In recent years, technology, and the data that drives technological breakthrough, have been shattering, disrupting and reshaping entire industries. Experts agree that the velocity of this change is growing exponentially, and the results of our survey support this.
12% of companies believe that their industry is currently being ‘disrupted’ by technology and, on average, companies expect that it will be just 4 years until their industry is significantly disrupted.
Similarly, companies say that they will cease to be competitive in an average of 5 years if they don’t undertake a business transformation in response to this disruption. Corporate leaders in China believe they have an even shorter window – just three years.Resilience Barometer 2019 (247 downloads)