3 Predictions for Corporate Innovation in 2019 - ReadWrite

Never have enterprise firms had such a short shelf life. Innosight's 2018 Corporate Longevity Forecast found that, if the current churn rate holds, fully half of S&P 500 companies will be replaced in the coming decade. While 80 percent of executives surveyed by Innosight said they "strongly" or "somewhat" agree that they need to transform, 55 percent of those same executives said they expect their competition to come from existing industry players rather than new competitors. Corporate leaders may be right on the first point, but they're likely wrong on the second. One of the most significant threats to corporations is disruption from agile startups with a culture of experimentation and risk-taking.