Forefront | Blog
Forefront 2019 – Issue 3
We live in the age of disruption. How we acquire goods and services, communicate with others and how we live changes every day. Millenials have figured out utility is more important than ownership. The largest retailer owns very little brick and mortar, the largest transportation company owns no cars, the largest vacation home company owns no real estate. These companies sell convenience and usage. The economy continues to change with a variety of disruptors. The newest producer of meat products owns no cows. Technology disruptors have crushed employment in fast food, retail, and service centers. With the advent of autonomous vehicles, truck drivers may become extinct. All of these are middle class jobs. Small wonder why this class is disappearing. As a result, how does middle America survive and will it require more social programs? People need hope. Hope for a better life, a better next generation. Businesses know hope is not a strategy. Successful companies will develop strategies to further their sustainability in light of an ever-changing environment. Information is the new capital. Most companies discount the importance of developing good data and are ill-equipped to strategize until they get into trouble. This issue of Forefront deals with the changing landscape to get our market to understand how these changing dynamics are moving fast. We hope you will enjoy these thoughtful pieces from our team. – Patrick O’Keefe
