Large businesses are facing a new threat. Their scale advantage, while still valuable, can also become a dead weight. They should be rebuilding to prepare for what Bain & Co calls the “era of scale insurgency”.
James Root, a Bain & Co partner, says: “There will be lots of casualties in what will be a traumatic transition.”
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Joanne Gray is Managing editor of The Australian Financial Review. She was formerly its opinion editor, features editor, banking & finance editor, Washington correspondent and BOSS magazine editor. Connect with Joanne on Twitter. Email Joanne at jgray@afr.com
