- Title
- Possible futures of the atmospheric gases industry towards 2035
- Creator
- Reddy, Kelly
- Subject
- Gas industry
- Date Issued
- 2019
- Date
- 2019
- Type
- Thesis
- Type
- Masters
- Type
- MBA
- Identifier
- http://hdl.handle.net/10948/43031
- Identifier
- vital:36730
- Description
- Technological advancements in recent years have led to a disruptive phenomenon. In a world that is undergoing rapid change, it is important for the industry to understand that what they do today will determine if they will exist tomorrow. The fourth industrial revolution, also known as Industry 4.0, is gaining momentum with each passing day, and this will change every aspect of our lives. The world will see a transformation which will impact upon many industries and in some cases, replace them. The atmospheric gases industry needs to understand the impact the fourth industrial revolution will have on it and act or risk becoming obsolete. Futures studies is used in this study, to provide insight into the future of the atmospheric gases industry toward 2035. Futures studies is the study of the possible, probable and preferred futures and the worldviews and myths that underlie them. It seeks to use the future, how it is imagined, thought about and realised, to change the present. Work in futures studies aims to use the future before disruption takes place. It starts to predict and look at emerging issues to anticipate what could potentially happen. If this is not done, the business stays in a “business as usual” way of operating. This works only when the world is stable. When the world undergoes change such as technological, economic or geopolitical change, this disrupts organisations and gets them to start thinking about how they can survive. Through the understanding and application of the six pillars of futures studies which take one through the mapping of the present and future, anticipating the future, timing the future, deepening the future, creating alternatives to the present and finally, transforming the present, fresh insights are uncovered. These insights are used to provide strategic direction toward the preferred future for the atmospheric gases industry as well as providing an understanding of future emerging markets which the industry can capitalise on. Scenarios are developed to guide the industry to carry out what is required today, to create their preferred future. New ways of thinking about the future is needed for the industry to face the challenges and take hold of the opportunities that Industry 4.0 comes with.
- Format
- xvi, 128 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
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