D!gitalist Magazine: Every Business Is Becoming A Technology Business, Manju Bansal
'The pace of business change is getting faster. Of all the firms that started on the Fortune 500 list in 1955, almost 90% were no longer on it by 2017. And since 2000, 52% of the list is gone. Whatever the reasons for their decline or demise, one thing is becoming increasingly clear: the process of “creative destruction” – the term coined by economist Joseph Schumpeter – doesn’t wait for anyone and creates new economic structures (and winners) as it destroys the old ones.'