The current state of things or existing state.
The Fourth Industrial Revolution merges physical, digital, and biological spheres, led by AI, IoT, and biotechnology advancements.
Developing countries are nations with lower GDP, industrial activity, and human development index than developed countries.
Consumer insights are actionable understandings of consumer behavior used to inform business decisions and strategy.
Today's business focus is often on short-term goals and efficiency, creating a "tyranny of today" that hinders innovative thinking. Companies must balance this with a focus on future opportunities to stay nimble and flexible.