Today’s exponential pace of disruption means companies have now entered a period of unprecedented change. Rapid advancements in emerging technologies, including Quantum computing, Generative AI, Web3, robotics, 5G and the Metaverse Continuum, are transforming industries, enabling new business models and reshaping traditional ways of working and living.
Our Global Disruption Index—a composite measure that covers economic, social, geopolitical, climate, consumer and technology change—shows that levels of disruption increased by 200% from 2017 to 2022. In comparison, the Index rose by only 4% from 2011 to 2016. As such, companies now face a permanent state of change at a pace never seen before.
To navigate this complex and dynamic business environment, executives will need to harness the five key forces of change:
- Embracing and executing a Total Enterprise Reinvention
- Accessing, creating and unlocking Talent
- Leading in Sustainability
- Capturing the power of the Metaverse Continuum
- Leveraging the Ongoing Technology Revolution
Each of these five forces is distinct and reflects profound change across the business. They are also deeply intertwined. One alone is not enough. In combination, companies can use them to dramatically change the ways they work, engage and transact—and transform, accelerate growth and thrive over the next decade.