This document discusses how clockspeed, or the rate of change, varies across industries based on the speed of process, product, and organizational changes. It provides examples of how distribution channels, brands, and supply chains have evolved at different paces in different industries. Faster clockspeed industries like MICE (meetings, incentives, conferences, exhibitions) require more agile strategies like hedging and collaboration between competitors. Technology innovation and competition are key drivers of increasing clockspeed, making sustainable advantages more temporary.