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Markets, built on the assumption of "discontinuity" enable, manage and control the process of creative destruction by encouraging new entrants that produce superior results and value by "remorselessly" replacing weak performers that consume wealth. This process is has always been at the heart of capitalism, but the pace of change is accelerating to the extent that we have entered what Peter Drucker calls the Age of Discontinuity.
Organizations in today's hypercompetitive world face the paradoxical challenges of "dualism", that is, functioning efficiently today while innovating effectively for tomorrow...
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