NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Tuesday, December 16, 2014

Leaders are migrating from figureheads to action figures. From bureaucrats to disrupters. From managing the established to creating and sponsoring more social impact.

These changes mirror the migration of capital — and lots of it — moving into the hands and under the control of millennials. And yes, it’s enough money to move markets, influence consumption, and demand attention.

But where did all this energy come from to change the way money is put to work? How have these new channels and performance benchmarks been created? Here are five shifts that have fueled this epoch-sized evolution just getting underway in the US economy.