6A - Identifying Opportunities in Economic & Regulatory Trends

Economic Trend: Climate change is causing more natural disasters

·       Source: https://www.thebalance.com/top-usa-future-economic-trends-3305666

·       An opportunity definitely exists here. The opportunity is to find better ways to fight climate change. There are so many things we can do on a daily basis that would help prevent climate change, therefore decreasing the number of natural disasters.

·       Everyone living on planet Earth would benefit from this opportunity.

·       This opportunity may be relatively difficult to exploit because it is very hard to get be to change their lifestyles and the things they do.

·       I saw this opportunity because I know how bad climate change is becoming. Global warming is at an all time high. This increases the chances of hurricanes and other storms.

Economic Trend: Baby boomers aren’t retiring

·       Source: https://www.thebalance.com/top-usa-future-economic-trends-3305666

·       I see an opportunity here to help the baby boomer generation retire. This generation is taking away jobs from the current generation of workers. If we can get them to retire, there will be a lot more available jobs out there.

·       Anyone in the workforce would benefit from this opportunity.

·       This opportunity many be relatively difficult to exploit because there is such a large number of people to deal with.

·       I saw this opportunity because I know how difficult it is to find a jobs. Getting the baby boomer generation to retire will result in a huge increase in the number of available jobs.

Regulatory Change: Entry-level driver training

·       Source: https://www.truckinginfo.com/340546/5-federal-trucking-regulatory-changes-in-the-works

·       I see an opportunity here to increase the required training for beginner commercial drivers. This will make the roads much saver by hopefully decreasing the number of accidents.

·       Anyone who drives on the road would benefit from this opportunity.

·       This opportunity will probably be relatively easy to exploit because it wouldn’t be difficult to provide more training for people.

·       I saw this opportunity because I know how dangerous commercial vehicles can be on the roads. I seen people get killed because the driver of a big commercial truck was not properly trained.

Regulatory Change: Increased cybersecurity

·       Source: https://advisory.kpmg.us/articles/2018/ten-key-regulatory-challenges-of-2019.html

·       I see an opportunity here to further increase the level of security in the online world. Preventing people from hacking in to private online information in a priority.

·       Anyone who uses the internet would benefit from this opportunity.

·       This opportunity might be kind of difficult to exploit because cybersecurity is very complicated and requires the skills of extremely knowledgeable individuals.

·       I saw this opportunity because it seems that more and more people are figuring out how to hack into cyber space. Private information is being accessed by dangerous people. It is time to put a stop to this.