Emerging technologies like 5G and IoT can create a rogue wave for businesses by drastically changing the way they operate and interact with their customers. These technologies can introduce new opportunities for innovation and growth, but they can also pose significant challenges and risks. For example, they can lead to increased competition, as new players enter the market with innovative products and services. They can also expose businesses to new types of cyber threats and security risks. Furthermore, they can require significant investments in new infrastructure and skills, which can strain a company's resources. Therefore, businesses need to carefully monitor these technologies and develop strategies to leverage their benefits and mitigate their risks.
How do you prepare your business for black swan events like pandemics or financial crises? Rogue Wav...
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