‘There Is No Sector That Is Safe From Disruption’

[ 0 ] August 1, 2015 |

What signs should a leader in business look for when it comes to disruption? Is it avoidable and how can one prepare themselves for what lies ahead?

John Hagel is an author and former consultant who specializes in the intersection of business strategy and information technology. In 2007, Hagel, along with John Seely Brown and Lang Davison, founded the Deloitte Center for the Edge, which conducts original research and develops substantive points of view for new corporate growth. WATCH as Hagel, who has nearly 30 years of experience as a management consultant, author, speaker and entrepreneur and has helped companies improve their performance by effectively applying information technology to reshape business strategies, discusses what disruption is and how it is affecting the way business is being conducted:

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“Disruption can take many different forms,” says Hagel. In business, he explains, disruption is “the rate at which leaders in established positions topple out of their leadership positions.” Based on research he has gathered, the ‘topple rate’ is accelerating, which means that the time a person spends as a leader is shrinking and leaders are more likely to fall out of leadership.

picture-13-pngThe rapid increase in availability of the means of production is one example of disruption that has been  seen in the film industry. With the abundance of affordable quality video production equipment and the rise of social media sources such as YouTube, tumblr, Instagram, Twitter, Vine, Facebook, and many other forums where people can share their creations, the playing field in the way business was run had changed. “That was highly disruptive,” claims Hagel, because it took the focus off of the leaders in the film industry and gave other people in that business a chance to rise up.

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“There is no sector that is safe from disruption,” Hagel stresses. Type, timing, and severity of disruption may differ, but disruption is virtually unavoidable. All that a good business leader can do, he adds, is anticipate what disruptions they may face and prepare as best they can.

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Category: Career, Career Development, Entrepreneurship, Views on the News

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About John Hagel: co-chairman of Deloitte’s Center for the Edge in Silicon Valley. Before joining Deloitte, Hagel was an independent consultant and writer. From 1984 to 2000, he was a principal at McKinsey & Co., where he was [...]
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