No Ordinary Disruption

No Ordinary Disruption

The Four Global Forces Breaking All the Trends

Book - 2015 2015
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Our intuition on how the world works could well be wrong. We are surprised when new competitors burst on the scene, or businesses protected by large and deep moats find their defenses easily breached, or vast new markets are conjured from nothing. Trend lines resemble saw-tooth mountain ridges.

The world not only feels different. The data tell us it is different. Based on years of research by the directors of the McKinsey Global Institute, No Ordinary Disruption: The Four Forces Breaking all the Trends is a timely and important analysis of how we need to reset our intuition as a result of four forces colliding and transforming the global economy: the rise of emerging markets, the accelerating impact of technology on the natural forces of market competition, an aging world population, and accelerating flows of trade, capital and people.

Our intuitions formed during a uniquely benign period for the world economy--often termed the Great Moderation. Asset prices were rising, cost of capital was falling, labour and resources were abundant, and generation after generation was growing up more prosperous than their parents.

But the Great Moderation has gone. The cost of capital may rise. The price of everything from grain to steel may become more volatile. The world's labor force could shrink. Individuals, particularly those with low job skills, are at risk of growing up poorer than their parents.

What sets No Ordinary Disruption apart is depth of analysis combined with lively writing informed by surprising, memorable insights that enable us to quickly grasp the disruptive forces at work. For evidence of the shift to emerging markets, consider the startling fact that, by 2025, a single regional city in China--Tianjin--will have a GDP equal to that of the Sweden, of that, in the decades ahead, half of the world's economic growth will come

from 440 cities including Kumasi in Ghana or Santa Carina in Brazil that most executives today would be hard-pressed to locate on a map.

What we are now seeing is no ordinary disruption but the new facts of business life-- facts that require executives and leaders at all levels to reset their operating assumptions and management intuition.
Publisher: New York : PublicAffairs, [2015] ♭2015
ISBN: 9781610395793
Branch Call Number: 337 DOB 2015
Characteristics: vi, 279 pages : illustrations

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StarGladiator
Jun 16, 2015

This book truly epitomizes the defintion of farce! McKinsey Global Institute has led the way [and yes, they are affiliated with McKinsey and Co. regardless of how they are financially structured] in the offshoring of American, Euro and Japanese jobs, but especially American jobs. These authors are part of the group which has designed and produced the problem, so now they cash in by writing about the problems incurred. A monopoly of radical evil. With a real 40% unemployment and underemployment rate in America, not honestly that different from Spain, Greece, Portugal, Italy, France, et cetera [the government simply lies more in the USA], the aim is apparent: to meet the profits of the senior banks and the corporations they own.

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