1. UNDERSTANDING THE NEW NORMAL
Higher interest rates
Slower economic growth
Increasing numbers of retirees
Less consumption; more saving
A more diverse population
A shift in the balance between private and public sectors
More uncertainty in our personal & national futures
2. APPRECIATING NEW CONDITIONS AND HOW THEY EFFECT SMALL BUSINESS
Chronic government deficits & cuts in service
Worries about how to pay for past promises
Creative destruction/disruptive innovation will change the way we deliver services
3. RECOGNIZING A WHOLE NEW WAY OF LOOKING FOR OPPORTUNITIES
Future economic growth will depend increasingly on increasing productivity and less on labor force size.
Education has been the key to productivity and prosperity.
Future productivity increases will depend on decisions and the investments we make now. Public sector productivity growth will be essential.
"I skate to where the puck will be,not to where it has been." - Wayne Gretzky