Even some of the upstarts are now getting disrupted. WeWork have changed their name to The We Company and going beyond providing desk space and into creating residential and educational units as well. This is a direct result of fending off fierce competition in shared office space business.

The habits of consumers are changing rapidly – whether it is what they are eating and drinking, how they are buying goods and services, where they are buying from, how they are commuting and where they are living. All this is making every industry look at their products and services and examine all aspects of their operations. If they want to grow and stay relevant, they have to adopt.

Are the goods and services they are selling relevant? Is how they are selling relevant? How quickly can they pivot from where they are to where they need to go? What empirical data do they have in real time to justify pivoting from one position to another?

Let’s face it, Digital Transformation is real no matter what industry you are in. Part of that transformation needs to be focused on agility and pivoting at a moment’s notice. All of that requires planning and analyzing data that is relevant, trustworthy, timely, and available. Only then can you make decisions based on empirical data and not on gut instinct.

Companies that are embracing the changes are rethinking everything about their business and making the necessary adjustments and growing. Others are burying their heads in the sand and hoping this is a passing fad that goes away so they can return to the good old days. Look how well that has worked out for Sears, Toys R Us and others.

“Are you going to grow and stay relevant or just fade away? The choice is obvious…”A thought, even a possibility, can shatter and transform us.” – FRIEDRICH NIETZSCHE

Even some of the upstarts are now getting disrupted. WeWork have changed their name to The We Company and going beyond providing desk space and into creating residential and educational units as well. This is a direct result of fending off fierce competition in shared office space business.

The habits of consumers are changing rapidly – whether it is what they are eating and drinking, how they are buying goods and services, where they are buying from, how they are commuting and where they are living. All this is making every industry look at their products and services and examine all aspects of their operations. If they want to grow and stay relevant, they have to adopt.

Are the goods and services they are selling relevant? Is how they are selling relevant? How quickly can they pivot from where they are to where they need to go? What empirical data do they have in real time to justify pivoting from one position to another?

Let’s face it, Digital Transformation is real no matter what industry you are in. Part of that transformation needs to be focused on agility and pivoting at a moment’s notice. All of that requires planning and analyzing data that is relevant, trustworthy, timely, and available. Only then can you make decisions based on empirical data and not on gut instinct.

Companies that are embracing the changes are rethinking everything about their business and making the necessary adjustments and growing. Others are burying their heads in the sand and hoping this is a passing fad that goes away so they can return to the good old days. Look how well that has worked out for Sears, Toys R Us and others.

“Are you going to grow and stay relevant or just fade away? The choice is obvious…”A thought, even a possibility, can shatter and transform us.” – FRIEDRICH NIETZSCHE

Even some of the upstarts are now getting disrupted. WeWork have changed their name to The We Company and going beyond providing desk space and into creating residential and educational units as well. This is a direct result of fending off fierce competition in shared office space business.

The habits of consumers are changing rapidly – whether it is what they are eating and drinking, how they are buying goods and services, where they are buying from, how they are commuting and where they are living. All this is making every industry look at their products and services and examine all aspects of their operations. If they want to grow and stay relevant, they have to adopt.

Are the goods and services they are selling relevant? Is how they are selling relevant? How quickly can they pivot from where they are to where they need to go? What empirical data do they have in real time to justify pivoting from one position to another?

Let’s face it, Digital Transformation is real no matter what industry you are in. Part of that transformation needs to be focused on agility and pivoting at a moment’s notice. All of that requires planning and analyzing data that is relevant, trustworthy, timely, and available. Only then can you make decisions based on empirical data and not on gut instinct.

Companies that are embracing the changes are rethinking everything about their business and making the necessary adjustments and growing. Others are burying their heads in the sand and hoping this is a passing fad that goes away so they can return to the good old days. Look how well that has worked out for Sears, Toys R Us and others.

“Are you going to grow and stay relevant or just fade away? The choice is obvious…”A thought, even a possibility, can shatter and transform us.” – FRIEDRICH NIETZSCHE