1. The rise and rise of eSports
Online gaming has been a massive industry for years but the segment of eSport is rising at a rapid pace. As technology further develops, we are also starting to see an integration between physical participation in activities and the virtual world, which present potential opportunities for traditional sports. Take this week’s British Virtual Racing Championships held on the popular online training platform @Zwift which will see British Cycling award a virtual national jersey to the winner and will be broadcast live on TV.
Could this convergence of gaming and physical activity see new markets attracted to participate in sport and physical activity? What opportunities does this present for traditional sports? Keep an eye out for a future article where I will explore this in a lot more detail.
2. Five questions Directors should be asking about digital capability.
Every organisation has been or is being affected by digital transformation. In a recent survey of the not for profit sector, only 54% of respondents indicated that their information technology systems work well for them. https://bit.ly/2FefOwp Directors with responsibility for the strategic governance of organisations need to be digitally aware to ensure they are adding value to the organisations digital strategy. Here are five starting questions for Directors to be asking their management teams
1. What is it we really do? What strategies and actions are we pursuing to achieve our ambitions, and how will they contribute to building a sustainable competitive advantage?
2. What technologies could impact our business?
3. What are the risks of maintaining the status quo?
4. Do we have the right people on board to achieve our digital ambitions
5. Are we investing enough resources (human, financial) into digital technologies?
3. Australia’s top 20 cities in 2054
Writing in The Australian, Bernard Salt talks about the predicted populations of Australia’s 20 biggest cities in 2054, and compares this to the top 20 cities in 1954 and as they were in 2018. The total population is expected to increase from the current 25 million to 39 million. At the top end, Melbourne is set to overtake Sydney as Australia’s most populous city at just under 9 million people. In the article, Bernard proposes that while the major capital cities will continue to grow from the shift to knowledge work, cities such as Geelong (intercity commuting) and Ballarat and Bendigo (urban overspill) will feature in the top 20 as people seek the benefits of a regional life but within reach of capital cities, creating an increasing demand for upgraded intercity commuting infrastructure. The full article is behind a paywall but can be found here https://bit.ly/2Wwen0S.