Effective Transitions Planning in 2024

Effective Transitions Planning in 2024, Espace Stratégies

When engaging in strategic planning discussions with our clients, we often highlight ongoing major transitions and inquire about how they are factoring these into their development vision. How does your organization or business address current transitions? Here are some of our perspectives for the beginning of this year:

1/ Demographic Transition: Quebec has experienced a rapid aging of its population, leading to significant imbalances in the labour market. Additionally, there has been a substantial increase in the population, driven by both immigration and birth rates. This population growth adds pressure to municipal, community and social services, impacting housing availability, workforce dynamics, as well as individual and goods mobility. Where does your organization stand amidst these changes? How do we envision the evolution of these phenomena and their impacts?

2/ Ecological and Climate Transition: The acceleration of extreme weather events necessitates quicker adaptation to emerging risk factors, alongside evolving regulations and concerns regarding greenhouse gas emissions. How do we comply with new policies, adapt best practices and select from the array of innovative solutions offered?

3/ Digital/Technological Transition: Artificial intelligence, notably ChatGPT, has made a remarkable entrance into the workplace, and this is just the beginning. The impact of this technology, enabling the generation of written, visual and auditory content, is starting to be felt across creative, educational and analytical domains. This may disrupt these sectors, causing shifts in work methods and job landscapes. In 2024, the unavoidable question arises – what portion poses a threat to your organization and what portion presents an opportunity?

Analyzing our ecosystem through the lens of these three major transitions helps us better grasp the driving forces affecting each of our organizations. Better understanding leads to better action!

Happy New Year 2024!