Megatrends Economic Foresight: Middle Eastern Government 2033
A Middle Eastern government entity, the, engaged our team to develop a comprehensive economic foresight framework focused on identifying and analyzing megatrends that would shape economy through 2033. As the strategic planning arm of the government, sought to align economic, social, and climate initiatives with emerging global opportunities.
Project Brief
The client sought to establish a data-driven approach for identifying and prioritizing strategic initiatives over a 10-year horizon. The project aimed to create an actionable roadmap of economic opportunities while considering social and environmental impacts. This strategic foresight exercise was designed to inform policy decisions and government investments across multiple sectors of Dubai's economy.
Our Approach
We implemented a multi-phase methodology combining quantitative trend analysis with qualitative expert insights. The process began with extensive desk research covering diverse reports and over sources, yielding more than 1,200 signals and factoids. Our systematic approach involved signal scanning, trend synthesis, and opportunity mapping. Using proprietary frameworks, we distilled these inputs into consolidated trends, which were further refined through collaborative workshops to identify prime opportunities for government action.
Internal Workshops
The engagement featured intensive co-creation workshops with cross-departmental participation from various government entities. Workshop activities included trend validation, opportunity assessment, and initiative prioritization exercises. Participants used customized evaluation frameworks to score and rank potential initiatives, ensuring alignment with government’s strategic vision while maintaining practical feasibility for implementation.
Key Discoveries and Client Impact
The project delivered 25 high-potential opportunities and ‘initiatives’ ready for government implementation. Each initiative was comprehensively documented with actionable details, resource requirements, and expected outcomes. The final deliverable included a sustainable methodology for ongoing trend monitoring and initiative development, enabling the client team to update and expand upon the framework in subsequent years independently. This self-sustaining approach ensures long-term value beyond the initial engagement.