In this season we have seen how powerful disruptive forces are. They seem to overwhelm incumbent firms, and often incumbents get disrupted. We saw in earlier episodes how Kodak and Polaroid got disrupted. We saw how Vanguard rode the tide of disruption to become the leader of asset management industry.
Disruption is not inevitable
People often think that once a disruptive event occurs, it will lead to disruption. But, that is not true. In fact, firms often find ways to overcome disruptive forces. Sometimes firms can squash disruptive forces with creative strategies.
Winning Against Disruption
This episode is all about how firms survive in the face of disruptive forces? This episode takes you through two major examples of how companies overcame disruptive threats. These will help you learn two major strategies for dealing with disruption.
Strategies to survive disruption
Finding ways to deal with disruption is becoming a critical skill for firms in this age of disruption. By understanding strategies that led to successes and failures, you learn from these companies. Episode 7 and 8 helped you learn from failures of firms. This episode takes you through strategies some businesses used in winning against disruption.
Limitations of Strategies for surviving disruption
It is important to understand that no matter what strategy you deploy, it has its limitations. This episode explains the limitations of strategies against disruption too.
You will take the following key takeaways from this episode:
- It is possible to win against disruption
- Two stories of firms that survived disruption
- Two strategies to win against disruption
- Two strategies to prevent disruptive forces
- Limitations of strategies to fight disruption
How to listen?
Go to the The Disruption Management audio course to listen to the entire series of audio lessons on Disruption.