Joseph Schumpeter pointed out that the competition that should keep businesspeople awake at night is not that from his rivals cutting prices, but that of entrepreneurs making his products obsolete. If you agree you’re in the right place.

Corporations and the managers that work in them are accustomed to a future that arrives slowly and can be responded to when the time comes.

Historically the pace of change has been measured and it has been more important to optimize existing businesses than to find or respond to disruptive new ones. Incremental innovation has been the sweet spot for corporate success. Skills in finance, accounting, customer interaction and operations have been the enablers of personal performance.

This is no longer always true.

Technologies are increasing in power exponentially and transforming businesses and industries overnight. Blockbuster, Borders, the Yellow Pages Group and Kodak have become the poster children for obsolescence in the face of technological change.

Advanced technologies and disruptive models are now beginning to turn additional sectors on their heads. Industries as diverse as financial services, healthcare, manufacturing, transportation, education and law are about to experience the same technology enabled disruptions that publishing and retail brethren have seen already.

What’s a director, corporate executive, manager, or public policy maker to do?

Paul and his associates consult with established businesses that hope to lead in these innovative new areas or reinvent themselves to defend against fast moving and well financed start-ups. We also advise policy makers regarding technological trends and their likely economic, employment and social consequences.

Whether the audience is a board of directors, corporate strategy group, senior executive, or auditorium of employees or customers, Paul and his associates can assist in education, decision making and planning. Saying it another way, we act as the lobbyists for your technology enabled future.

Current Priority Research Areas

Exponential Technologies and the Changing Nature of Competition

In a world that is changing faster than ever before and at an accelerating rate what’s a mature firm to do to compete and win? The answer begins with understanding exponential technologies and the changing business models they enable.

Intrapreneurship; Leveraging Startup Best Practices in Mature Firms

We believe that mature firms should choose a ‘best of both worlds’ option for innovation and growth. They should borrow best practices from start-ups and global technology giants while at the same time leveraging their existing capabilities and resources.

Artificial Intelligence for Business Decision Makers

It’s becoming clear that Artificial Intelligence is a transformative new general-purpose technology. Following in the footsteps of other GPT’s such as the printing press, steam engine, electricity and microprocessor; AI algorithms have the potential to radically transform employment, productivity and society. Business decision makers need to mitigate underlying risks and invest appropriately to drive future competitive advantage.

Big Data

New big data technologies and the categories of unstructured and high velocity data that they provide access to are adding a new dimension to decision making and enabling competitive advantage.

Internet of Things

Since the dawn of silicon valley the defence, integrated circuit, PC, Internet and Social waves have each launched multi-decade eras of innovation and industry transformation. The internet of things is the next wave beginning now and will transform most sectors of the economy with manufacturing, retail, health and energy leading the way.

Platforms

One of the major developments of the internet era has been the establishment of powerful platforms that consumers use every day. Whether it be the longer established Facebook, Amazon, Netflix, Google, Alibaba and Baidu or the more recent internet mediated marketplaces Uber, Airbnb and the like these platforms are changing the economics of competition and society.

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