TOO MUCH SPEED, TOO MANY SURPRISES, TOO LITTLE TIME TO DECIDE
Some business models are under siege today, and every model will be under siege in the next five to ten years. Consider what has happened to the pharmaceutical model and overlay those changes on any industry you choose. Think about the financial services industry and how it has failed to deal effectively with the complexity of financial instruments and credit—and about the price that has been extracted since September 2008. What will happen if the price of oil continues its wild fluctuations, or if the focus on alternative fuels such as ethanol drives the price of corn even higher than it is as of this writing? On top of all this, more players from around the world will be entering ...
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