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Words of Wisdom

“Speed is the foreshortening of product life cycles from years to months or even weeks. And, Speed is the worldwide electronic network over which financial institutions transfer money at the rate of $41 billion a minute. For the individual, Speed is scores of messages a day, creating near continuous communication. Miss a day and your world moves on without you. Accelerated product life cycles and time-based consumption have become part of the business lingo. These experiences change people’s perceptions. We now expect real-time responsiveness, 24 hours of every day of the year. This premium placed on anytime, real-time responsiveness is just one example of the growing importance of intangible value.”

- From the book Blur: The Speed of Change in the Connected Economy, by Stan Davis and Christopher Meyer

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