Identifying Opportunities in Economic & Regulatory Trends


  • Economic trend - Baby boomers aren't retiring when expected
    • Source: https://www.thebalance.com/top-usa-future-economic-trends-3305666
    • I believe this means an opportunity exists because it's a problem economically that baby boomers aren't retiring and there has to be a solution to the problem that would help the economy. 
    • The most likely customer for this opportunity are the baby boomers.
    • The opportunity would probably be difficult to execute because the solution would be very complicated since we can't force baby boomers to retire and it would cost too much to provide them with a sufficient retirement fund.
    • I saw this opportunity because it's very relevant that baby boomers are not retiring and I've seen it firsthand that many people from that generation don't have a good enough pension package that they have to continue working into their 70's.
  • Economic trend - Growing income inequality
    • Source: https://www.weforum.org/agenda/2017/09/global-competitiveness-report-2017-trends/
    • I believe this means an opportunity exists because it's an economic problem that is dividing our economy and creating more inequality among US citizens. 
    • The most likely customer for this opportunity are middle and lower class citizens.
    • The opportunity would be not extremely difficult to solve because the problem is middle class jobs disappearing, so one solution might be big companies creating more of an opportunity for the middle class. 
    • I saw this opportunity because I've read a lot about the growing income inequality in our country and about people who are affected by this and need change to fix it.
  • Regulatory trend - An opportunity to allow funding for Planned Parenthood to continue
    • Source: https://www.govtrack.us/congress/bills/115/hr354
    • I believe there is an opportunity here because Planned Parenthood is an important resource for women who cannot afford other healthcare that they might need and it's a problem that the government is trying to stop its funding.
    • The most likely customer for this opportunity would be women in their teenage years, twenties, thirties, forties, etc.
    • This opportunity would be easy to fix because it would involve not passing the bill to defund planned parenthood.
    • I saw this opportunity because I am a female in my 20's and I emphasize with women who wouldn't have access to healthcare that they might desperately need. 
  • Regulatory trend- Paid sick leave and minimum wage policies at local and state levels
    • Source: https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html
    • I believe there is an opportunity here because it would make employees of companies very happy with new benefits.
    • The most likely customer for this opportunity is employees who make around minimum wage.
    • This opportunity could be easy to fix because we would just need to pass a law that raises the minimum wage, but also could be difficult because many businesses cannot afford to pay their employees much more.
    • I saw this opportunity because I personally believe that the minimum wage is too low and it's not nearly enough for people to pay rent, buy food, and possibly support a family.

Comments

  1. UnknownFebruary 4, 2018 at 12:52 PM

    Hi Emily, very good job following instructions and finding trends that have opportunities. You have opened my eyes to many opportunities that I was unable to think of on my own. I also agree that minimum wage is too low and there is a big opportunity there. Overall, great job.

    ReplyDelete

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