What traditional thinkers underestimated is the pace of change. Beginning with initial adoption, organizations have experienced rapid growth throughout the entire market.

The consequences for organizations are substantial. Organizations that implement these strategies quickly will realize competitive advantages.

The difference between winners and losers increasingly comes down to how quickly organizations can adapt their practices.

Over the last 18 months, market leaders pivoted significantly because of emerging technologies. This evolution demonstrates the importance of remaining relevant in a fast-changing competitive arena.

Key Takeaways

• Emerging standards are changing how organizations manage operations.
• The complexity of advanced technologies requires different expertise from development groups.
• Investment in skill development is likely to prove more important than adopting trendy technologies.