advancements: the rapid pace of technological innovation and its impact on various industries and aspects of daily life.
9. Big data: large amounts of information being analyzed and used to make decisions.
10. Connectivity: widespread access to wireless and broadband networks.
11. Rapid knowledge transfer: information is being shared and spread quickly.
12. Economic globalization: the increasing interconnectedness of the global economy and the movement of goods, services, capital, and people across borders.
13. Political and social developments: changes in political systems, social norms, and values, and their impact on the distribution of power and resources.
14. Resource scarcity: increasing competition for finite resources such as water, energy, and food.
15. Health and medical innovations: advancements in medicine and public health, and their impact on longevity and quality of life.
16. Cybersecurity and privacy: the growing threat of cyber attacks and the need to protect sensitive information and personal data.
17. Space exploration and commercialization: the increasing exploration and commercialization of space, and its impact on science, technology, and commerce.

The Megatrend of Megatrends: ESG (Environmental, Social, and Governance)

“When sustainability is viewed as being a matter of survival for your business, I believe you can create massive change.” — Cameron Sinclair

When I look back over the past 10 years, I think utility / Cloud computing was the biggest disruption driving the biggest change across the tech industry (actually, all industries, eventually.)

It was about the Cloud companies like Microsoft, Amazon, Facebook, Google, SalesForce, etc.

When I think of the next 10 years, I think of the over-arching disruptor and driver of change as ESG (Environment, Social, and Governance).

I think of it simply as “good for people” and “good for the planet”.   Instigated by Climate change and the rally of the U.N., ESG will be THE biggest drive of change across the board.

You can embrace it and leverage it, or you can get run over by it or left behind.

Nature favors the flexible and it’s not the big that eat the small, it’s the fast that eat the slow.

Good for People, Good for the Planet

Every business will need to reimagine itself how to be “good for people” and “good for the planet”:

1. Consumers: Consumers and clients want to buy from companies that are good for people and good for the planet.
2. Employees: Employees want to work for companies that are good for people and good for the planet (or at least not be embarrassed by their company, and some will expose their companies.)
3. Investors: Investors want to invest in companies that focus on sustainability.

It’s not that investors are putting their money into organizations out of the goodness of their hearts (though some might).

It’s because there is less risk.  Less reputation risk.

Resiliency, Financial Performance, and Disruption

Sustainability is also more in line with the United Nations narrative which has an enormous ripple effect.

And companies that focus on sustainability create more resilient supply chains through transparency and data-driven insights.

What Accenture learned through its analysis of executive and employee surveys is that there is a stronger consensus on sustainability performance is associated with better financial performance.

So, if you are an entrepreneur, intrapreneur, innovator, or any leader, you have a wave of sustainability efforts on your side you can leverage to create and shape the future.

This next decade is really going to be the disruption of energy, the transformation of mobility, and the reimagination of sustainable cities, as people innovate within the broad theme of “good for people, good for the planet”.

You will continue to see the disruptions, and you know the idea:

Disrupt or be disrupted.

Without further ado, let’s dive into the key trends we can use as lens for what’s ahead, and as building blocks for the future…

The 10 Biggest Business Trends Every Leader Must Prepare for Now

This is my attempt to put a simple lens on some of the most pervasive themes of change.

More than that, I wanted to share some simple thought starters so you can get your arms around the world of change and embrace it versus get disrupted by it.

What you don’t know can hurt you, and what you do know can help you if you respond vs. react to the changes ahead.

To be forewarned is to be forearmed, as the saying goes.

With that in mind, there are 10 key themes of trends to be aware of…

#1. Big Business Trend: Artificial Intelligence (AI) for everything

“Some people worry that artificial intelligence will make us feel inferior, but then, anybody in his right mind should have an inferiority complex every time he looks at a flower.” — Alan Kay

Business trend #1 is artificial intelligence.

Artificial Intelligence is augmenting abilities to help make us better at what we do.  It’s breaking down barriers like language and translation barriers.  It’s improving performance of existing technologies, like computer vision.

According to HBR in Artificial Intelligence for the Real World, AI, broadly speaking, supports three important business needs: “automating business processes, gaining insight through data analysis, and engaging with customers and employees “

Example Provocative Things AI Can Do

Here is a handful of example provocative things that AI can do:

1. Fly a drone
2. Drive an autonomous car
3. Recognize emotions in speech
4. Spot cancer in tissue slides better than humans
5. Transcribe better than professionals
6. Power Chatbots that improve customer satisfaction and relevancy
7. Search a gazillion records in a single bound across audio, video, and text (and translate as needed)

How AI Can Change the Game

Here are a few ways that AI can change the game as we shape the future:

1. Automation of tasks: AI can automate routine and repetitive tasks, freeing up time for humans to focus on more complex and creative tasks.
2. Improved efficiency and accuracy: AI can process large amounts of data quickly and accurately, making it useful in fields such as healthcare, finance, and transportation.
3. Advancements in various industries: AI is being used to drive advancements in fields such as medicine, manufacturing, and agriculture.
4. Personalized experiences: AI is enabling the creation of personalized experiences in areas such as entertainment, education, and customer service.
5. New job opportunities: AI is also creating new job opportunities in areas such as data science and machine learning.
6. Advancements in scientific research: AI is helping drive advancements in scientific research, such as in the fields of drug discovery and climate modeling.
7. Improved decision making: AI can support human decision making by providing insights and recommendations based on data analysis.
8. Potential for ethical and social implications: While AI has many potential benefits, it also has the potential to raise ethical and social concerns, such as the potential loss of privacy, the impact on employment, and the potential for bias in decision making.

ChatGPT Disrupts Us

When it comes to ChatGPT, I think about it like this:

Use ChatGPT to bring out your best and enhance your uniquely human abilities:

1. creativity
2. critical thinking
3. empathy

Some people can do math.  Some people can use calculators. Some people can do both.  

Be somebody who can do both.

#2. Big Business Trend: Digital acceleration of everything

“Customer expectations are far exceeding what you can really do. That means a fundamental rethinking about what we do with technology in organizations.” — George Westerman, MIT Principal Research Scientist and Author

Business trend #2 is the digital acceleration of everything.

Digital acceleration refers to the rapid increase in the pace of digital transformation and the widespread adoption of digital technologies.

Digital acceleration is transforming the way that businesses operate and compete, and is having a profound impact on the economy, society, and the workforce.  It’s a big deal for several reasons:

1. Improved efficiency and productivity: Digital acceleration has led to increased efficiency and productivity across a range of industries and businesses, as companies are able to automate processes, streamline operations, and reduce costs.
2. Enhanced customer experience: Digital acceleration has made it possible for companies to provide a better customer experience, by offering more personalized and convenient services and using data to gain deeper insights into customer behavior.
3. Disruptive innovation: Digital acceleration has driven disruptive innovation, as new digital technologies and business models are created, leading to new opportunities and challenges for companies.
4. Globalization and increased competition: Digital acceleration has increased globalization and competition, as companies can reach new customers and markets through digital channels, and compete with new entrants from around the world.
5. Shifting workforce and skill requirements: Digital acceleration has led to a shift in the workforce and skill requirements, as digital skills become more important and traditional jobs are replaced by new roles in the digital economy.

There is Far More that Leaders Can Do

While the pandemic accelerated a lot of digital transformation efforts around the world, there is far more that leaders can do to go from just using digital technologies to transforming their business through digital transformation.

I really like how Andrew Vaz, Chief Innovation Officer at Deloitte put it:

“In today’s world of exponential change, organizations that get too comfortable with the status quo are at major risk of disruption.

If you’re not experimenting and, as a director, if you’re not asking questions about how your organization is navigating and plugging into disruption, forming new ecosystems, and tapping into open markets, then your organization is at risk.

In the area of talent alone, if you’re not leveraging talent outside your organization, you’ll never win the war of ideas because the smartest people in the world don’t work for you.” — Andrew Vaz, Global Chief Innovation Officer at Deloitte

Keep Up for Get Wiped Out

Those who embrace their digital transformation are using technology to embrace the Digital Era.

You’ve seen the disruptions in just about every industry.

John Chambers is pretty direct and puts it bluntly because he’s seen how quickly organizations can get wiped out if they don’t keep up.

Chambers says:

“If you’re a leader in today’s world, whether you’re a government leader or a business leader, you have to focus on the fact that this is the biggest technology transition ever.

This digital era will dwarf what’s occurred in the information era and the value of the Internet today.

As leaders, if you don’t transform and use this technology differently—if you don’t reinvent yourself, change your organization structure; if you don’t talk about speed of innovation—you’re going to get disrupted.

And it’ll be a brutal disruption, where the majority of companies will not exist in a meaningful way 10 to 15 years from now.”

See Video: How John Chambers explains the digital transformation, innovation, and the digital era.

#3. Big Business Trend: DE& I (Diversity, Equity& Inclusion)

“A diverse mix of voices leads to better discussions, decisions, and outcomes for everyone.” — Sundar Pichai, CEO at Alphabet

Business trend #3 is DE&I.

DE&I becomes a competitive advantage for companies that embrace it beyond lip service and truly create inclusive cultures.

The kind where people who love their experience so much they would actually recommend it to their family and friends, in a Net Promoter kind of way.

To attract talent, to retain talent, to innovate better, more leaders recognize they need to step up their game and embrace Diversity, Equity, & Inclusion.

Leaders defaulted to ethnicity, because they could “see” it, but now more leaders realize they need to also focus on cognitive diversity and neurodiversity.

Invisible Disabilities

This may even lead to more sensory acuity and sensitivity and actual support for “Invisible Disabilities”.

Many people among us have “Invisible Disabilities” such as those suffering from a TBI (traumatic brain injury).

And because it may not be outwardly obvious or visible, people get mistreated or experience terrible workplace support.

Cognitive Diversity

Cognitive diversity refers to the range of differences in how people think, process information, and solve problems. It encompasses differences in ways of perceiving, learning, reasoning, and making decisions, and includes differences in personality, background, experience, education, and more.

Neurodiversity

Neurodiversity refers to the concept that neurological differences such as autism, ADHD, dyslexia, and others, should be recognized and respected as a normal aspect of human diversity, similar to cultural, ethnic, and other forms of diversity.

Neurodiverse individuals have unique strengths, perspectives, and ways of thinking that can bring valuable contributions to a diverse and inclusive workplace.

Both cognitive diversity and neurodiversity are important for creating a diverse and inclusive workplace, as they provide a wider range of perspectives, ideas, and problem-solving approaches, which can result in more creative solutions, better decision making, and increased innovation.

Key Things to Keep in Mind for DE&I

Here are 3 things to keep in mind about Diversity, Equity, and Inclusion (DE&I):

1. Workplace diversity and inclusion have a positive impact on company performance and the bottom line. Companies with diverse workforces are more innovative, creative, and better equipped to solve complex problems.
2. Employee resource groups (ERGs) can be a valuable tool for driving DE&I initiatives within an organization. ERGs provide a platform for underrepresented employees to share their experiences and perspectives, as well as a space for allies to learn and support DE&I efforts.
3. DE&I is not just a human resources issue but a business imperative. Organizations that are committed to DE&I are better positioned to attract and retain top talent, increase employee engagement and productivity, and improve their reputation and brand image.

#4. Big Business Trend: Generational Shifts in Values (Generation X, Y, and Z)

“Leadership is not about the next election, it’s about the next generation.” — Simon Sinek

Business trend #4 is generational shifts in values.

Shifts in values create shifts in the market affecting everything from the market to the media to mass movements.

Shifts in values change the culture of organizations as they respond to the changes in employees’ values and the changes in customer demand in the market.

What’s especially interesting is the rise of social activists among Generation Y, with influence and reach through social media and technology empowerment.

Each generation may have different values, shaped by their experiences and the cultural and historical events that took place during their formative years.

There have been shifts in values between Generation X, Y, and Z as each successive generation has been influenced by different cultural and historical events.

Key Shifts from Generation to Generation

Some of the key shifts in values between generations include:

• From Generation X to Millennials (Generation Y): There has been a shift towards greater emphasis on social responsibility, diversity, and work-life balance. Millennials are more likely to prioritize finding work that aligns with their values and making a positive impact in the world.
• From Millennials to Generation Z: There has been a shift towards greater emphasis on inclusivity, transparency, and practicality. Generation Z is more focused on stability and financial security, and they are considered to be highly resourceful and technologically proficient.
• From Generation X to Generation Z: There has been a shift towards greater emphasis on technology, as each successive generation has grown up with increasing access to digital tools and the internet. Generation Z is the first true digital native generation and has a natural comfort with technology that sets them apart from previous generations.

These shifts in values reflect the unique experiences and cultural events that have shaped each generation.

You can pick up on the important implications for businesses and organizations when you engage and understand your customers and employees and build empathy.

Again, these are generalizations and not all individuals within a generation will share the same values.

#5. Big Business Trend: Innovation-Driven Growth

“The paradox of innovation is that it is accepted as an innovation when it has become imitation.” — Piero Scaruffi

Business trend #5 is innovation-driven growth.

There’s a real need for innovators and innovation-driven growth.

Innovation-driven growth is an economic growth model that is driven by innovations and technological advancements.

It is based on the idea that the creation and diffusion of new products, services, and processes leads to increased productivity, job creation, and overall economic growth.

Innovation-driven growth is often characterized by a focus on research and development, investment in new technologies, and the creation of a favorable environment for entrepreneurs and startups.

The goal of innovation-driven growth is to foster an environment in which new ideas and technologies can flourish, leading to increased economic prosperity.

It’s time to learn how to innovate, master entrepreneurship, and apply human creativity to solve our way through the future.

#6. Big Business Trend: Remote Work

“You’re on mute, Brian” – literally every Zoom call attendee

Business trend #6 is remote work.

You hear all the arguments for and against remote work and whether the future of work will be remote work, hybrid work, or gig work, even.

In inclusive world, it all has its place.

But where leaders can fall short is when they don’t work through the asks their employees have and understand the reasons and rationale behind those asks.

Pros for Remote Work

Remote work has become a big deal for several reasons:

1. COVID-19 pandemic: The pandemic has accelerated the trend of remote work, as many businesses have had to adapt to social distancing measures and have employees work from home.
2. Improved technology: Advances in technology, such as cloud computing, video conferencing, and collaboration tools, have made remote work easier and more practical for many businesses.
3. Increased flexibility: Remote work provides employees with more flexibility, allowing them to balance their work and personal lives more effectively.
4. Cost savings: Remote work can lead to cost savings for both employees and employers, as expenses for commuting, office space, and other work-related costs are reduced.
5. Increased talent pool: Remote work enables companies to hire talent from anywhere in the world, rather than being limited to a specific geographic location.

Cons for Remote Work

While remote work has several benefits, there are also some good reasons against it:

1. Isolation and lack of face-to-face interaction: Remote workers may feel isolated from their colleagues, which can lead to decreased job satisfaction and lower morale.
2. Difficulty with communication and collaboration: Effective communication and collaboration can be more challenging when team members are not physically present, which can negatively impact productivity and the quality of work.
3. Lack of structure and accountability: Without the structure of a traditional office environment, remote workers may struggle to maintain a regular work schedule and may find it harder to stay focused and productive.
4. Technical challenges: Remote work can be hindered by technical issues, such as unreliable internet connections or the need for specialized equipment.
5. Difficulty with work-life balance: Without clear boundaries between work and personal life, remote workers may find it harder to maintain a healthy work-life balance.

Before taking positions, it helps to get perspectives, so any decisions are balanced and understand the consequences and downstream impact.

#7. Big Business Trend: Supply-Chain Innovation

Business trend #7 is supply-chain innovation.

Supply chain innovation is a big deal because it can lead to significant improvements in efficiency, competitiveness, and sustainability, and can help companies stay ahead in a rapidly changing business environment.

Interestingly, according to Gartner, many CEOs had to downgrade their growth projections because they could not supply the demand because of challenges in their supply chain.

Leaders Win Through Logistics

A quote by Tom Peters comes to mind:

“Leaders win through logistics.  Vision, sure. Strategy, yes.  But when you go to war, you need to have both toilet paper and bullets at the right place at the right time.  In other words, you must win through superior logistics.” — Tom Peters

Why Supply Chain Innovation is a Big Deal

Here are a few of the key reasons supply chain innovation is a big deal:

1. Increased competitiveness: Innovations in supply chain management can lead to improved efficiency, lower costs, and better customer service, helping companies to remain competitive in a rapidly changing business environment.
2. Improved sustainability: Innovations in supply chain management can help companies reduce their environmental footprint and become more sustainable, which is becoming an increasingly important consideration for both customers and investors.
3. Better use of data and technology: Supply chain innovations often involve the use of data and technology, such as artificial intelligence, the Internet of Things (IoT), and blockchain, to improve decision-making, increase visibility, and optimize operations.
4. More resilient supply chains: Supply chain innovations can help companies become more resilient in the face of disruptions, such as natural disasters or pandemics, by improving their ability to respond quickly and effectively.
5. Creation of new business models and opportunities: Supply chain innovations can create new business models and opportunities, such as direct-to-consumer sales, that were previously not possible, leading to new sources of growth and revenue.

Where Do Our Supplies Even Come From?

Some companies are not even sure where exactly their stuff comes from, for several reasons:

1. Lack of transparency: Some suppliers may not disclose information about their sources, either intentionally or due to a lack of transparency in their operations.
2. Complex supply chains: Supply chains can be complex, with multiple tiers of suppliers and intermediaries, making it difficult for companies to know exactly where their products are coming from.
3. Lack of resources: Some companies may not have the resources or capacity to thoroughly research and track their suppliers, leading to a lack of information about the source of their products.
4. Historical practices: In some industries, such as fast fashion, it is common for companies to work with intermediaries who source products from multiple suppliers, making it difficult to track the source of their products.
5. Lack of regulation: In some cases, there may be insufficient regulations or standards in place to ensure that companies have information about the source of their products.

#8. Big Business Trend: Sustainable Tech

“Modern technology owes ecology an apology.” — Alan Eddison

Business trend #8 is sustainable tech.

Sustainable technology refers to technologies that are designed and developed in a manner that supports sustainable development, preserving natural resources and reducing the environmental impact of technological advancements.

Sustainable technologies aim to meet the needs of the present without compromising the ability of future generations to meet their own needs. They consider the full lifecycle of a product, from production and use to disposal or recycling, to minimize waste and negative impacts on the environment.

Examples of sustainable technologies include renewable energy sources, such as solar and wind power, energy-efficient products and appliances, water conservation and purification technologies, and sustainable transportation technologies, such as electric vehicles.

Sustainable technology is seen as crucial for addressing global challenges such as climate change, resource depletion, and environmental degradation, and for supporting the transition to a more sustainable future.

Key Things to Keep in Mind About Sustainable Tech

Here are a few things to keep in mind about sustainable tech:

1. Sustainable tech is not just about the environment: While the environmental benefits of sustainable tech are well known, the impact of sustainable tech goes beyond the environment. For example, it can lead to cost savings, increased efficiency, and new revenue streams for businesses.
2. It can help bridge the digital divide: Sustainable tech can help to bridge the digital divide, providing access to technology to those who may not have had it before. This can help to increase access to education, healthcare, and other important services.
3. It is evolving rapidly: Sustainable tech is constantly evolving, with new innovations and advancements emerging all the time. From new materials to new ways of generating and storing energy, the field of sustainable tech is changing rapidly and will continue to do so in the future.

For a guide to getting started with sustainable technology, see:

Sustainable Technology in Action: How Leaders Can Achieve ESG Outcomes

#9. Big Business Trend: The Great Resignation, the Great Rethink, and the Great Renegotiation

“If you’re brave enough to say goodbye, life will reward you with a new hello.” – Paulo Coelho

Business trend #9 is the Great Resignation, the Great Rethink, and the Great Renegotiation.

Purpose and meaning become drivers for many people as they rethink their employee vs. entrepreneur paths and their life’s work.

Gig work grows as a way for people to explore their talents in the Skills Economy.

Laid off tech workers breathe new life into entrepreneurship and innovation as they find and become what’s next.

The term Great Resignation became popular as a concise way of referring to the widespread wave of resignations.

The number of resignations reached an all-time high in 2021 since 2001, with almost 47 million people leaving their jobs voluntarily in 2021, according to the U.S. Bureau of Labor Statistics (2021).

The 5Rs of the Great Resignation: Retirement, Relocation, Reconsideration, Reshuffling, Reluctance

In a Harvard Business Review article, experts opine the Great Resignation is likely triggered by five Rs:

1. Retirement – Older workers are retiring at a higher rate
2. Relocation – WFH has afforded skilled workers the opportunity to relocate
3. Reconsideration – more people have begun to re-contemplate their professional identity
4. Reshuffling – negotiation power has increased as workers switch jobs within the sector instead of leaving the labor market altogether
5. Reluctance – hesitation of returning to in-person work

The Great Rethink

As Ranjay Gulati cals it, it’s the Great Rethink.  It’s our collective search for meaning and autonomy.

And as Alina Liu, Psy.D. frames it so well:

“We challenge the meaning of work and are reshaping work culture with a changing attitude.” — Alina Liu, Psy.D.

In the article, The Great Resignation? More Like The Great Renegotiation, Greg Rosalsky proposes that more workers are quitting to get better pay and/or better treatment.

Rosalsky also suggest that inflation is a driver, as well as the pandemic that forced people to rethink their work situations.

The Great Transformation

I would say for many people I know, it’s actually leading to:

• The Great Rebranding
• The Great Reimagination
• The Great Rebounding
• The Great Response.

For me, I think of 2023 as The Great Transformation.

Either way, there’s an awful lot of greatness going on.

#10. Big Business Trend: Whole person wellness

“Keeping your body healthy is an expression of gratitude to the whole cosmos- the trees, the clouds, everything.”
– Thich Nhat Hanh

Business trend #10 is whole person wellness.

The aim of whole person health is to promote overall well-being and prevent illness, rather than just treating symptoms or diseases.

Here are the main ideas of whole person health:

• Whole person considers the entire person, rather than just their physical health.  
• Whole person health is a comprehensive and holistic approach to health and wellness that recognizes the interconnectedness of all aspects of a person’s life and seeks to promote overall well-being.
• Whole person health recognizes that mental, emotional, social, and spiritual well-being are just as important as physical health in determining overall health and well-being. 
• Whole person health also considers the individual’s values, beliefs, and spiritual practices.
• Whole person health takes into account the individual’s social and environmental factors, such as relationships, work, community, and access to resources.
• Whole person health encourages individuals to take a proactive approach to their health, by making lifestyle changes, managing stress, and seeking support when needed.

Why Mental Health is a Big Deal for Leaders

Here are some of the key reasons why mental health is considered a big deal and why promoting and protecting mental health is important for individuals and society as a whole.

1. Impacts daily functioning: Mental health affects a person’s ability to carry out daily activities and interact with others.
2. Affects relationships: Good mental health is essential for building and maintaining healthy relationships with others.
3. Coping with stress: Mental health helps individuals cope with life’s challenges and stress.
4. Fulfillment and happiness: Good mental health contributes to overall fulfillment and happiness.
5. Physical health: Mental and physical health are closely linked, and mental health problems can impact physical health.
6. Widespread: Mental health problems are widespread, affecting people of all ages, cultures, and backgrounds.
7. Economic impact: Mental health problems can result in loss of productivity, absenteeism, and disability, impacting the economy.
8. Suicidal thoughts and behaviors: Severe mental health problems can lead to suicidal thoughts and behaviors, which is a significant public health issue.

Navigating the Biggest Business Trends Reshaping the Future

You’ve seen a glimpse into the trends and developments that will shape our world over the next decade and beyond.

From the rise of AI and automation to the increasing focus on sustainability and well-being, this report provides insights you can use to navigate our rapidly changing landscape.

It is clear that the future will bring both challenges and opportunities, and that those who are prepared to adapt and innovate will be the ones who succeed.

However, it is also clear that success cannot be measured by financial or material gains alone, but must also include social and environmental impact.

As we move forward, it is essential that we keep this broader perspective in mind and work together to build a future that is sustainable, equitable, and fulfilling for all.

By embracing the trends and insights presented in this report, we can create a world that is not only better than today, but beyond what we can imagine.

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