Stashed ideas - Deepstash

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Stashed ideas

13 STASHED IDEAS

Relying on data vs gut instinct

Disruptive innovators don't rely on data. They look for patterns and let their unconscious thinking do the heavy lifting.

For example, Apple never did formal market research. Target didn't do direct consumer research either. Instead, they used their instincts to infuse leading-edge design.

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  1. Adopt a human-centric approach to business. Every business is the sum of its internal and external parts — from customers, investors and suppliers to employees and end-users. So the primary effects of disruption are to the people that make up the organization, not the business itself.
  2. Investigate and redefine customer experiences. Disruption inherently causes shifts in customers’ behaviors and expectations. 
  3. Update your business strategy. Disruptions may come in the form of viruses, new technologies or upstart competitors, just to name a few. Their common denominator is change, and that change can affect both the basis and feasibility of a given strategy. While a company’s service mission may remain the same, its specific plans for accomplishing that mission should be regularly updated to reflect current possibilities. 

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The world has changed substantially due to the pandemic. Tourism-dependent countries continue to suffer economic losses as people remain unwilling to travel.

Many organizations have found that remote work is successful and are now planning to allow their staff to continue operating outside of the office. To help fuel tourism, countries now offer what has become known as digital nomad visas.

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