Shaping strategy in a world of accelerating disruption
We live in an era of profound and accelerating disruption.
In just a few decades we have witnessed the transition from an industrial, nation based, resource-orientated economy to a global, networked, knowledge-intensive economy.
Organizations, and the people within them, must constantly re-invent themselves to remain competitive. Sustaining success depends on an organization’s ability to adapt to a changing environment.
4 “Wake up” resources you may have missed:
- Wake up call – don’t get stuck in the jar – Not being able to let go of your past, of your past success, of clinging on to it, almost always creates Win-Lose situations. It is blocking the opportunity to develop and grow. The power of successful leaders is that they recognize well in advance when change is going to take place and innovation is needed
- Wake up call – disruption is rampant – Faced with an eroding core business, many companies seem to do … nothing. They have not heard the wake-up call. In the media and entertainment industry, look at Blockbuster’s lackluster embrace of mail delivery and video streaming. And what happened to Nokia? For long Nokia was considered one of the most innovative companies in the world. But now they are in trouble: Pride, complacency, timing, mismanagement – or a combination?
- Wake up call – is your company the next target – ustomers are voicing their opinions about companies they do business with, as constituents voice their displeasure about the poor job their leaders are doing on their behalf
- Wake up call – change or fade away – Businesses to consumer industries are facing tremendous changes in the way customers wish to be served. This puts a lot of pressure on management to understand that if the consumer’s or customer’s way of behavior changes, this means that the company’s customer service needs to change
At a recent Nokia event Stephen Elop (CEO), had a few minutes chat with an old associate, Adobe’s CTO Kevin Lynch. Their conversation covered innovation, how to effectively manage employees and teams, and what it is like to work through disruption.
Below an interesting interview with Simon Waldman about “Creative Disruption”:
Short URL & Title:
Shaping strategy in a world of accelerating disruption — http://www.torbenrick.eu/t/r/xyb
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