Let’s face it, running a business in today’s world is a formidable endeavor: change and disruption have become the new norm. In an effort to keep up, innovation is at the top of every executive’s priority list and new innovation methodologies, training and strategies are available every day. But is all the hype really helpful while Western businesses and policy-makers are working under an outdated paradigm?
In his new book, Platform Disruption Wave, Haydn Shaughnessy says that modern enterprises need to explore a new way of doing business—one that embraces continuous improvement, self-learning, horizontal structures and diversified ecosystems, rather than individual achievement and the hero’s journey. If they fail to do so, the U.S. and Europe will start to see a major power shift to the East, and not in 20 years time—this process has already begun and the effects are at our doorstep.
Read the full Blog about A New Disruptive Paradigm at Innovation Management.
The future is hard to predict and a lot of “experts” regularly get it wrong. However, there are some facts so important and trends so inevitable that leaders would be ill-advised to ignore and not try to anticipate. Here are three of many future megatrends that will not necessarily determine what will happen, but will most likely have a big impact on everybody’s business in the coming years to decades.
This is one of the only indicators that cannot lie about the future: Tomorrow, we will all be older than we are today!
Some of the major changing tides of demography may have important political, economic, and potentially military consequences. For example: what are the implications of Russia having a life expectancy of 59 versus 61 for Bangladesh?
“Infrastructure will need to be redone and rethought, creating a lot of openings for building and technology innovators.”
Looking to another part of the world, a number of analysts are betting that China, the most populous country on the planet, will take up some demographic slack and be the growth engine of the future. I wouldn’t be so sure about that. While today’s generation may be relatively prosperous, the country’s one child policy is beginning to take its toll; smaller numbers of the next generation will have to support a much more massive pool of aging citizens just like in the so-called developed countries.
Here is not the end. Read full Blog here>> Three Megatrends that will Affect Everybody’s Business
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