No Ordinary Disruption: The Four Global Forces Breaking All by Richard Dobbs
By Richard Dobbs
In No traditional Disruption, the administrators of the McKinsey worldwide Institute, the flagship imagine tank of the world’s best consulting enterprise, McKinsey & corporation, dive deeply in the back of present headlines to investigate the most important forces reworking the worldwide economic climate over the subsequent decades—and most significantly, to provide an explanation for what enterprise and executive leaders have to do to reset their intuitions and benefit from the disruptions forward. freed from jargon and gimmicks, choked with anecdotes, facts, and photos, expert through deep event, No usual Disruption is geared toward a extensive viewers of center and senior point managers, traders, and coverage makers.
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Extra resources for No Ordinary Disruption: The Four Global Forces Breaking All the Trends
INTUITION RESETS 5. THE NEXT THREE BILLION: TAPPING THE POWER OF THE NEW CONSUMING CLASS 6. REVERSING THE CYCLE: RESOURCE OPPORTUNITY 7. END OF AN ERA: FAREWELL TO INCREASINGLY CHEAPER CAPITAL? 8. THE JOBS GAP: OVERCOMING DISLOCATION IN THE LABOR MARKET 9. FROM MINNOWS TO SHARKS: RISE OF NEW COMPETITORS AND A CHANGING BASIS OF COMPETITION 10. POLICY MATTERS: CHALLENGES FOR SOCIETY AND GOVERNANCE CONCLUDING THOUGHTS Acknowledgments Notes Selected Bibliography and Further Reading Index AN INTUITION RESET MANAGING A COMPLEX ORGANIZATION ISN’T EASY IN THE BEST OF times.
In recent decades, there’s been a significant shift. Instead of a series of lines connecting major trading hubs in Europe and North America, the global trading system has expanded into a complex, intricate, sprawling web. Asia is becoming the world’s largest trading region. 19 Global capital flows expanded twenty-five times between 1980 and 2007. 20 These three types of connections all paused during the global recession of 2008 and have recovered only slowly since. But the links forged by technology have marched on uninterrupted and with increasing speed, ushering in a dynamic new phase of globalization, creating unmatched opportunities, and fomenting unexpected volatility.
20 Never before has so much of the world’s population been as fully engaged in the global economy. The first movie, the first taste of fast food, the first experience with the Internet, the first comprehensive medical checkup, the first bank account: these are all primarily urban experiences. Tommy Xu grew up in a farming village outside Shanghai and remembers picking frogs out of rice paddies to sell. His village has long since been subsumed by Lujiazui, Shanghai’s gleaming new financial district, which is studded with high-rise towers, parks, and malls.