Exposing your top team to disrupted industries and then assessing the opportunities and threats facing your sector and organisation is a great place to start this adventure. Sometimes it takes some provocation to help us see our world with an entrepreneurial mindset!
It is our competitive advantage that is generally attacked by new players. They find better and/or cheaper ways of delivering value to our customers.
Being clear how we compete in our markets and protecting or strengthening that must be a key strategic initiative of any incumbent under threat
Prioritise and then start your innovation initiatives. Don't wait for startups to attack your business - drive your own disruptive projects.
Reinvent how you deliver value to customers.
Harness the new technologies for your own advantage.