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In an exclusive interview with CNBC at the World Economic Forum in Davos, Bain partner James Root warned businesses face a period of change not seen for more than 50 years. Notwithstanding political upheaval, he claimed firms are facing the ‘4th Industrial Revolution’, the rejection of short-term leadership, a shift towards more simplification in industry, and the growing demand for corporate and social responsibility. He said: "So much activity is going to be automated, or outsourced, that the average headcount in a firm is going to shrink, and those that are left in the firm are going to be doing the mission critical things that you, and only you, can do."

james root

Source : www.cnbc.com

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