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Each year, as December fades into January, the world of business is inundated with articles and reports forecasting the trends that are expected to shape the coming year. From advancements in technology and shifting consumer behavior to evolving workplace dynamics, these insights promise to help leaders anticipate and navigate an ever-changing landscape. But is there real value in immersing oneself in these predictions, or do they merely serve as an annual ritual with limited practical impact? At its core, the value of reading about upcoming trends lies in fostering preparedness. Businesses do not operate in isolation; they are deeply intertwined with technological, societal, and economic currents. For instance, the rapid adoption of artificial intelligence and automation in recent years has forced companies to rethink not only their operations but also their strategies for talent management and customer engagement. Leaders who fail to recognize or respond to such shifts risk falling behind their more proactive competitors. Trend forecasts, while not infallible, offer a curated glimpse into the potential opportunities and challenges ahead, enabling businesses to position themselves advantageously. In the realm of strategy, staying informed about trends can serve as a catalyst for innovation. Consider the ongoing emphasis on sustainability and environmental, social, and governance (ESG) initiatives. Ten years ago, such concepts were emerging as niche concerns; today, they are integral to the success of global brands. Companies that paid attention to these nascent trends early — by rethinking supply chains, adopting greener technologies, and embedding ESG principles into their operations — are now reaping the rewards. Reading about potential trends helps managers identify areas where innovation can create competitive differentiation, whether through new products, improved processes, or stronger relationships with stakeholders. However, not all predictions are created equal. The proliferation of articles and reports about annual trends can sometimes result in an overwhelming and contradictory deluge of information. One publication may emphasize the rise of the metaverse, while another champions the return to human-centric, in-person interactions. Such disparities raise questions about the reliability of these forecasts. In some cases, trends are overhyped or lack the empirical basis needed to justify their prominence. Therefore, the value derived from reading these forecasts depends heavily on the critical thinking skills of the reader. Managers and leaders must assess the credibility of sources, evaluate the alignment of predicted trends with their specific industry, and recognize that not every trend is relevant to their context. Moreover, it is crucial to acknowledge the inherent uncertainty in predicting the future. Many trends that dominate discussions at the start of the year fail to materialize or unfold in ways that differ significantly from initial expectations. The unpredictability of global events—ranging from economic recessions to geopolitical conflicts—can swiftly render even the most well-informed predictions obsolete. For example, the COVID-19 pandemic disrupted nearly every industry worldwide, challenging previously forecasted trends and accelerating others, such as remote work and digital transformation, far beyond anyone’s expectations. This serves as a reminder that while trend reports are valuable tools, they should not be treated as definitive roadmaps. Despite these limitations, reading about trends offers an additional benefit: fostering a culture of curiosity and learning within organizations. The act of exploring emerging ideas encourages leaders and teams to think expansively, question established norms, and engage in meaningful discussions about the future. For instance, a company reading about the rise of decentralized finance (DeFi) might not immediately invest in blockchain technologies but could spark internal conversations about how to leverage digital tools for financial operations. Even when a particular trend does not lead to immediate action, the process of engaging with forward-looking ideas can stimulate creativity and long-term strategic thinking. In the competitive world of business, timing is often a decisive factor in success. Organizations that are quick to identify and act on relevant trends can achieve first-mover advantages, while those that lag may struggle to catch up. Reading about trends at the start of the year provides a temporal edge, enabling businesses to plan ahead, allocate resources effectively, and communicate their vision to stakeholders. For example, a company that anticipated the growing demand for personalized customer experiences in retail might have invested early in data analytics and AI-driven solutions, securing a stronger foothold in an increasingly competitive market. Nonetheless, it is essential to strike a balance between trend adoption and core business priorities. Overzealous pursuit of every new idea can lead to strategic dilution and resource misallocation. Companies must discern which trends align with their long-term goals, customer needs, and organizational capabilities. This requires a disciplined approach to trend evaluation, combining quantitative analysis with qualitative insights and a firm understanding of the broader industry context. In the end, there is undeniable value in reading about trends for the coming year, particularly for business and management professionals. These forecasts provide a foundation for preparedness, innovation, and strategic foresight, helping organizations stay relevant in a dynamic world. However, the real utility of such insights depends on how they are interpreted and applied. Businesses must approach trend reports with a critical eye, separating actionable insights from fleeting buzzwords, and remain agile enough to adapt when the unexpected occurs. By doing so, they can harness the power of trends not just as predictions but as tools for thoughtful and effective decision-making. The views expressed herein are his own and do not necessarily reflect the opinion of his office as well as FINEX. Reynaldo C. Lugtu, Jr. is the Founder and CEO of Hungry Workhorse, a digital, culture, and customer experience transformation consulting firm. He is a Fellow at the US-based Institute for Digital Transformation. He is the Chair of the Digital Transformation IT Governance Committee of FINEX Academy. He teaches strategic management and digital transformation in the MBA Program of De La Salle University. The author may be emailed at rey.lugtu@hungryworkhorse.com

Apple’s Vision Pro headset is an incredible piece of technology, but even Apple’s design and marketing magic convince many people to don a VR headset for an entire day. Instead, people seem more willing to use discreet wearables like Bluetooth headphones, smartwatches, and products like the Ray-Ban Meta glasses — so Apple’s headset isn’t making the waves the company would have wanted. Of course, an instant transformation of the computing landscape wasn’t exactly the point of the Vision Pro. Apple was clearly launching its headset for Apple enthusiasts, first adopters, and people who love VR. At a starting price of $3,499, the barrier of entry was just too high to expect the device to be a hit from the jump. Even CEO Tim Cook called it Nearly a year from launch, though, Apple hasn’t done enough to demonstrate why the Vision Pro should be a potential showcase of the future of computing. It’s taking a long time to put together its immersive content library, and while those are great demonstrations of what’s possible, the videos have been . There aren’t many great games, either. Yes, Apple keeps adding cool new software features. The for using a Mac display seem exceptionally useful. But those are pretty specific options for pretty specific use cases. There still isn’t an immediate, obvious reason to buy a Vision Pro the way there usually is with the company’s newest iPhones and Macs. If I bought a Vision Pro today, I wouldn’t know what to do with it besides give myself a bigger Mac screen or watch movies, and I don’t think either of those are worth the exorbitant price. It seems Apple may have already acknowledged that the Vision Pro might not be the future, either. The company has reportedly scaled back production and focused efforts on (perhaps just called Apple Vision?). If Apple still wants to make a splash in VR, the company might need to race to get its next product out the door. It can be argued that Meta has the best VR headsets and ecosystem on the market right now — and a very clear lineup for consumers to consider. Its most affordable offering is the , which has the same chip as the , meaning you can access the same experiences across both headsets. The price difference between the two largely comes down to displays and storage, and I’d argue that the cheaper Quest 3S is an excellent VR headset for most people. But like the Vision Pro, Meta hasn’t really found a way to make its headsets much more than a great way to play VR games. The , which Meta pitched in part as a headset for work, was such a flop that the company discontinued it only . , the company’s 3D social network, still feels amateur and barren, despite the company’s efforts to make it a better place to hang out. When I put on a Meta headset, I find that I just want to play games, either serious titles like or lighter fare like , where you conduct a virtual orchestra. I don’t care about the mixed reality features except to glance at my phone or computer screen to make a note or check notifications. You can make a pretty solid living selling game consoles, as Sony and Nintendo know very well, but it’s a far cry from the full-fledged computing platform Mark Zuckerberg once promised. I just don’t know if any tech company is going to crack the code on how to make VR headsets anything but solo technology. Yes, you can use VR headsets to interact with other people over the internet. But putting on a VR headset at home means I can’t look my wife in the eye; if I’m going to look at a screen, I’d prefer to look at one that we can share or that I can easily put off to the side. And even if you’re fine with VR being mostly a solo thing, VR headsets don’t fit neatly into everyday life unless you have a good amount of space in your home for them. (And hopefully your controllers haven’t run out of battery power!) Perhaps that’s why glasses seem like a much more promising option for computers that you wear on your face. Augmented reality glasses have been an aspirational goal for a long time, and you can see why. It’s much easier to make eye contact with somebody while you’re wearing glasses. Meta may have already proved that the glasses form factor works: its relatively simple , which have a camera, speakers, and look fashionable, are already . If glasses-equipped cameras do truly go mainstream, I have some concerns . But I also wrote about the immediate appeal of the tech: whenever I wear the Ray-Ban Meta glasses, I find myself snapping tons of photos because it’s so much fun to capture my point of view without holding up a phone. And because they look like regular glasses, I can walk around and most people will think that they’re glasses, unlike a VR headset, . It seems that Apple might be eyeing computer glasses as well; the company an internal study about the market. I think even glasses with some basic tech would make more sense for Apple than a VR headset, especially if they let you easily snap photos and listen to podcasts. These devices could be years off, though, meaning that, right now, Apple is stuck selling VR headsets that . Apple’s Vision Pro headset is an incredible piece of technology, but even Apple’s design and marketing magic convince many people to don a VR headset for an entire day. Instead, people seem more willing to use discreet wearables like Bluetooth headphones, smartwatches, and products like the Ray-Ban Meta glasses — so Apple’s headset isn’t making the waves the company would have wanted. Of course, an instant transformation of the computing landscape wasn’t exactly the point of the Vision Pro. Apple was clearly launching its headset for Apple enthusiasts, first adopters, and people who love VR. At a starting price of $3,499, the barrier of entry was just too high to expect the device to be a hit from the jump. Even CEO Tim Cook called it Nearly a year from launch, though, Apple hasn’t done enough to demonstrate why the Vision Pro should be a potential showcase of the future of computing. It’s taking a long time to put together its immersive content library, and while those are great demonstrations of what’s possible, the videos have been . There aren’t many great games, either. Yes, Apple keeps adding cool new software features. The for using a Mac display seem exceptionally useful. But those are pretty specific options for pretty specific use cases. There still isn’t an immediate, obvious reason to buy a Vision Pro the way there usually is with the company’s newest iPhones and Macs. If I bought a Vision Pro today, I wouldn’t know what to do with it besides give myself a bigger Mac screen or watch movies, and I don’t think either of those are worth the exorbitant price. It seems Apple may have already acknowledged that the Vision Pro might not be the future, either. The company has reportedly scaled back production and focused efforts on (perhaps just called Apple Vision?). If Apple still wants to make a splash in VR, the company might need to race to get its next product out the door. It can be argued that Meta has the best VR headsets and ecosystem on the market right now — and a very clear lineup for consumers to consider. Its most affordable offering is the , which has the same chip as the , meaning you can access the same experiences across both headsets. The price difference between the two largely comes down to displays and storage, and I’d argue that the cheaper Quest 3S is an excellent VR headset for most people. But like the Vision Pro, Meta hasn’t really found a way to make its headsets much more than a great way to play VR games. The , which Meta pitched in part as a headset for work, was such a flop that the company discontinued it only . , the company’s 3D social network, still feels amateur and barren, despite the company’s efforts to make it a better place to hang out. When I put on a Meta headset, I find that I just want to play games, either serious titles like or lighter fare like , where you conduct a virtual orchestra. I don’t care about the mixed reality features except to glance at my phone or computer screen to make a note or check notifications. You can make a pretty solid living selling game consoles, as Sony and Nintendo know very well, but it’s a far cry from the full-fledged computing platform Mark Zuckerberg once promised. I just don’t know if any tech company is going to crack the code on how to make VR headsets anything but solo technology. Yes, you can use VR headsets to interact with other people over the internet. But putting on a VR headset at home means I can’t look my wife in the eye; if I’m going to look at a screen, I’d prefer to look at one that we can share or that I can easily put off to the side. And even if you’re fine with VR being mostly a solo thing, VR headsets don’t fit neatly into everyday life unless you have a good amount of space in your home for them. (And hopefully your controllers haven’t run out of battery power!) Perhaps that’s why glasses seem like a much more promising option for computers that you wear on your face. Augmented reality glasses have been an aspirational goal for a long time, and you can see why. It’s much easier to make eye contact with somebody while you’re wearing glasses. Meta may have already proved that the glasses form factor works: its relatively simple , which have a camera, speakers, and look fashionable, are already . If glasses-equipped cameras do truly go mainstream, I have some concerns . But I also wrote about the immediate appeal of the tech: whenever I wear the Ray-Ban Meta glasses, I find myself snapping tons of photos because it’s so much fun to capture my point of view without holding up a phone. And because they look like regular glasses, I can walk around and most people will think that they’re glasses, unlike a VR headset, . It seems that Apple might be eyeing computer glasses as well; the company an internal study about the market. I think even glasses with some basic tech would make more sense for Apple than a VR headset, especially if they let you easily snap photos and listen to podcasts. These devices could be years off, though, meaning that, right now, Apple is stuck selling VR headsets that .The resurgence of the Golden Dragon Index can be attributed to a combination of factors, including improving economic data, strong corporate earnings, and a more stable regulatory environment. Additionally, the recent influx of foreign investment and a resurgence of interest in Chinese tech and innovation companies have also contributed to the index's upward trajectory.

Tragedy Strikes: 184 Killed in Gang Attack on Slum in Haiti

A deadly gang attack in Haiti earlier this week that killed two journalists and wounded seven more underscores the dangers facing journalists in a nation that has been plagued by gang violence for years. At least two journalists — including one who worked with Voice of America — were killed and at least seven other journalists wounded when armed men fired on reporters gathered for the reopening of Haiti’s largest public hospital in the capital, Port-au-Prince, earlier this week, according to media reports and the Haitian government. The Committee to Protect Journalists, or CPJ, said it was “appalled” by the attack. “We send deepest condolences to the families of those killed and call on Haitian authorities to swiftly bring these killers to justice,” a CPJ spokesperson said in a statement this week. Among those killed in the Christmas Eve attack was Marckendy Natoux, who did marketing for VOA’s Creole Service. Natoux worked for VOA’s umbrella organization, the U.S. Agency for Global Media, but also reported for various local outlets, including Heritage Express News and Boston Caribbean Network. Natoux began working for USAGM in 2022 and was dedicated to publicizing VOA Creole’s work, according to the journalist’s USAGM colleague, Iscar Blanco. “He always offered a smile to everyone and a helping hand to anyone who needed it,” Blanco told VOA. Natoux is remembered as someone who was always eager to help his colleagues and community members. Blanco recalled how Natoux was always quick to help whenever journalists needed a microphone, a cable or anything else. And on the weekend, Natoux often volunteered to help the local community, according to Blanco. “I am sure that he will always be remembered for his dedication to his work, but beyond work, for his love as a father, husband and friend,” Blanco added. Natoux is survived by his wife and two children. Jimmy Jean, a reporter with the online TV outlet Moun Afe Bon, was also killed in the Tuesday morning attack, which underscores the severe threats facing journalists working in the Caribbean nation. Seven other journalists covering the event were wounded. One police officer was killed, and another police officer was wounded in the shooting at State University of Haiti Hospital, which is known locally as the General Hospital. A local gang leader named Johnson “Izo” Andre of the Viv Ansanm, or Living Together, gang coalition posted a video on social media claiming responsibility for the attack. Members of the Viv Ansanm coalition of street gangs, which have taken control of much of the Haitian capital, surrounded the hospital and opened fire through a metal gate. The gangs later said they were angry that the government had announced the hospital’s reopening without their permission. The Haitian Association of Journalists said the attack was “a macabre scene comparable to terrorism, pure and simple.” The association also called for “authorities to act prudently in their rush to make decisions, to avoid exposing to danger the journalists and others who accompany them at their events.” In a statement posted on social media, the prime minister’s office said, “This heinous act, which targets an institution dedicated to health and life, constitutes an unacceptable assault on the very foundations of our society.” In a video statement, Leslie Voltaire, president of Haiti’s transitional presidential council, said that the shooting was “unacceptable,” adding, “This act will not remain without consequences.” “I send my sympathies to the people who were victims, the national police and the journalists,” Voltaire also said. Haiti has been rocked by severe gang violence and political instability since President Jovenel Moise was assassinated in his home in 2021 by a group of foreign mercenaries in a plot that authorities say involved elite Haitian police officers. More than 5,300 people have been killed in gang-related violence in Haiti in 2024, according to the United Nations. And more than 2,100 people have been injured in gang-related violence. Also in 2024, CPJ ranked Haiti worst in the world in terms of impunity in journalist killings. The press freedom group has documented seven targeted journalist killings in the Caribbean nation over the past decade. To date, none of those killings have been solved. “With increased violence, the dangers to journalists rise,” CPJ’s CEO, Jodie Ginsberg, told VOA in October. “Haiti being at the top of this year’s impunity index is really a reflection of that increased violence.” Haiti ranks 93 out of 180 countries on the Global Press Freedom Index, where 1 shows the best media freedom environment. Some information in this report came from The Associated Press.In conclusion, the fate of Assad in Russia remains uncertain, but history has shown us that the arc of justice can be long and complex for exiled leaders. Time will tell what lies ahead for Assad as he navigates the complex web of international politics and legal challenges.

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