The Money Show’s Bruce Whitfield interviewed Ian Mann, MD at Gateways Business Consultants, who reviewed “No Ordinary Disruption: The Four Global Forces Breaking All the Trends” by Richard Dobbs, James Manyika and Jonathan Woetzel.
Listen to the audio for detail and/or scroll down for the description on Amazon.
Our intuition on how the world works could well be wrong.
We are surprised when new competitors burst on the scene, or businesses protected by large and deep moats find their defenses easily breached, or vast new markets are conjured from nothing.
Trend lines resemble saw-tooth mountain ridges.
The world not only feels different. The data tell us it is different.
Based on years of research by the directors of the McKinsey Global Institute, “No Ordinary Disruption: The Four Forces Breaking all the Trends” is a timely and important analysis of how we need to reset our intuition as a result of the following four forces colliding and transforming the global economy:
The rise of emerging markets.
The accelerating impact of technology on the natural forces of market competition.
An aging world population.
- Accelerating flows of trade, capital and people.
Our intuitions formed during a uniquely benign period for the world economy—often termed the Great Moderation. Asset prices were rising, cost of capital was falling, labour and resources were abundant, and generation after generation was growing up more prosperous than their parents.
But the Great Moderation has gone.
The cost of capital may rise. The price of everything from grain to steel may become more volatile. The world’s labor force could shrink. Individuals, particularly those with low job skills, are at risk of growing up poorer than their parents.
What sets "No Ordinary Disruption" apart is depth of analysis combined with lively writing informed by surprising, memorable insights that enable us to quickly grasp the disruptive forces at work.
For evidence of the shift to emerging markets, consider the startling fact that, by 2025, a single regional city in China—Tianjin—will have a GDP equal to that of the Sweden.
Or that, in the decades ahead, half of the world’s economic growth will come from 440 cities including Kumasi in Ghana or Santa Carina in Brazil that most executives today would be hard-pressed to locate on a map.
What we are now seeing is no ordinary disruption but the new facts of business life— facts that require executives and leaders at all levels to reset their operating assumptions and management intuition.
James Ferguson, author of “Give a man a fish”, talks about his book and the rise of social welfare programs in southern Africa.
We interview the editor of “Africans Investing in Africa”, a book on the success (or lack) of intra-African investments.
We interview Dr Greg Mills, co-author of "How South Africa Works", about his book on SA’s economic achievements and challenges.
We interview the author of a famous book on the Pretoria Boys High graduate who is changing the world (and space beyond) forever.
A book about Alibaba, a company founded by a schoolteacher in his tiny apartment, now trumped only by Google in size.
We review Walter Isaacson’s (author of bestselling biography of Steve Jobs) new book on the history of our Digital Revolution.
We interview the author of a terrifying new book on the rise of the US Military-Internet Complex. Big Brother is watching...
We review “The Gen Z Effect: The Six Forces Shaping the Future of Business”. It’s a hopeful, brave new world. Generations unite!
Gill Marcus calls it “one of the most important books of this century”. 5 thought leaders debate Thomas Piketty’s tour de force...
Ndlozi explains the significance of the the first chapter of his thesis: 'Trauma in the archives'.
The Money Show’s Bruce Whitfield interviews Steinhoff International Chairperson Christo Wiese.
Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.
Urologist Dr Shingai Mutambirwa says penile curvature is only a concern if it impedes a man's ability to have penetrative sex.
The EFF lawyer stole the show during the state capture report court battle.
Bruce Whitfield interviews the remarkable Wiese (net worth R100 billion!) about how it all began and where it’s going.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?