Global challengers have nearly quintupled their overseas revenue from 2005 through 2014.

In short, the problem isn’t strategic planning. It’s that most companies lack an effective strategic-planning process.

Nearly all Chief Strategy Officers we surveyed agree that, in the next five years, disruptive innovation will upend their industries and threaten today’s incumbents. It is astonishing then, that only a small number of Chief Strategy Officers—just 20%—feel that they are highly prepared for that prospect.

Though America is one of the most uniquely endowed countries in human history and by nearly all measures the most powerful country in 2016, its future is far from certain. Three drivers of future change in particular—Millennial preferences, technological disruption, and the global landscape—could take a variety of paths between today and 2026.