"We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before. We do not yet know just how it will unfold, but one thing is clear: the response to it must be integrated and comprehensive, involving all stakeholders of the global polity, from the public and private sectors to academia and civil society."
Klaus Schwab, Founder and Executive Chairman, World Economic Forum
That technological revolution is known as the Fourth Industrial Revolution. A plethora of macro forces are converging - and this is placing intense pressure on organisations and the leaders at their helm.
Many experienced business leaders may be tempted to understand these advancements as the linear progression of the technological changes we've seen in the latter half of the twentieth century. However, evidence suggests that the speed, scope and impact of change will go beyond anything we've encountered before.
Against this backdrop, BIE carried out a survey of over 150 business leaders, to find out how they are responding to the current disruptive environment.