Chairman, Bain Insights Group
Besides, heading the Bain Insights Forum globally and the Organization practice in the Asia-Pacific, James is also the co-author of the popular Bain report “The Firm of the Future”. An Adjunct Professor on the faculty at Hong Kong University of Science & Technology, he teaches programmes for MBAs and Kellogg-HKUST Executive MBAs.
In his report on the Firm of the Future, James has outlined a set of global trends that are likely to change how we think and define a corporate entity and what board members/non-executive director should consider to ensure their organization has a plan to address the challenges ahead. Since its release at the World Economic Forum’s Annual Meeting in Davos during 2017 it has been extensively covered across the globe.
A fascinating read, Firm of the Future identifies trends globally, the challenges being posed to companies and recommends steps that need to be taken to meet the said challenges. It says 4 converging forces – the 4th industrial revolution, breakdown in the post-Cold War global system, shifts in workforce structure and motivations, and business complexity – will significantly reshape how firms are managed, operated and financed. Here is a link to the report: http://www.bain.com/publications/articles/firm-of-the-future.aspx
In this new, breakthrough analysis, he suggests that the next generation of successful companies will look vastly different than those of today. Firms that ignore the disruption or choose to take a ‘wait and see’ attitude in their approach to addressing and adapting to these changes will find themselves at a disadvantage when it comes to attracting and retaining talent, capital, and a competitive edge.