Paradigm Transformers: Six Forces Business Must Address to Achieve Success in the Next Decade

Abstract

The goal of this paper is to identify how business organizations, in general and in specific cases, address six disruptive forces that are shaping and changing Business Model Innovation (BMI) modelling. These forces, or ‘Paradigm Transformers’ are artificial intelligence, cryptocurrency and blockchain technology, compliance, chaos planning, governance and global warming. We outline the nature of these forces and highlight several major business organizations which have or are responding to these forces in their planning and execution of BMI. In the Introduction we provide a brief overview of the Paradigm Transformers and in the following six sections of the paper, explore these in depth and demonstrate their integration into business planning. Based on our research, these Paradigm Transformers, when incorporated with business planning sustain and create value for the organization.