Financial Sector - or "FinTech"
Global banks, payments processors and accountancy firms are being disrupted by newcomers who change the playing field faster than they can keep up with.
Robotic cranes can now build complex houses – cutting, laying and cementing brickwork – in a fraction of the normal time, with no human intervention.
Transport & Logistics
The economics of electric over fossil fuels will ensure that newly available, fully autonomous electric cars & lorries will radically disrupt the whole logistics sector.
Be pro-active about incoming disruption
It may seem basic, but are you actively setting aside time to prepare for the possibility you might be disrupted?
Continuously improve, using the best available data
Next, are you keeping your plans up-to-date with live data from your processes, customers and team?
Proper monitoring will help to identify the coming change
How automated is your process to identify that you’re on track or deviating from your plans?
Empower your team to report changes in your market
Are you actively monitoring the available technology and emerging products and players in your market?... consistently and regularly?
Be at the centre of the disruption if you can
Finally, are you intentionally setting aside R&D time explore new ideas with an open attitude towards experimentation and failure?