HOBOKEN, NJ, 9 October 2006 — Dinar Standard, a business strategy e-magazine, released its list of top ten opportunity trends for the private/corporate sector of the 57 OIC (Organization of the Islamic Conference) member countries.
The purpose of this analysis is to identify key opportunity trends shaping the corporate landscape of the OIC member countries over the medium-term (5-10 years). From the emerging capital markets and venture capital culture to the opportunities related to Web 2.0 social networks and unprecedented global connectivity, the ten trends broadly cover macro-economic, demographic, social, management, and technology developments. These trends provide the greatest opportunities for business leaders of the OIC member countries in attaining market leading positions locally, regionally, and even globally.
“Just as the most innovative companies of the world — both old and new; from Google and MySpace to Proctor & Gamble and Samsung, have build their competitive advantages by capitalizing on change, the new generation of business leaders from the Muslim world stand to make a similar mark by leveraging the opportunity trends identified in our analysis,” states Rafi-uddin Shikoh, editor of Dinar Standard.
The top ten opportunity trends are as follows:
1. Shift of global economic activity to the East (India , China, Intra-OIC)
2. Innovation driven global competition
3. Demographic changes in age distribution, urbanization and family size in the Muslim World
4. Women’s increased participation in corporate productivity
5. Web 2.0 social networks create unprecedented global connectivity
6. The growth of Muslim consumer market segment (halal, Islamic finance, etc.)
7. Access to talent drives global competitiveness (attracting global talent and the professional diaspora)
8. Family-business traditional structures seek modern practices
9. Capital markets and venture capital culture emerges in the Muslim World
10. On-Demand Software, Open Source, wireless, Nano & Bio technology.
