Creative Destruction

It's one thing to read about business concepts in B-school, business books and articles; however, living in the phenomenon firsthand is another thing entirely.

Take, "creative destruction", a concept first coined by management consultants and economists about fifteen years ago, during the advent of the internet. Right now, there is so much creative destruction occurring across most all sectors of the U.S. economy that it's mind-blowing.

City, state and federal delivery of services will likely never be the same again. These areas, plus education and other not for profit, taxpayer funded sectors, will need to drive down their fixed-cost structures as well as become more productive with both labor and technology.

Add in the "globalization" demand and supply dynamics, underway for years now, and you have a giant toss-up for how creative destruction will change industries, players, channels, and more.