Build with new building blocks
To truly make the most of the opportunities of digital disruption, you need to lay the right foundations for success.
- Understand how technology is impacting your core business and how it is changing the market and customer expectations.
- Evolve your product but maintain your vision; great start-ups have a clear and simple mission or goal for their customers.
- Young companies and start-ups are succeeding because they don’t have legacies in systems, people and culture.
- Thriving requires the organization to have the dynamics to rapidly grow and change, to be agile and to implement changes efficiently.
Stay ahead of the curve
Don’t wait to be disrupted; disrupt yourself and anticipate the changes ahead.
- Step out of reactive mode and give yourself space to look ahead.
- Stay true to your core purpose and values; embrace technology that allows you to deliver more effectively on those.
- Encourage a business culture and mind-set of continuous curiosity, learning and engaging with the new.
- Continually review your business model and the changes you embrace.
- See disruption as a positive — a new way to add value.
Lead through disruption
Don’t take a back seat; instead embrace disruption and guide your organization to success.
- Embrace disruption: If you’re not digital then you will be left behind.
- You need to balance driving your business of today, with transitioning to the business of the future.
- You’ll need to challenge what you are, to understand what you could be.
- You’ll need to take some calculated risks on what your business could become.
- You’ll need to be prepared to shift your business model, possibly several times, in the coming years.
- You’ll need a deep and current understanding of what the customer wants.
- You’ll need to be nimble, flexible and open minded.
Seize opportunities on the digital horizon
Look to the future — the world is changing and your organization needs to change with it.
- Digital technology has made the world a smaller place. It is allowing us to connect and achieve things we previously couldn’t.
- Digital and technology has moved from being a stationary thing to being mobile. We’re connected everywhere.
- Industry is being redefined. Focus is moving from the solutions, to the wider problems those solutions are solving.
- Organizations are now working across several industries, converging sectors and creating new models.
Resumen
To seize the upside of disruption, organizations need to adapt to an increasingly digital world.
