Based around a compilation of his popular Schumpeter columns, Adrian Wooldridge takes a look at the forces that are disrupting today's fast-moving business world.
The disruption has many causes: the internet's rapid spread; the challenge from emerging markets in innovation and manufacturing; clever management techniques that are forcing companies to rethink strategy; robots advancing from the factory floor into the service sector; and much more. These developments are shaking business and social life to its foundations, producing a new set of winners and losers, and forcing everyone to adapt and change.
The Great Disruption explains:
- The forces that are disrupting today's business world, and the management gurus that predicted them.
- Who are the winners and the losers, and how institutions have tried (and often failed) to change.
- How classic management problems, such as talent management, distribution, and outsourcing persist, but with a new twist.
- What the future holds for companies, universities, competition and society.
It also reminds us why Joseph Schumpeter's ideas about creative destruction are particularly valuable today.