The potential of digital disruption

The potential of digital disruption

Posted by Torben Rick | April 9, 2015 | Strategy
The potential of digital disruption

Digital disruption across many industries

Digital disruption is the change that occurs when new digital technologies and business models affect the value proposition of existing goods and services.

The rapid increase in the use of of mobile devices for personal use and work has increased the potential for digital disruption across many industries. A powerful example is the way Amazon, Netflix, HBO, Spotify and Tidal have disrupted the media and entertainment industries by changing how content is accessed by customers.

Don’t underestimate the potential of digital disruption

In the strange new world of better and cheaper innovation, every industry could experience similar transformations. Yet many companies, underestimate the potential of digital disruption. In doing so, they systematically undervalue their own intangible assets.

Digital disruption can be seen as both a threat and an opportunity.

Business model innovation in times of rapid change

The business landscape today is changing constantly

Digital disruption requires rethinking the entire business – it requires first thinking and then behaving like a digital disruptor.

Anything which can be digitized will be digitized – So better be ready for digital transformation.

Short URL & title:
The potential of digital disruption — https://www.torbenrick.eu/t/r/kwl
Share it:
If you enjoyed this article, please take 5 seconds to share it on your social network. Thanks!

About The Author

Torben Rick

Experienced senior executive, both at a strategic and operational level, with strong track record in developing, driving and managing business improvement, development and change management. International experience from management positions in Denmark, Germany and Switzerland.

Add a comment

*Please complete all fields correctly

Related Post

Driving and managing change will remain the number one priority
Posted by Torben Rick | March 23, 2017
Adaptability – The new competitive advantage The business race to adapt. Driving and managing change will remain the number one priority Few companies can avoid big, periodic changes in the...
Ready for digital transformation - Mind the digitization gap
Posted by Torben Rick | January 2, 2017
The pace of change is accelerating Much has changed since the “dial in” days with modems connecting to online services like America Online or Compuserve and eventually directly onto the...
Shaping strategy – Constant turbulence and disruption
Posted by Torben Rick | December 30, 2016
Challenge to keep companies competitive – Perhaps the greatest challenge business leaders face today is how to stay competitive amid constant turbulence and disruption Change affects every company, but disruptions...