11. Talk About A (Digital) Revolution

BUSINESSES TRADITIONALLY HAVE TENDED TO DEVELOP SCENARIOS AND FORECASTS BASED ON ONE YEAR AND FIVE YEAR PERIODS. BUT IN JUST THIRTY MONTHS TIME, WHEN MILLENIALS WILL MAKE UP HALF THE WORKFORCE FOR THE FIRST TIME, THERE WILL BE OVER 3 BILLION EMAIL USERS AND 75 BILLION DEVICES CONNECTED TO THE INTERNET. ARTIFICIAL INTELLIGENCE WILL BE EVEN SMARTER, AND VIRTUAL AND AUGMENTED REALITY WILL IN FACT BE AN EVERYDAY REALITY WITH REVENUES EXCEEDING US $15 BILLION, AND THIS IS LESS THAN THREE YEARS AWAY. NO WONDER SO MANY BUSINESSES ARE STRUGGLING WITH ADAPTING TO AND PREPARING FOR THESE CHANGES AND WHY 91% OF EMPLOYEES BELIEVE THEIR COMPANY WILL NO LONGER BE COMPETITIVE BY 2020 IF IT STAYS IN ITS CURRENT FORM. SO HOW CAN COMPANIES MANAGE THE DIGITAL TRANSFORMATION (OR IS IT ALREADY TOO LATE?)