Four ways to win in the age of disruption
The companies which disrupt are the ones who adapt, remain agile, keep learning, and never get comfortable.
SIMILAR ARTICLES & IDEAS:
In the future, change is the only certainty.
Workers, employers, and education providers need to be agile, flexible and prepared to adapt as technology continues to interrupt industrie...
Until two decades ago, the general goal of colleges was for academic pursuits and teaching individuals to become more well-rounded. The general thought was that colleges were not vocational institutions.
Now, and possibly in the future, colleges will have to focus more on training and change their curriculum to meet the demands of employers.
A four-year college education remains the best choice for those who can get admitted to a selective university. But for everyone else, an alternative path might be the best way to go.
In the future, one training path will be company-sponsored apprenticeship programs to cover the skills missing between the secondary system and what employers are looking for.
Certain companies in the automobile and technological sectors experience a paradigm shift once a while, where once-dominant companies are usurped by the next wave of startups.
When the end-users needs and problems are solved in fundamentally different ways, even companies that aren't a direct competitor to the old establishments pose a threat.
Generational Change is inevitable and no company can remain dominant for long.
When we look at the developments in the last 100 years, it can be said that today's technology may just be the beginning of bigger disruption in the future.
Companies like Apple and Google may just be the initial stepping stones, and technology will evolve further in unpredictable and unimaginable ways, impacting the next generation.
Digital leaders don’t have to do everything themselves, but they must be able to spot the areas of their organization that need improving. Moreover, they need to be able to hire an...
Sudden changes in the industry can disrupt the status quo, potentially derailing the success of your organization. In these situations a leader must remain flexible and adaptable, ready to make the quick decisions that can keep the company on track with minimal negative impact.
Putting speed and innovation ahead of tried-and-tested business practices often makes leaders cautious. However, in a fast-changing world, the only strategy that is guaranteed to fail is not taking risks.
For a start-up, the risks can be even greater but innovation is impossible without risk. And if you can’t take risks, you may not be cut out to be a digital leader.