It’s not going to be a pretty year ahead, unless you’re in the “doom and gloom” business. As one of the “risk guys,” I’m in a sweet spot for the year ahead, but I don’t think I have a lot of company. I believe a lot of businesses are going to retrench even more deeply, hoarding capital and waiting for some semblance of stability in terms of business regulation. I don’t believe that stability will be forthcoming, which means that the money that has been holed up for several years now will begin to find its way off shore.

This makes for an interesting year ahead for the folks outside the States and outside the EU (both of which are in for a very daunting year), as countries outside those environs will be seen as the new horizons on the business development front. Countries that have been seen as Third World or backward will come to the fore, and nations that were not considered forward-thinking will suddenly become the darlings of the corporate globe. Looking for opportunity? Pick a country with modest infrastructure and lax regulation. Looking for the bigger opportunity? Find a way to help them leverage the modest infrastructure they have. Those opportunities will be the gems.

And yes, once again, I believe we’ll all have flying cars.

[Editor's Note: This post is part of the annual "Cutter Predicts ..." series.]

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Carl Pritchard

Carl Pritchard is a Senior Consultant with the Cutter Consortium's Business Technology Management practice. A recognized author and lecturer, Mr. Pritchard has traveled the globe speaking on the opportunities presented by risk management.

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