How To Turn Disruption Into Opportunity

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‘From now on, when a new technology comes out, instead of assuming a choice between old and new, consider instead how you can integrate the old with the new to create higher value than either would you have on their own.’

‘When you look at something, ask yourself if you’re thinking big enough. Is there a way you can take something to a much higher level at a faster pace?

‘When an organization embraces an Anticipatory Mindset, employees aren’t nervous about posing potentially groundbreaking ideas out of fear of failure.They’re effectively empowered with certainty.’

Technology is not a means to itself but a pathway to transforming all processes as well as creating new products and services. The result will be genuine transformation.’

By reconsidering your business model with an eye toward the potential of disruption, you can be on the leading edge with the confidence and certainty Hard Trends can bring you.’

‘The unspoken level of misunderstanding and mistrust between generations can have a very real effect on how the people within an organization view their future, which, in turn, will impact how they act in the present.’

Knowledge increases in value when it’s shared, not hoarded. There’s power in sharing and cocreating. And that engenders trust.’

By accurately anticipating the future, you can see more than enough to make disruption your biggest competitive and personal advantage.’

‘To accelerate success, customers, vendors, strategic partners, allies, and sales agents should all have a shared Futureview.’

Innovation is now everyone’s business. The AO Model builds a mindset where innovation can occur all the time and at every level of a company or organization.’

Daniel Burrus (2017). The Anticipatory Organization: Turn Disruption and Change into Opportunity and Advantage

‘How To Spot Inflection Points In Business Before They Happen’

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Snow melts from the edges. The changes that are going to fundamentally influence the future of your business are brewing on the periphery. To avoid being taken by surprise by an inflection point, you need to be exposed to what is happening at the edges.’

An inflection point happens when a 10X change alters the basic assumptions upon which a business is built.’

Start defining your arena by asking which pool of resources- typically revenues- your business currently relies on. What other players might be trying to grap those same resources, even if they don’t make or offer products and services similar to yours.’

Practices that displease or even enrage customers can create an opening for a disruptive player to come into your markets and cause customers to defect.’

Even when you see an inflection point on the horizon, it can take a lot longer than you think for it to actually arrive.’

Creating a plan for fast learning is something successful serial entrepreneurs do almost by instinct.’

‘Good ideas are … important, but the initial ideas that innovators pursue are seldom the ones that make it to market.’

We tend to imbue CEOs and senior leaders with supernatural powers when they succeed and with damning deficiencies when they fail.’

Internal friction and competition can undermine even the correct response to changing times. Managing politics is a key task for any would-be change agent.’

Big changes are often signaled by seemingly small and incremental shifts that nonetheless release a constraint in an existing model, opening it up to an inflection point.’

Source

Rita McGrath (2019). Seeing Around Corners: How to Spot Inflection Points in Business Before they Happen