Traditional business models are becoming ousted and made irrelevant with the radical evolution of technology, fresh thinking and innovation. The tenure of the companies are falling at a rapid pace and playing safe is no longer an option. To stay alive, the focus on operational efficiencies will have to make way to 'true' innovation. Organizations will need to experiment with and adopt new business models to survive. To enable these shifts, companies will have to develop skills around - Differentiated execution, BPaaS procurement and IT Skill Retribution.