Assignment 6-Identifying Opportunities in Economic & Regulatory Trends

· Regulatory change #1

o An opportunity to increase outdoor recreational facilities for children.

o Source: https://www.govtrack.us/congress/bills/115/hr3186

o I believe this opportunity exists because the attempt of establishing the “Every Kid Outdoors Act” will lead to a need for more places for kids to go exercise. If every child is going to want to go out and get more active there will need to be more recreational areas for kids to do just that. I believe they would also be more enticed to go out and exercise if they had a fun place near them to do so.

o I think the most likely customer for this would be cities themselves, who’s legislative body could hire playground construction companies to build areas for children to go out and play on.

o I think this could be difficult to exploit just because working with cities to approve and hire people, as well as figure out zoning for certain playground/ recreational areas can be a lengthy process.

o I saw this opportunity because in order to make an act like “Every Kid Outdoors” happen there needs to be proper facilities in local areas all over the country. On a personal level, being healthy and staying active is very important to me so reading about this act helped me to discover this opportunity.





· Regulatory change #2

o An opportunity to increase types of cybersecurity software for businesses.

o Source: https://www2.deloitte.com/us/en/pages/regulatory/articles/securities-regulatory-outlook.html

o I believe this opportunity will exist because although it is not a specific regulation yet, there have been many regulations centered around the cyber world of companies and businesses which has led to an increase need of regulation of security of this “cyber world”. This security will be crucial to the success of certain companies as well as result in peace of mind for many stakeholders and customers.

o I think the most likely customer for this opportunity will mostly be large corporations and businesses who need to protect their clients/stakeholder’s information from being leaked to the public. Even though they would be the main customer, I believe that small businesses would also benefit from a regulatory change in cyber security. Although they don’t have as many customers as larger businesses, they still are concerned with protecting their customers information.

o I think this opportunity will be easy to exploit for the most part, I believe there is a big demand for it so it will generate a lot of profit.

o I saw this opportunity because of the recent events that have been going on recently. Such as ICloud being hacked (in other words not well secured) as well as the recent scandal with Facebook. Therefore, in light of today’s activities this issue is relatively easy to see.



· Economic trend #1:

o Work force demographics are changing

o Source: https://commercial.jpmorganchase.com/pages/commercial-banking/executive-connect/six-key-economic-trends

o I believe there is an opportunity here because since many baby boomers are nearing retirement age there is a whole new market of young and more diverse employees entering the job market. Also, because of this trend the workforce is predicted to grow faster over the coming years than in the past, creating a tremendous opportunity.

o The customer for this is young adults now entering the workforce and changing the demographics in today’s workplace.

o Exploiting this opportunity will be easy because of the wide pool of young, diverse individuals who will be searching for jobs while simultaneously changing the demographics in the US workforce regardless of outside conditions.

o I saw this opportunity because my dad is a baby boomer who is retiring from his company this year which made this trend stick out to me. I have been able to see first-hand how the younger generation is going to be taking over the work place in the coming years.



· Economic trend #2:

o Industry growth in Europe and Japan is predicted to increase heavily this year.

o Source: https://commercial.jpmorganchase.com/pages/commercial-banking/executive-connect/six-key-economic-trends

o There is an opportunity here because the growth in these countries will have significant implications on the economy of the US in regard to exports, overseas competition, and currency exchange. It also will create opportunities in the industrially maturing countries.

o The customer for this will be global businesses in the Unites States that are involved in trading, exporting, or importing.

o This will be an easy opportunity to exploit, granted that’s these countries actually do end growing industrially, because many businesses will pick up on this and take advantage of it.



o I saw this opportunity because it was evident that it was almost a cause and effect. The cause being Europe and Japan gaining an economic advantage and the effect being the US increasing global business ties.