With the advent of globalization, the world has been a subject of five major threats, namely:
- Economic crises,
- Health Pandemics,
- Natural and Environmental disasters,
- and Nuclear Proliferations.
The dot-com bubble burst in early 2000 which resulted in bankruptcy of many early tech companies.
The 9/11 attacks shook the world to its core in 2001 which led to unprecedented levels of tension in the world which still continues to affect geopolitics today.
The housing bubble that peaked in 2006 culminated in a subprime mortgage crisis in 2007 which precipitated an economic recession across the world that lasted all the way up till mid-2009.
Wars and a streak of financial crises plagued various countries in the early 2010s and, in 2020, Covid-19
swept the world by storm.
These are just some of the events in the past two decades that have had a global impact.
To put it simply, tragedies that fall under one of the above-mentioned categories occur roughly every five to ten years
As one can reliably expect an event to jumble the dynamics of world economies and politics every few years, we would do well to learn of ways in which we could capitalize on such events.
These catastrophes can provide us with ample opportunity for innovation.
This book will detail the ways in which
- and political leaders
can effectively identify the opportunities that are made available during tumultuous times and make the most out of the situation.
Citizens and political leaders are also able to benefit by promoting innovation in the country to enter market vacuums that are often created due to chaos.
For example, the Covid-19 pandemic
allowed firms such as Zoom
Video Communications and Microsoft
to acquire valuable market share in the virtual collaboration markets, pushing their services to household name statuses.
These companies have since seen share prices increasing 130% since the beginning of the year and daily active users for its collaboration suite increasing by 12 million respectively.
To clarify, the contents discussed are not pertaining to taking advantage of the situation or seeking to profit off the misery of others.
Instead, discussions are made on how effective solutions can be provided for the world, thus creating mutually beneficial relationships. Shrewd Thinking: Staying Prepared Against Humanity’s Greatest Threats
is even more relevant today as many people globally are experiencing the feeling of helplessness as job and business opportunities seem to become uncomfortably restricted.
Instead of sitting back and accepting the role of a sitting duck, it would be more prudent for us to take the steps required to survive and even thrive in the face of a disaster.
Our research, shared in this book, has identified sectors that need innovation and through which you may invest time, money and effort for your own benefit and that of your community.
Reading this book will herald a period of innovation and wealth accumulation
in your life.