People are often uncomfortable to change, but when they do hit off, the results are multi-fold. Successful business disruption is the ultimate goal for innovators and entrepreneurs. The likes of Netflix, Uber, Tesla and Airbnb have managed to do something to this tune. Kodak went the other way, from market leader to bankruptcy. In order to cause such large-scale disruption, the first rule is to offer something radically new as Amazon has been doing. Creativity and business innovation must always be prioritized above merely “best practices”. The technology available and the gargantuan data warehousing capabilities now at hand, must be used to gauging valuable business insights. These insights so fetched must be made to work by empowering decision-making.

Source:https://www.forbes.com/sites/robertglazer/2018/10/31/3-ways-to-disrupt-business-as-usual-in-your-industry/#2f7ac08b4657

Uploaded Date:06 November 2018