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Planning up to five years ahead with a transformation roadmap is crucial for several reasons. Firstly, it allows businesses to anticipate and prepare for future trends and changes, particularly in rapidly evolving areas such as automation, AI, manufacturing, supply chain, sustainable technologies, and emerging areas like web3 and the metaverse. Secondly, it provides a clear direction and goals for the business, helping to guide decision-making and resource allocation. Lastly, it enables businesses to be proactive rather than reactive, giving them a competitive edge in the market.
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AWith so many emerging technologies on the horizon with the potential to disrupt the business landscape that we know today, it's important to highlight your plans for future initiatives. For example, pay attention to the future-focused trends that pop up in the areas of automation, AI, manufacturing and supply chain, sustainable technologies and emerging areas like web3 and the metaverse. Think about how you can incorporate the potential of these changes in your core business as they grow into their own, and plan up to five years ahead with a transformation roadmap of where you could go once the tech catches up. For more help with that, check out our Innovation and Transformation framework. Thinking ahead can often pay off. (Slide 20)
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