Embracing a Transformational Mindset

Early in the 20th century, Austrian-born economist Joseph Schumpeter coined the phrase ‘creative destruction’ to describe the disruptive process of ongoing technological and economic innovation within capitalism.

Why “That’s Crazy” Is Critical To Good Strategic Foresight

When sharing this concept with clients from many different industries and sectors, I often begin by telling them that my first reaction to this phrase was probably the same as the one they are presently experiencing: “The only idea that is ridiculous is this saying!