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In the military we valued actionable intelligence, studied our enemy’s strengths and weaknesses, developed a battle plan around a solid strategy, and executed our tactical mission as if our lives depended on it - because they did. I worry much more about the unknown than the known… .
So, in today’s post I’ll examine the power of disruption as a key business driver… Disruptive business models focus on creating, disintermediating, refining, reengineering or optimizing a product/service, role/function/practice, category, market, sector, or industry. Why didn’t IBM see Dell coming?
Before reaching the top of the S-Curve, there will be disintermediation, which moves humanity from the current S-Curve to a new one. As a multi-disciplinary partnership, we at CO2 Partners have found Dave Snowden’s Cynefin framework to be helpful in better understanding the operating environment of an organization.
Before reaching the top of the S-Curve, there will be disintermediation, which moves humanity from the current S-Curve to a new one. He developed Cynefin while at IBM to help decision-makers better understand how to behave based on their assessment of the organization’s environment.
Strategic plans are often filled with empty phrases such as “Leverage our World Class Operating Capabilities” or head-scratching aspirations like “Reshape Our Pricing and Trade Strategy to Effectively Drive Demand While Maintaining Market Access.” and “What specific capabilities will we need to develop in order for this plan to succeed?”.
Many industries have experienced disruption, due to technologies that successfully reduced inefficiencies and frictions, often disintermediating established players in the process. IBM, for example, is partnering with startup Loyyal to develop blockchain infrastructure for loyalty and rewards programs. The Benefits of Disruption.
Intermediaries or “trust brokers” do not have to be written out of the equation — or disintermediated — as many blockchain enthusiasts argue. Part of the reason insurers are wary of insuring tangible assets in developing markets is the fear of fraud and losses that cannot be validated.
How companies are using artificial intelligence in their business operations. Yet, more so than traditional travel providers, these companies face possible disintermediation by smart speakers, which will be capable of aggregating potential travel options on command. Insight Center. Adopting AI. Sponsored by SAS.
In other words, they sold their real estate assets to institutional investors and private wealth funds, and they began to operate as essentially management companies focused on defining a brand proposition, marketing and generating sales.
Next, the innovator has to develop a behind-the-scenes advantage: a way of producing a product or service that seems magical from the customer’s perspective and that is difficult for other companies to replicate. That allows cab drivers to offer many of the conveniences of Uber without being disintermediated.
The core disruptive concept is that the “pipe” created by the cable MSOs (multiple system operators) no longer provides the sole gateway to consumers’ television screens. Think about messaging: We’ve relied on mobile phone operators (AT&T, Verizon, et al.) to send text messages. Connecting the dots.
The big retailers are getting squeezed and disintermediated at both ends. A great example is the development of autonomous delivery vehicles that will not only dramatically reduce the cost of delivery but also create new last-delivery solutions.
Is the developed world on the verge of a skills crisis? HBR: Companies have two options to meet talent shortages—they can look to an external labor market, or they can focus on developing their internal labor market. Developing Tomorrow’s Leaders. An edited version of our conversation follows. Insight Center.
Adding a profile on Facebook has little to no impact on Facebook's operating costs. Amazon's widget that makes it easy to shop from inside Facebook reveals one way this oligopoly will become increasingly interconnected, while disintermediating as many others as it can. More usage funds more infrastructure.
How do agencies ensure their future by being able to help brands sell more and build stronger loyalty in such a disrupted and disintermediated world, where every individual is consuming so much media from so many different channels? Here are five new attributes that I think marketing agencies will need to develop to survive: 1.
It's media disintermediation at work! The by-now-standard, Christensen-inspired corporate response to disruptive innovation is to create a separate operation, with different incentives and structure than the parent organization, to exploit the innovation. Lots of industries have been turned upside down by innovation over the years.
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