ASK A BOARD FUTURIST: WHAT TRENDS DO BOARD OF DIRECTORS MEMBER CONSULTANTS RECOMMEND TRACKING IN 2024 AND 2025?

Based on board futurist consultants’ and future trends experts’ recent findings advising executive teams and boards, pros foresee consulting forecasters being in high demand in 2024 and 2025 as organizations scramble to prepare for an influx of emerging issues. With technology transforming rapidly and societal changes unfolding, make no bones about it. The most proactive companies will tap board futurists to identify strategic opportunities and risks.

Climate change initiatives, AI governance and renewable energy transitions will require that board futurists provide guidance to directors on long-term investments, policy positions and sustainability planning. By outlining predictive models and regulatory shifts, advisors can aid governance over essential corporate transitions needing cross-functional oversight.

Similarly, board futurists will be instrumental in helping boards adapt to Web3 applications, metaverse integration and quantum computing advances that promise to revolutionize consumer behavior and infrastructure needs over the next decade. By scanning the horizon for what’s ahead, experts afford foresight allowing directors to examine risks through an appropriate lens.

On top of it, leading futurists in 2024-2025 will need to stress test organizational resilience in the face of global instability. Economic volatility, supply chain stress, health security threats and a host of geopolitical wild cards will demand board futurists provide scenario planning reflecting interconnected risks that boards must mitigate via collective strategy.

As demographic changes continue accelerating across markets, directors will rely on external advisors to determine optimal structures and partnerships for reaching emerging consumer bases worldwide. Mapping generational shifts and contextual nuances will allow board futurists to guide internationalization efforts critical for growth.

Also, top names in the field will be counted on to spotlight acceleration rates across industries so boards can realign capital needs, talent pipelines and operating models accordingly. By clarifying where legacy processes fail to match market velocities, board futurists afford insights so governance priorities evolve apace.

Entering 2024-2025, top picks as external consultants will combine analytical modeling with intuitive judgement to drive board consciousness of what lies ahead competitively.