The speed and scale of technological change threaten incumbents, large and small. Companies without a process for engaging with the future place themselves at even greater risk. In this paper, we explore the impacts of – and responses to – specific technologies and sectors, looking at 3D printing and logistics, and Internet of Things (IoT)/robotics and agribusiness.
We believe that any company, of any size, in any sector, can reduce the complexity of disruption by looking at interdependencies in financial, business and operating models.
This means having practical discussions and brainstorming the implications of technology with your financial, commercial and operational teams. With the right strategic framework, you can paint a useful picture of the near future and capture innovative ways forward.
We interviewed senior corporate leaders, academic industry specialists, startup founders and KPMG strategists. Some of the key issues discussed are:
Don’t fall into the technology trap – investing in a technology without understanding how it sits within your overall strategy leads to expensive mistakes. Executed well, our process should provide any business with a specific call to action unique to its circumstances.