Firms are facing a raft of changes brought about by the tension between globalisation and diversity, which could generate new sources of business.
One of the most famous sentences attributed to Heraclitus, the flagship philosopher of ancient Greece, is “everything flows, nothing stands still”. To illustrate his statement, he explained that nobody can bathe twice in the same water of a river because the current flows constantly. Similarly, the circumstances that surround us are constantly changing, in the same way that nature and our very lives change. Indeed, the phenomenon of change is a reality and represents the starting point of the strategic analysis of business. Strategists explain that enterprises do not operate in paradigmatic environments, where the references are static (e.g. the field of exact science), but rather they operate in changing environments, which justifies the need for frequently reviewing the strategy of any business and the suppositions on which it is based.
One of the aims of business schools is to train managers and entrepreneurs to understand the phenomenon of change and know how to adapt and take advantage of the business opportunities that arise from it. Today, the IE Business School Annual Alumni Conference is being held in Madrid under the title of “Managing a changing planet”. During the day, which is to bring together 1500 executives and entrepreneurs from 30 countries, the participants will debate on some of the matters which will most probably affect business activity in the coming years. They will lead to important business opportunities, such as new energy sources, the need for exploiting natural resources in a framework of sustainability, the challenges facing demographic development and the new world order that will come from the tension between globalisation and diversity.Details