How to stop complexity overwhelming your business

  • The level of uncertainty about the future is on the rise.
  • How can boards and senior executives forecast what will happen and plan accordingly?
  • This article outlines the steps to take to put structure around managing uncertainty and break it down into manageable pieces.

By 2025, autonomous vehicles will account for around ten per cent of sales, ride-sharing will be more common than privately owned car trips, there will be 76 billion internet-connected devices, people will produce their medicines at home, global temperatures will continue to rise, and technology will have replaced many jobs, with a third of audits being done by AI.

By 2050, AI and automation will have replaced most of today’s jobs and unemployment will be soaring, space travel will be commonplace, embedded technologies will enhance human intellectual capabilities, renewables will be the common form of power generation and traditional banks will have been replaced by creative fintechs that will disrupt global economies.

These are just some of the predictions that a quick search of the internet throws up.

Will they all come true? Probably not (at least not in the form or timeframes currently imagined). Will some come true? Absolutely … but which ones and what shape they will take, no-one can be certain. 

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