The effects of the second machine age will be at least as big as the industrial revolution

How ecosystems are disrupting entire industries ← Back to playlist

The Next Generation of digital consumers are driving disruption in every industry. This revolution has both social and technological components as people rapidly adopt cheap consumer tech for work and play. Even non-digital businesses must react to these profound changes in consumer behavior as the next generation increasingly exert decision rights over every aspect of their lives. In this feature our experts reveal the scale of change and discuss new business strategies for the networked economy. The rules for success have changed. Strategic business plays are now much more important than old thinking about internal efficiencies and strategy execution.

Uber is a new kind of taxi service that uses smartphone app technology to connect with customers. It is disrupting the taxi industry across the world. Even though the company was only founded in 2009 it is already valued at US18.2 [...]

Traditionally business has focused on its own internal capabilities and value chain and taken that out into the market. But today there are so many capabilities outside in the marketplace, (like cloud services) so you need to look first to the outside world to find networks, resources [...]

The Connected Economy has come about because of incredible developments in computer technology. These innovations are drastically changing the business world. There is a new emphasis on connecting with each other and building relationships. This is not the first big change in our history, it mimics the changes of the