Thinking the Unthinkable
Thinking-the-Unthinkable-cima-report
Thinking-the-Unthinkable-cima-report
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THINKING THE UNTHINKABLE; A NEW IMPERATIVE FOR LEADERSHIP IN THE DIGITAL AGE<br />
17<br />
3. The coming digital disruption<br />
That reality morphs into <strong>the</strong> third. It is <strong>the</strong> inversion of all assumptions of power and<br />
influence in <strong>the</strong> new digital Public Information Space at a time of almost unimaginable<br />
challenge. Governments will have to address super-complex issues such as mass<br />
migration, climate change, population increase, rising urbanisation, ageing and <strong>the</strong><br />
attendant huge resource questions. This is at a time when its legitimacy is being<br />
publically challenged. For business too, “The whole scale of technology disruption<br />
means that we have a bigger gap between <strong>the</strong> people currently running businesses in<br />
<strong>the</strong> C-suite and those that will inherit <strong>the</strong> responsibility to run those businesses”, said<br />
Harriet Green, <strong>the</strong> former CEO of Thomas Cook, now <strong>the</strong> Head of <strong>the</strong> Division focussing<br />
on <strong>the</strong> Internet of Things at IBM. She added: “There has not been a period where such<br />
a mix of technologies, <strong>the</strong> cloud, mobile, data, big data and artificial intelligence, are<br />
coming toge<strong>the</strong>r in such a way”. The scale and pace of change for leaders to understand,<br />
adapt to, and to thrive with is huge, “Whe<strong>the</strong>r it’s quantum computing or neuromorphics<br />
or cubic-computing, <strong>the</strong> rate and pace at which information can be processed, with<br />
artificial intelligence laid on <strong>the</strong> top, and <strong>the</strong> enormous throughput of data … a billion<br />
transactions a second being collected by <strong>the</strong> likes of IBM, from retail transactions. 22<br />
billion devices expected by us, all held by 2025. And I think that you add into that 3D<br />
printing, <strong>the</strong> drone business”, she added. So, how can <strong>the</strong> current and future generation of<br />
leaders cope – given <strong>the</strong> sheer scale of <strong>the</strong> issues <strong>the</strong>y face?<br />
4. Is social change <strong>the</strong> real driver?<br />
The fourth new reality is <strong>the</strong> new fundaments of societal change. “The question is: is<br />
technology driving societal changes, or <strong>the</strong> o<strong>the</strong>r way around?” asked Patricia Seemann,<br />
founder of <strong>the</strong> 3am Group which advises CEOs willing to air <strong>the</strong>ir new anxieties that, as<br />
<strong>the</strong> name suggests, keep <strong>the</strong>m awake at night. 30 “It’s not just technology … it’s societal,<br />
and political trends. I actually wonder sometimes whe<strong>the</strong>r we’re looking so [too] much at<br />
technology … Even though it’s very, very complicated, it’s not as hard as thinking about<br />
<strong>the</strong> societal changes that we’re undergoing”.