Each generation experiences significant change due to innovations, disruptions, and shifting perspectives. These transform our ways of operating and organizing in business and beyond. Yet, it seems we’re now living in a particularly dynamic period, with metamorphic shifts that challenge what we do and the way we do it. Our sense of purpose is challenged every day, and wholly new ways of creating and delivering value are demanded of us.
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More than half the world’s population is now younger than 30 years old. Two generations have grown up with the internet. It doesn’t take a degree in anthropology to notice that the world is very different today than it was 30 years ago.
Uber, the world’s largest ride-sharing company, owns no vehicles; Facebook, the world’s most popular media owner, creates no content; Alibaba, the most valuable retailer, has no inventory; Airbnb, the world’s largest accommodations provider, owns no real estate. The powers behind institutions and ownership are being challenged by the empowering effect of the network.
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