Global companies like Apple and Google have adapted their business operations and product strategies in response to macro trends in several ways. For instance, they have embraced digital transformation, investing heavily in technology and innovation to stay ahead of the curve. They have also focused on sustainability and corporate social responsibility, recognizing the growing importance of these issues to consumers and stakeholders. Additionally, they have diversified their product portfolios and entered new markets to mitigate risks and capitalize on new opportunities. These strategies have enabled them to remain competitive and resilient in a rapidly changing business environment.
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Micro trend cycles have gotten exponentially shorter in recent years as our attention span became a fragile thing of the past. For businesses, especially consumer goods businesses, keeping up with micro trends usually entails being in sync with the latest lingo and aesthetics, basically nothing that a marketing campaign can't tackle. But when it comes to macro trends, the stake is a lot higher and the influence spreads farther. Macro trends can sometimes force companies to do a full pivot and re-envision its business operations and product strategies entirely.