Table-Turning Businesses The pandemic turned the tables for many businesses. Major disruptors have slowed down while corporate giants have accelerated. Can small and medium sized enterprises (SME) keep up? What's Changing After 10 years of unicorns disrupting long standing industries with innovative platform-driven business models, their prices are going up while losing their competitive edge. Consumers are noticing the increasing costs on platform businesses such as Uber and Airbnb. And, many are moving back to public transport and hotels that often have better amenities. Implications The adage “disrupt or be disrupted” has never been more true, and businesses of all sizes will need to be proactive at anticipating and adapting to any form of disruption - even their own. As climate change concerns ramp up, employment concerns will also increase. And, SMEs are expected to dominate the solutions for both.
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