Tony Seba, the energy disruption guru and Stanford University lecturer visiting Australia last week, was absolutely right in saying there was "no excuse" for any board of a utility in Australia not to know what's coming, in reference to a world with centralised power generation, 100 per cent electric vehicles and minimal private car ownership. He just didn’t go far enough. It won’t just be utilities and energy boards (Origin, Woodside, Liquefied Natural Gas, Transurban). The perfect storm of disruption heading our way - as we said here <a href="" target="_blank" data-event-type="click" data-event="link_click">(VIEW LINK)</a> - will hit companies as diverse as Woolworths, Coles, as well as Scentre, Woodside, BHP, Rio, IAG and even Carsales. Oh yes… and the banks. Do the directors of these companies see what is coming? Mostly the answer to that is yes – they talk a story based on incumbency, but it’s a rearguard action designed to prevent investors from being frightened, and bailing out, which would be bad for the share price and therefore remuneration. Nevertheless, they know its coming. So the question might be: Why don’t they do anything about it?