The New Invisible Hand: Five Revolutions in the Digital Economy
The New Invisible Hand: Five Revolutions in the Digital Economy

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This book is for you if you've ever struggled to understand how your company should react to different competitive threats enabled by changing technology. You'll learn how five technological revolutions are upturning entire industries and determining new winners and losers in the marketplace.More than 50% of small businesses fail in their first four years. At the same time, the lifespan of large companies is shrinking. Markets are facing unprecedented disruption. But contrary to popular belief, the Digital Revolution is opening up more, not fewer, areas for companies to serve customer needs profitably.The New Invisible Hand presents a framework for thriving in this new digital world. Inside the book you'll learn how:* Five technological revolutions (reintermediation, monetization, transparency, channel, and data) are shaping markets, industries, and individual companies* With the right framework, companies can take advantage of new opportunities and react to competitive threats* Conventional wisdom about middlemen, price transparency, and monetization models is mistaken* Innovative companies are seizing the opportunity to better solve their customers' needsThe revolutions of reintermediation, monetization, transparency, channel, and data are the forces that determine who gets what, when, where, how... and at what price. For companies, this represents heretofore unseen levels of peril, but also promise. For customers, this represents an intensified battle to serve their needs best.While we cannot control these five revolutions, we can choose to see our reality as one of opportunity, rather than crisis. Good companies can survive despite them. Great companies can thrive because of them.The New Invisible Hand features many companies that are doing just that.

  • Released: July 27, 2019
  • Author: Kyle T. Westra
  • Rating: 5
  • Publisher: New Degree Press (July 27, 2019)
  • Total Page: 396 pages
  • File Size: 1810 KB

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