“Imagine. You lead a large basic-resources business. For the past decade, the global commodities supercycle has fueled volume growth and higher prices, shaping your company’s processes and culture and defining its outlook. Most of the top team cannot remember a time when the business priorities were different. Then one day it dawns on you that the party is over. 

Or imagine again. You run a retail bank with a solid strategy, a strong brand,  a well-positioned branch network, and a loyal customer base. But a growing and fast-moving ecosystem of fintech players—microloan sites, peer-to- peer lenders, algorithm-based financial advisers—is starting to nibble at your  franchise. The board feels anxious about what no longer seems to be a marginal  threat. It worries that management has grown complacent…”

Contributors: McKinsey & Company
Categories: SIG U Resource, Whitepaper
SRC Type: Disruptive Digitization