Chapter 1. Fast-Paced Change – Threat or Opportunity?
This chapter deals with the impact of fast-paced change and the need for enterprises to reorient themselves to not only deal with change, but leverage the opportunities arising from it.
The chapter will explore the following topics:
- The significance of the fourth industrial revolution
- The impact of fast-paced change
- Change as an opportunity
The significance of the fourth industrial revolution
The world has been through multiple industrial revolutions. The first one was about mechanizing manufacturing, the second about scaling manufacturing, and the third about automating manufacturing and harnessing the power of information technology. Each of these revolutions has taken the world to the next level ...
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