Presentation about how to bring the assessment of Mega Trend into the identification of emerging risks and development of a resilience business.

1. Future-Planning – Mega Trends
Are your organisations ready for the Mega Trends
coming up over the next 15 years?
17 May 2017
Bronwyn Friday, Head of Risk

2. MEGA
TRENDS
emerging risks
resourcesOpportunity
Threats
socialsocialsocialsocial
advantage
corporates
government
consequences
Big Data
InternetofThings
energy
change
future
RESILIENCE
Community
Psychology
ecology
networks
Organisations
Adaptation
Adaptability
Dynamic
responsiveness
CHANGE
resistance
recovery
attitude
BRONWYN
FRIDAY
Marsh
GE
Powercor
Foster’s
John Holland
AusNetServices
RISK
Projects
Continuity
Crisis
Builder
Frameworks
strategic
planning
decisions
systems
process
improvement
training
Management
Emergency

3. Different Mega Trends

4. Types of available research

5. Mega Trends – for Construction Industry
Demographic &
Social
Infrastructure
Resources
Allocation
Future Cities
Economic
Changes
Technology Advances
Change Age
Profile Pandemic
Office of
Future
Resource
Scarcity
Climate
Change
Energy
Transition
Fossil
Fuel
Mgmt
Urban
Mining
Predictive
Maintenance Decaying
Infrastructure
Sinking Cities
Rapid
Urbanisation
Vertical
Cities
Moving
East
Nationalisation
Liquidity
Crisis
Internet of
Things
Big DataNanotechnology
Robotics
Autonomous
Vehicles
Virtual Reality
3D Printing
Cyber
Terrorism /
Attacks

6. 3D Printing & Robotics in Construction
3D printing expected to enter construction industry in 2020’s
3D printing is a computer-driven manufacturing technology used for producing the
final product from digital model by laying down successive layers of materials
3D printing begins with
creating a digital model of
the objective, usually
using CAD software
The 3D printer slices
model into numerous
digital cross-sections, and
automatically builds the
model using materials like
thermoplastics.
The final 3D printed
objective is then cleaned
to remove overhanging
materials and is polished
for final use.
BIM
Building Information Modelling
5D computer modelling
that adds Time and Cost
to the 3D model
Robotics
Bringing robotics onto the
construction sites to
manufacture / construct
key building elements
Frost & Sullivan 2016

7. Big Data
Frost & Sullivan 2016
Digital storage is doubling every 18 months
• In 2014, we produced more data in one year than the whole of human
history
Big Data contains both:
• Structured data
• Databases
• Systems
• Unstructured data
• Social media
• Video / audio What does it mean for Power Industry?
Customer Data
• Usage patterns
• Generation and storage requirements
• System designs – stranded assets
• Mini Grids
• Emergency Responses
Asset Data
• Predictive Maintenance – replacement costs
• Asset lifecycle management – audit regimes

8. Assessing Mega Trends

9. Linkage to Emerging Risks
Taking Macro into the Micro:
Trigger Points
Review of when Mega Trends
are expected to impact
Linkage to
Strategic
Objectives
Mega
Trends
Selection of
trends that
impact your
business
Key
Positive &
Negative
Impacts
Emerging
Risks
Threats & Opportunities
How bring Mega
Trends into Strategic
Planning

10. Rating of Emerging Risks

12. Is your organisation resilient to its
Emerging Risks?
Resilience Definitions
• Networks – ability to maintain acceptable level of service in face of
challenges
• Engineering – properties to absorb unexpected energy and reform
• Psychology – positive capacity of people to cope with adversity
• Organisations – ability of a system / company to adapt to significant
changes

13. What is it to be resilient
Resilience is not only Crisis Management
It is whole of organisation’s ability to:
• Resist – can the organisation absorb the impact and positively move
forward
• Recover – the speed and degree of recovery to original status
• Re-orientation – ability to change direction and adapt
• Renew – can the recovery head towards growth
What resilience looks like (Martin, 2012)

14. Resilience Journey
17 May 2017 14
Crisis
Management
Business
Continuity
Emergency
response
Strategic
Management
Risk
Management
Supply
Chain
Mgmt
Asset
Mgmt
Scenario
Stress Testing
Learnability
Compliance
Decision
Making
Processes
Values
Culture
Relationship
Mgmt.
Behaviours
Creativity
Innovation
People
CapabilityInfrastructure
& Technology
Capability
Financial
Mgmt.
Leadership

15. Resilience Indicators
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Leadership
& Culture
Networks
Change
Ready
Leadership
Staff
Engagement
Situation
Awareness
Decision
Making
Innovation
& Creativity
Partnership
Resource
Capability
Knowledge
Management
Breaking
Silos
Alignment
Embedded
Strategies
Readiness
to Move
Stress
Testing

16. Questions?
17 May 2017 16