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It would mean a fundamental shift in the way that companies do business in the richer world. In this Future Perspective, we examine the arguments and outline the ways in which businesses need to change their thinking if they are to succeed in a low-growth world.
The term tailwinds describes some condition or situation that will help move growth higher. For example, falling gas prices will help a delivery company be more profitable. Lower gas prices is said to be a tailwind for the freight services industry. Headwinds are just the opposite. Its a situation what will make growth more difficult. For example, if the price of beef goes much higher, McDonald's is facing headwinds.