Truths and consequences - Four drivers of change that threaten business as usual
There are four new “truths” of the marketplace that are shaping the future of business. Visible all around us yet rarely considered as a group, they are powering waves of innovation coursing through every sector.
As their impacts spread, they are lowering barriers to entry, unlocking opportunities, and increasing the likelihood of new competition—and business model disruption—for incumbent firms. Could yours be next?
You know the world is changing—globalization, shifting regulatory requirements, and the emergence of cryptocurrencies are just a few of the developments and trends that the financial services industry has seen. Certainly, there is no lack of information on trends that are shaping the marketplace.
But what if you could see some of the longer term patterns behind the day-to-day events that are covered in the business press—the how and the why behind these trends and developments? Then you would have a leg up on the key leadership challenge memorably stated by the German philosopher Arthur Schopenhauer: “The task is not so much to see what no one yet has seen, but to think what nobody yet
has thought about that which everybody sees.”
Even better, it could help you respond more effectively to an ever-changing world. Viewing these trends and strategic risks through a different lens can help you draw more powerful and useful conclusions and—it is hoped—help you manage threats not just to day-to-day operations, but the even more dangerous threats that can potentially disrupt your organization’s business model.
Inside magazine issue 9, June 2015
Inside is Deloitte’s quarterly magazine offering an exclusive insight into best practices, trends and opportunities faced by our clients across all industries.
Inside focuses on the main hot topics relevant for the market (Asset management, Banking, Insurance, Public sector, Healthcare, Private equity, Real estate, TMT, Manufacturing and consumer business, Transport and logistics).