Text 30 Aug The Driving Forces of Change

It’s essential to provide strategic guidance to the innovation process, so in this chapter we take a look at six essential forces that are driving the changes that are occurring across much of today’s world.  While these may not be the most pressing issues for your company, chances are that some combination of them will have huge influence on your situation, on the strategic choices you make, and thus on your approach to innovation.

Driving force #1:  commoditization

Driving force #2:  the digital revolution

Driving force #3:  social mediaization throughout society

Driving force #4:  globalization

Driving force #5:  the turbulent world

Drriving force #6:  acceleration (or running faster to stay in the same place)

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