Global Forces versus Progress


Excerpt from McKinsey:

The next three tensions highlight accelerating industry disruption. Digitization, machine learning, and the life sciences are advancing and combining with one another to redefine what companies do and where industry boundaries lie. We’re not just being invaded by a few technologies, in other words, but rather are experiencing a combinatorial technology explosion. Customers are reaping some of the rewards, and our notions of value delivery are changing. In the words of Alibaba’s Jack Ma, B2C is becoming “C2B,” as customers enjoy “free” goods and services, personalization, and variety. And the terms of competition are changing: as interconnected networks of partners, platforms, customers, and suppliers become more important, we are experiencing a business ecosystem revolution

http://www.mckinsey.com/Business-Functions/Strategy-and-Corporate-Finance/Our-Insights/The-global-forces-inspiring-a-new-narrative-of-progress?cid=other-soc-twi-mip-mck-oth-1704&kui=wIVA_hNPGqV2TX9tnQel3Q

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