Centre for London and London & Partners invite you to a seminar on Thursday 3 October 2013, to discuss the rise of new corporate giants based in the emerging world, and the implications of this shifting corporate landscape for London. Coffee will be served from 08.15 for a prompt 08.30 start.
Today, there are 8,200 large companies worldwide with revenues of $1 billion or more, and we expect another 7,500 companies of this size to emerge by 2025. Seven out of ten are likely to be based in emerging regions.
Over the next 12 years, the global leaders in many industries may be companies we have not yet heard of, based in cities that we could not pinpoint on a map. This trend will usher in an era of heightened corporate competition for markets, resources and talent. Cities themselves will face intense competition to host these new companies. Today, three-quarters of large company headquarters are still based in developed regions. The company landscape of 2025 will feature some surprising new business hubs as the winners emerge.
As the long-time dominance of Western companies enters a new and disruptive era, we very much hope you will be able to join us for a discussion on a topic of deep importance to London.