Why the E&C 2020 scenario project?
The World Economic Forum 2006 CEO Survey for the Engineering & Construction Community showed that there is significant change going on in the business environment this community is operating in, underlining the need for a long-term, multistakeholder, industry-wide approach to deepen insights into the future of the E&C industry. Historically, the E&C industry is not a shaper, but responds to the needs of its customers. And most E&C companies plan strategically three to five years out, where most risks are already defined and tracked. By looking ahead to 2020, and considering forces that are not yet on the radar screen, companies can not only be better prepared but also more proactive in shaping the future of capital projects development. To gain a better understanding of the possible outcomes, along with the key trends and events that might shape them over the coming years, the World Economic Forum and its Engineering & Construction Community set out to develop scenarios on the future f
