4 things Millennials need to navigate the Fourth Industrial Revolution. In an essay on the Fourth Industrial Revolution, Klaus Schwab writes that ongoing technological innovations "will change not only what we do but also who we are," and that the "list is endless because it is bound only by our imagination. " His examples range from those that very few comprehend (Artificial Intelligeance and biotechnology) to those which are now ubiquitous (smartphones). Crucially, however, is Professor Schwab's view that "Constant connection may deprive us of one of life's most important assets: the time to pause, reflect and engage in meaningful conversation.
" It is a refreshing observation - one not generally captured by self-professed technology enthusiasts - and is a topic worth examining as communication becomes increasingly instantaneous. Although technology provides the world with many opportunities, Millennials must navigate a world where fast and superficial supersede consideration and depth. We now live in a world where it is virtually impossible to disconnect.
People. Democracy Earth. The Industries That Are Being Disrupted the Most by Digital. We’re at a critical time for the digital economy. Digital is no longer the shiny front end of the organization – it’s integrated into every aspect of today’s companies. As digital technologies continue to transform the economy, many leaders are struggling to set a digital strategy, shift organizational structures, and remove the barriers that are keeping them from maximizing the potential impact of new digital technologies.
Every year, Russell Reynolds Associates surveys more than 2,000 C-level executives on the impact, structure, barriers, and enablers of digital technologies across 15 industries. The barometer below shows the percentage of executives surveyed who responded that their business would be moderately or massively disrupted by digital in the next 12 months, broken down by industry. Unsurprisingly, the most disrupted organizations were B2C, with media being the most disrupted and telecoms and consumer financial services close behind. 1. 2. 3.
Creativity.