We all have an idea about the two important economic revolutions, agricultural revolution and industrial revolution, that have changed the world. We were exposed to these concepts when we were very young. Yet, someone (President of DEC) claimed there were no reason anyone would want to buy a computer in their home, not foreseeing the information revolution.
Although we have read a lot about the impacts of agricultural and industrial revolution, and we have seen the information revolution grow, did we take any lessons?
Three strong words are arising: bits, genes and nano. These three words will shape the way we live, work and learn while disrupting many industries. It all boils down to the simple, yet vital question: Where do you see your company in the next fifty years?
Only through such organizational outlook can businesses find new not only defensible positions, but also offensive positions that will make use of one or more of the trends in the long run.
