Is the rapid pace of change in business likely to accelerate or decrease over the next decade?
The rapid pace of change in business is likely to accelerate in the next decade. The reason for this is that it is driven by changes that show no signs of slowing down. Business change today is driven largely by such things as technological change and globalization. Globalization looks to be here to stay as technology continues to "shrink" the world and as countries like China rise. Technological change in computers and electronics appears to be continuing to accelerate. For these reasons, it is likely that the pace of change for businesses will accelerate for the foreseeable future.