When I think about the future of business, the behavior of consumers gives me serious pause. Their demands are changing how we do business—even how we innovate. I know we’ve heard this before. But something’s quite different. The digital era is like nothing we’ve ever experienced before. It’s going to play a role in everything. […]
A whopping 59 percent of manufacturers expect their company’s strategy to change as a result of real-time information in the next three years. That’s in just three years. But what about the years after that? Our team developed The Business World in 2025 report with the Global Center for Digital Business Transformation, an IMD and […]
Four of today’s top ten incumbents—in different industries—will be displaced by digital disruption in the next five years. Four! This stat has kept me up at night. Which organizations will thrive? Which will cease to exist? How can organizations successfully navigate the digital age? I believe it begins with the right strategy to stay ahead […]
Digitization is impacting companies in every industry as business leaders implement digital technologies and processes to transform all aspects of their operating models. Yet, even with the growth and innovation that digitization will drive, many people fear it will eliminate jobs at a record pace. In addition, by 2020, four in 10 industry incumbents will […]
These are especially difficult times for the retail industry. For starters, several of retail’s marquee names announced store closings or layoffs following a disappointing holiday sales season. Retailers simply haven’t...
Today, industries are colliding and recombining in new ways. These collisions are yielding new competitive forms. A new paper from the Global Center for Digital Business Transformation (DBT Center), a joint initiative between IMD and Cisco, calls this ‘Value Vampires’ and ‘Value Vacancies.’ Value vampires are companies whose competitive advantage actually shrinks overall market size. […]
