Organisations require a dramatic change in strategy to respond to new market-shaping forces. You need to pivot your business model, while at the same time making the most of your well-known brand and client relationships.
Unfortunately, you’re up against some very well-funded start-ups. According to Crunchbase, as of the third quarter of 2017, both deal and dollar volume are at record highs since the dotcom bubble. With the number of venture funding rounds projected at 6,146, and US$60.17 billion invested in that quarter, year-on-year this represented an increase of roughly 50 per cent.