Disruptive technologies: Advances that will transform life, business, and the global economy

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McKinsey Global Institute publishes study on innovations that will transform life, business, and the global economy

We are in an ever changing parade of new innovations on numerous fronts. Just about every development in technology is charged as a leap forward, and we are constantly looking for the “next big thing”. However, not every upcoming innovation will truly be able to influence the business or social landscape, but some of them might be disruptive for existing conditions and change the way we live and work. As such it is important as a business leader to comprehend which technologies will matter to them and how to prepare for changes.[/vc_column_text][vc_separator][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][vc_column_text]

Disruptive technologies: Advances that will transform life, business, and the global economy. (McKinsey Global Institute)

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[vc_row][vc_column width=”1/1″][vc_column_text]The fundaments of the consultancy’s business plans have basically not altered in more than 100 years: Sending outcasts, smart and agile, into associations for a limited time and asking them to propose solutions for the most troublesome issues their customers had to solve. Some experienced specialists have been questioned by a team of researchers and they sneered at the assumption of a coming disruption in their industry, noting that customers will always be confronted by new challenges,thus giving consultants a reason to exist. Their response is reasonable, in light of the fact that two variables—opacity and agility—have long made consultants resistant to disruption.[/vc_column_text][vc_separator][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][vc_column_text]

In “Consulting on the Cusp of Disruption” (Harvard Business Review, Oct. 2013), Clayton Christensen, Dina Wang & Derek van Bever point out the coming disruptive changes in the world of management consulting:

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The digital divide in the U.S.: Nearly 20 per hundred of U.S. mature individuals don’t use the Internet. That entails that approximately 60 million persons, numerous of them aged, poor and minorities, have no access to technology most people increasingly consider mission-critical to modern life.

The New York Times’ had an intriguing story on that occurrence, which lays out some of the programs policymakers have endeavoured to use to get persons online. But who are these 60 million persons not online and are they offline by alternative or circumstance?

Internet adoption has more or less flatlined in latest years, as asserted by facts and numbers from the Pew Internet and American Life Project. As of the center’s last survey in May, somewhere between 81 and 85 per hundred of U.S. mature individuals were online. The number with household Internet access is notably lower — about 72 out of 100, as showed by the Census Bureau.

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