Project Main Details
Stark differences still exist, of course, but the old order is rapidly changing. The global distribution of wealth established since the industrial revolution is reversing, as nations like Brazil, Russia, India, and above all, China, continue rapid growth. And those countries aren’t alone.
This historic shift affects market segments across every sector: presenting both fresh opportunities and challenges. Significant strides have been made in reducing extreme poverty over the past twenty years, bringing a billion more people into lower-middle class lifestyles. Reaching and serving this group, while addressing mounting pressures on sustainability, food production, water, and natural resources, becomes more imperative every day.
So, what do these global trends mean for businesses? Well, these exploding numbers of new players, along with the exponential development of connective technologies, are transforming the way businesses work and collaborate, worldwide. These possibilities enable innovation to spring from anywhere. New social media could be the humble beginnings of the next great global enterprise.
That means leadership is changing. Global giants emerge across all sectors with unique backgrounds, legacies, and strengths...as well as unique challenges. Individual corporate leaders, even entire C-suite teams, are forced to take on new responsibilities, evolving their capabilities and priorities to align their far-flung enterprises.
The truth is, the world is changing, and leaders are tasked with the challenge to ensure their business adapts along with it.
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