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The disruptive initiatives that have emerged with external partnerships have kept this sector at the peak of global Innovation. . The 2008 financial crisis was decisive. Numerous experts point to the 2008 global financial crisis as an epicenter. We’ll talk more about that in this article. State-of-the-art technology.
When disruption came for the taxi industry, the music industry, the retail industry, and others, there were usually four flashing lights that just about anyone could see. When disruption is barreling down on you, the worst place to stand is the middle of the road. Disruption is the new normal in the global, mobile, digital world.
Even in the most extreme cases where there is a perfect intersection of data, analytics, valuable metrics, and huge incentives to utilize and optimize, we see both surprising catastrophic failures, and stunning opportunites in markets. Do we understand the value of our IP and how it drives our Profit and Loss Statement (P&L)?
The truly disruptive move in K-12 education, for example, will be personalized curricula uniquely customized student-by-student. Bigdata" analytics with real-world guides let you see big-picture patterns and micro-trends with astonishing precision, in time to seize the day or head off disaster. Do you have it?
Spun out of Carnegie Mellon’s materials science research department in 2008, Aquion now employs 130 workers, manufacturing batteries to store electricity generated by intermittent renewable resources. This is the kind of technology—and the type of firm—that will make renewable energy more efficient and more cost-effective.
To add to that, business buyers must justify a decision to others in the organization, especially as capital expenditures flow less liberally in many industries since the financial crisis of 2008. Choices are often false. Aligning buying and selling is a process, not a one-shot deal.
In 2008, the president of France, Nicolas Sarkozy, convened a commission to go beyond GDP that recommended a broader “dashboard” of variables to measure the health of a nation. It would be an even bigger mistake for disruptive companies such as Amazon or Google. Academics have also joined the post-GDP party.
The financial crisis of 2008 changed neoliberalism further: the archetype of the big business CEOs, in a tailor-made suit, shifted towards the one of the tech-nerd, wearing t-shirt, jeans and sneakers, while becoming a billionaire. Everybody can make it big time, by launching their own start-up. We are all unicorns.
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