Step2
Measure each megatrend impact: • directly in terms of the:
– cost to government (i.e. revenue attrition or expense pressure) or
– opportunity for government (i.e. improving service delivery economy, efficiency or effectiveness).
• indirectly in terms of the whole nation and the key responsibilities of government:
– economic prosperity
– security
– social cohesion
– environmental sustainability.
Step3
Identify and assess the range of policy, regulatory and program shifts that can:
• slow or extend the timeframes over which megatrend impacts could be absorbed, accommodated or dispersed
• mitigate the magnitude of the megatrend impacts on both the direct cost to government or the indirect impacts to the broader nation, economy and society