8 years ago I listened to Peter Weill present ‘Place to Space’ at the MIT CISR summer sessions. What really impressed on me at the time was the clarity with which he outlined the high level transition businesses would face over the next few years.
Around the same time I also saw F. Warren McFarlan from Harvard Business School talk about the stress of the industrial revolution as integration of new technology created industrial giants and killed off old businesses, professions and trades.
My conclusion?
I expected the same radical shifts during this ‘Information Revolution’, change that would completely reinvent some professions and industries.
What happened?
Things moved slower. ‘Place to Space’ is perhaps even more important now than 8 years ago. Why? Because while some businesses have understood this change and have reinvented the way they do business others have stuck it out – business as usual.
Business as usual can not last.
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