On the face of it, Southeast Asia would be like an e-commerce wonderland. No place on ground matches this domain in whole number adoption. Indeed, Southeast Asia’s assemblage of 620 1000000 may be diverse, but its inhabitants rich person one important thing in common: an eagerness to use mobile technology. The grouping in the western malayo-polynesian send more texts than any past country. The knowledge base is location to more than 250 million smartphone users.
BNY Mellon Wealth ManagementVoice: Investing For A Disruptive Future
“Creative destruction” has hourlong been regarded as an indispensable driver of profitable growth. The period was coined by social scientist chief joseph joseph schumpeter who, in his 1942 publication “Capitalism, Socialism and Democracy,” wrote that a market economy saving “is not and cannot be stationary… it is ceaselessly being revolutionized from within by new enterprise.” Some worry, however, that the pace of change may be close to exceeding our ability to keep up with it.
The case for digital reinvention | McKinsey & Company