Humanity has ten years to solve four global crises or face irreparable harm, according to the book “Ten Years to Midnight” by PwC Global Leader, Strategy and Leadership, Blair Sheppard.
According to Sheppard’s team crises of prosperity, technology, institutional legitimacy and leadership will require fundamental changes in society.
“We have ten years to make fundamental, systemic change, at scale,” notes Sheppard. “We cannot use 20th century logic to address these challenges. It was that logic that created the crises.”
Sheppard calls for the redefinition of the GDP as the main measure of economic success and a focus on local economies in order to address economic imbalances.
“In focusing on shareholder value, organizations have lost sight of their larger responsibilities to the societies in which they operate,” notes the author.