No Ordinary Disruption: Summary Review
This is a summary review of No Ordinary Disruption containing key details about the book.
What is No Ordinary Disruption About?
No Ordinary Disruption is a book that explores the forces of disruptive change that are shaping the global economy and society, and provides insight and practical advice for individuals, businesses, and governments to adapt and thrive in this rapidly changing landscape.
No Ordinary Disruption is a timely and important analysis of how we need to reset our intuition as a result of four forces colliding and transforming the global economy: the rise of emerging markets, the accelerating impact of technology on the natural forces of market competition, an aging world population, and accelerating flows of trade, capital and people. What we are now seeing is no ordinary disruption but the new facts of business life -- facts that require executives and leaders at all levels to reset their operating assumptions and management intuition.
Summary Points & Takeaways from No Ordinary Disruption
Some key summary points and takeaways from the book include:
* The world is going through a period of unprecedented change driven by four disruptive forces – urbanization, technological innovation, an aging population, and globalization.
* These forces are leading to new patterns of consumption, production, and investment that are fundamentally changing the global economy.
* Emerging markets are expected to play a much larger role in the global economy over the next few decades, while developed economies will continue to experience slow growth.
* Companies that can successfully navigate these forces will have a significant competitive advantage, while those that fail to adapt will fall behind.
* In order to succeed in this new environment, companies need to be agile, innovative, and willing to take risks.
* Governments also have a role to play in supporting innovation and economic growth, including investing in education and infrastructure.
* The authors argue that we need to shift our mindset from one of incremental change to one of radical innovation in order to fully capitalize on the opportunities presented by these disruptive forces.
* Finally, the authors stress the importance of collaboration between different stakeholders – governments, businesses, and individuals – in order to address the challenges and opportunities presented by these disruptive forces.
Who is the author of No Ordinary Disruption?
Richard Dobbs is a director of the McKinsey Global Institute (MGI), McKinsey & Company's business and economics research arm, and a director (senior partner) of McKinsey based in London.
James M. Manyika is a Zimbabwean-American academic, consultant, and business executive. He is known for his research and scholarship into the intersection of technology and the economy, including artificial intelligence, robotics automation, and the future of work.
Jonathan Woetzel is a senior partner of McKinsey & Company. He is the global leader of its Cities Special Initiative and the Asia-based director of the McKinsey Global Institute. He has also led McKinsey's Energy and Materials practice in Asia and is co-Chair of the Urban China Initiative.
What are good quotes from No Ordinary Disruption?
“Leaders must build and manage systematic ways of keeping the skills of employees up-to-date and must ensure that executive teams and boards remain well informed about the latest technological developments.”
Book details
- Print length: 288 Pages
- Genre: Business, Nonfiction, Economics
What are the chapters in No Ordinary Disruption?
Chapter 1: Beyond Shanghai: THe Age of Urbanization
Chapter 2: The Tip of the Iceberg: Accelerating Technological Change
Chapter 3: Getting Old Isn't What It Used to Be: Responding to the Challenges of an Aging World
Chapter 4: Trade, People, Finance, and Data: Greater Global Connections
Chapter 5: The Next Three Billion: Tapping the Power of the New Consuming Class
Chapter 6: Reversing the Cycle: Resource Opportunity
Chapter 7: End of An Era: Farewll to Increasingly Cheaper Capital?
Chapter 8: The Jobs Gap: Overcoming Dislocation in the Labor Market
Chapter 9: From Minnows to Sharks: Rise of New Competitors and a Changing Basis of Competition
What do critics say?
Here's what one of the prominent reviewers had to say about the book: “Richard Dobbs, James Manyika and Jonathan Woetzel offer a stimulating analysis of the major trends that might make or break nations. By combining data from disparate fields, they make a compelling argument about the disruptive forces that are re-shaping the world before our eyes.” — BusinessWorld
* The editor of this summary review made every effort to maintain information accuracy, including any published quotes, chapters, or takeaways. If you're interested in furthering your personal growth, you may want to explore my list of favorite self-improvement books. These books, which have had a significant impact on my life, are carefully curated and come with summaries and key lessons.
Chief Editor
Tal Gur is an author, founder, and impact-driven entrepreneur at heart. After trading his daily grind for a life of his own daring design, he spent a decade pursuing 100 major life goals around the globe. His journey and most recent book, The Art of Fully Living, has led him to found Elevate Society.
