Don't ask, "Who's gonna eat our lunch?"
Ask instead, "Who else's lunch can we eat?"
Anarchy is coming. Decentralization is accelerating, and technology is facilitating the trend. Nobody trusts traditional institutions or authority figures anymore. Bitcoin, open source, Uber, social media, and the Arab Spring are all examples of anarchy in action. Tomorrow's leaders need to understand these trends if they wish to thrive in a decentralized world.
Washington University estimates that 40% of Fortune 500 companies will no longer exist in ten years. That represents an enormous threat to existing corporations, but it's an even bigger opportunity for those companies who are poised to take their place. When faced with disruptive innovation, most companies and their executives default to a defensive posture. That's the wrong approach. Stay on offense and learn to thrive amidst anarchy
About the Author:
Patrick Schwerdtfeger is a business futurist specializing in technology trends including big data, artificial intelligence and blockchain. He's an award-winning author and full-time professional speaker, and has spoken at hundreds of conferences all around the world. Learn more at PatrickSchwerdtfeger.com.