“Forty percent of businesses in this room, unfortunately, will not exist in a meaningful way in 10 years.”
Not my words by any means but this is a dire prediction delivered by John Chambers, the outgoing CEO of technology giant Cisco. An intrigued crowd of 25,000 partners stayed glued to his every word as he opined about the coming 10 years of corporate life.
Before we proceed, it’s important to note that every business has a chance to fail at any point (I think that’s obvious to everyone) but Chambers’ prediction specifically focuses on a few key areas.
Let’s explore further.