A MASSIVE IMPACT IS UNAVOIDABLE The way Canadians live and work is about to change profoundly. Rapid advances in technology are poised to disrupt many of the sectors that anchor Canada’s economy, and our businesses aren’t prepared for it. FIVE DISRUPTIVE TECHNOLOGIES Advanced technologies are driving disruptive innovation that will bring significant, permanent change to Canada’s business landscape. We have tracked five specific technologies that have tremendous potential to wreak havoc on businesses across the country. THE DAMAGE COULD BE CATASTROPHIC For the past year we have studied the Canadian economy in depth and surveyed over 700 business leaders across the country. We then evaluated companies by their overall technological awareness, innovative culture, organizational agility to change and effective resources to facilitate change. We worried that Canadian businesses weren’t prepared for the disruption challenges to come. Unfortunately, we were right. ALL IS NOT LOST Based on our research, we believe Canadian companies can take concrete steps to dramatically improve their capacity to anticipate, respond to and capitalize on the disruptive forces heading our way. Let’s look at what Canada’s best-prepared and most productive organizations are doing. EVERYONE MUST PITCH IN While businesses must lead the drive to preparedness, governments and academic institutions must play their part as well. THERE IS STILL TIME There’s a storm of disruption heading Canada’s way. It’s going to bring major challenges and incredible opportunities. By taking decisive and immediate action, Canadian businesses can withstand – and even thrive within – the age of disruption.

1. 87%of Canadian businesses
aren’t fully prepared for
disruption
43%of Canadian firms believe
they’re better prepared
than they actually are
13%of Canadian firms are highly
prepared for disruption, and
we can learn a lot from them
AGE OF DISRUPTION
ARE CANADIAN FIRMS PREPARED?
Advanced technologies are poised to disrupt key sectors of Canada’s economy.
Advanced technologies driving disruption
deloitte.ca/beprepared
Artificial
intelligence (AI) Networks
Advanced
manufacturing
Advanced
robotics
Collaborative
connected
platforms
Cultivate
awareness
Build a
preparedness
culture
Foster
organizational
agility
Develop
effective
resources
Fostering awareness of
disruptive forces better
positions a firm to take
action today to prepare for
tomorrow.
A resilient, innovative
culture can help
companies withstand
disruption in the future.
Embracing new ways
of working and making
decisions can help firms
embrace change and
foster innovation.
Investing in advanced
technologies and using
resources effectively can
increase companies’
resilience and competitive
advantage as they prepare
for future disruption.
How to prepare for disruption
Highly prepared firms provide a valuable roadmap for other organizations to follow.
Improves efficiency and
cuts operational costs as
AI increasingly performs
more complex and
human tasks.
Enable consumers to expect
more advanced, personalized
interactions, and companies
to provide services that
adapt immediately to
consumer needs.
Enables companies to
make, test and modify new
products at a speed and
cost never before possible.
Enables companies to lower
labour costs, enhance
productivity and deliver
superior quality. Robots will
take on roles and duties once
thought to be beyond them.
Allow firms to tap into
expertise and analytical
ability outside their
organizations.