Think Globally
12min2020 AUG 29
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The rise of emerging markets, the disruptive impact of technology, an aging world population, accelerating flows of trade, capital and people – these global forces must be understood and embraced by your leadership team. In this lesson, James Manyika unpacks each one, urging you to surround yourself with a diverse group of collaborators to act as “sensing agents” across complex global markets.I. The Age of UrbanizationThe global economy’s center of gravity is shifting to the east and south, toward East Asia.By 2025, two thirds of the global economy will be dominated by only six hundred cities.Of those cities, over four hundred will be in emerging countries.People that live in urban areas are wealthier and more productive than others.Dense urban environments tend to be hubs for innovation.II. Accelerating Technological ChangeDon’t assume that developing countries are behind the curve. Technology is globally pervasive.Adoption of technologies that once took nearly forty years can...