ACG – Food Technology

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IMG_4305The Alliance for Corporate Growth hosted their monthly lunch at the Hilton Gallery on April 17th, 2018.   This event was focused on several local companies that specialized in advanced food technologies.  Their stories on how they are revolutionizing the food industry and paving the way for an entirely new age of healthy food was inspiring.

Some of the major challenges facing society is the level of overall illness that has been created by the current agriculture and food industries that are more focused on profits than actually on the nutrition and health of their products they are selling to consumers.  Another global challenge is the exponential population growth rates in many countries around the world.   This increase places huge food production and transportation issues for the industry.  One statistic shared stated that in the next 40 years we will have to grow 4000 times the amount of food that we have in the past just to feed the world’s population.  The talk also covered more Trends that are impacting the food industry overall.   Continue reading “ACG – Food Technology”

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Mass Exits From the S&P500

Screen Shot 2018-01-03 at 2.12.33 PM.pngAs the speed of business and disruption of innovation increase so does the rate that long-standing companies are being replaced in the S&P500.  The rise of the internet is an example of a game-changing disruption that has seen the rise of many new business models like Amazon or Netflix.   Traditional companies,  not used to change as a core competency of their business, have struggled to adapt and are often left behind before they even understand the shift that has occurred.   By the 1950s,  many companies would last 50-60 years in the S&P.  In that past decade, that number has dropped to around 15-17 years.   Currently, the churn rate is around 75% with today’s S&P being fully replaced by 2030.

Source: Professor Richard N. Foster, co-author of Creative Destruction