Last issue’s Top Tips feature focused on how to manage change. Here Dr Colin Thompson, managing partner, Cavendish, delves into the data behind the need for such actions to deliver lean business transformation.
When the printing press was invented in 1450, the population of Europe was 50 million people. The literacy rate at the time has been estimated at 1%, equal to 500,000 people capable of reading what was printed at that time. It took over 100 years to raise the literacy rate to 50%. By then the population was about 70 million people, so it took 100 years for the number of people who could read what was printed to hit 35 million people. Therefore, it took more than 100 years for the number of `users` of print to reach 50 million people. It took the iPad less than one year years to reach 50 million people. And Facebook added 100 million users in just nine months, highlighting the vastly disruptive nature of digital technology.