As Greek philosopher Heraclitus said: “Everything changes and nothing stands still.” This rings all the more true for businesses operating in today’s rapid-paced, constantly changing environment, where market leaders can quickly be unseated by a small, more nimble startup.

Just look at how Tesla’s latest innovation, the PowerWall, is set to disrupt the unchallenged energy sector; how streaming music service Spotify challenged Apple, who themselves challenged the future of the record store through its iTunes; how Uber has dominated the taxi industry so quickly since its launch of its first service in San Francisco in 2010. At the end of 2014, after its last round of funding, Uber was valued at US$41-billion.