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The Megatrend method is a technique for identifying long-term societal and technological developments that can serve as a foundation for innovation processes and strategic planning. By examining relevant megatrends, new business models, product ideas, or change processes can be derived.
A trend describes the development and change of specific phenomena over a period of time. By recognising trends, transformation processes from the past to the future can be understood. Megatrends are long-term, profound changes that affect various social and economic sectors. Examples of such trends include digitalisation, sustainability, individualisation, and New Work. As trends also influence the world of work, relationships, and consumption, they can serve as inspiration for new ideas. In the Megatrend method, the social and technological impact of these trends is analysed, and new opportunities for innovation are derived from them.
https://www.zukunftsinstitut.de/dossier/megatrends/