'Indisputably, disruption is still the most powerful trend that is impacting the business continuity of a modern company in the 21st century landscape. The current spectrum of traditional genres and degrees of innovation may not be adequate. In practice, innovations must be done repeatedly, sustainably and scalably – the intent is not to replicate yesterday’s success but to create tomorrow’s success today.'
In a technology-driven and digital world, companies must operate with a new set of assumptions and principles in order to remain relevant, competitive, and successful. Consider the growing number of startup companies that are doing something that once seemed unthinkable: challenging and disrupting traditional corporate giants, and the many large and highly successful businesses that are operating as ‘platforms’. The re-organisation of companies into platforms is now seen as the optimum way to succeed in this digital age. These 21st century firms leverage on networked technologies to facilitate economic exchange, transfer of information, connecting people and making predictions. These “community-driven” companies are already disrupting multiple industries, including retail, hotels, taxis, etc., and are aggressively moving into new sectors, such as financial services.
How are these disruptive forces blowing up business models around the world and will they bring upon dramatic changes to the boardroom?
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