Editorial by Managing Director Alexander De Beir
Everything changes…
and that’s good news!
What better way to begin the new year than by sharing insights from leading scientists and opinion leaders who not only envision the future but also highlight the opportunities it presents?
Professor of Economics Koen Schoors (Ghent University) recently made headlines with his book “Everything Changes… and Gets Better!” (Borgerhoff & Lamberigts). In it, he describes how, roughly every 70 years, our world reaches a turning point that brings profound organizational change. Schoors argues that genuine transformation requires three generations to take root—and that moment is now. He predicts significant progress through the rise of a circular economy, a partial regionalization of global trade, and the positive potential of AI (while acknowledging its darker sides).
Schoors also highlights how demographic transitions will shift power dynamics in favor of workers and contractors. As the proportion of active workers declines, their bargaining power is set to grow. On many levels, our societies will undergo radical change, whether we like it or not. Yet Schoors remains optimistic: humanity’s collective intelligence and adaptability will make us more resilient and better equipped to face the future.
This sentiment is something interim managers are already familiar with, as they thrive in environments of constant transition and transformation.
Europe: well-positioned for the future
Despite the naysayers, Schoors reminds us that Europe is uniquely equipped to handle change—and even lead it. Far from being in decline, the “Old Continent” sets trends in critical areas. From the free movement of people and goods to robust climate policies (including CO₂ taxes), Europe has taken steps that other regions will inevitably need to follow to secure a livable future for coming generations.
The American political scientist Francis Fukuyama recently echoed this sentiment in an interview, boldly stating: “Europe is not doomed to decline.” While Fukuyama is known for his controversial book The End of History and the Last Man, his assessment of Europe’s resilience continues to hold global influence. (https://www.lepoint.fr/monde/francis-fukuyama-le-second-mandat-de-trump-sera-pire-que-le-premier-17-12-2024-2578119_24.php#xtmc=fukuyama&xtnp=1&xtcr=1)
To support his argument, Fukuyama cites a report by economist and former ECB president Mario Draghi (https://commission.europa.eu/topics/strengthening-european-competitiveness/eu-competitiveness-looking-ahead_en) over, which highlights Europe’s strong competitiveness. The report emphasizes how Europe is united in its pursuit of inclusive economic growth, focusing on sustainable competitiveness, economic security, strategic autonomy, and fair competition.
Draghi’s vision is clear: Europe aims to create an environment where businesses thrive, the planet is protected, and everyone has an equal chance to succeed. Through its focus on sustainable competitiveness and strategic autonomy, Europe is actively shaping a fairer and better world.
Resilient and independent
The latest OECD report also underscores the resilience of the global economy in uncertain times. While challenges persist, global growth is expected to remain stable, and inflation is projected to decline further.
The report also highlights the crucial role of the self-employed in driving economic growth. Their ability to innovate quickly and adapt to market shifts positions them as key players in shaping the future.
Innovation and adaptability will undoubtedly be the engines of tomorrow’s economy. Personally, I can’t wait to see what lies ahead. How about you?
