2019 has seen an increase in businesses with first experience of disruption. More and more, we are seeing organisations reaching out, seeking solutions to deal with this rapid change.
As we wrap up 2019, we thought we’d outline the key trends in disruption that we believe will continue to grow in 2020.
Automation - One of the largest forces of disruption in 2019 has been automation, which can act as both a risk and opportunity for businesses. In particular, it has forced businesses to shift and alter their business processes in order to reduce costs, as well as retain staff who play a vital role within organisations. Automation is significantly affecting industries such as air travel, real estate and health care, but can affect a range of industries. To find out more about automation, check out our Disruption in an Automated World handbook. We’ve also created a ‘Disruption Matrix’ so that you can track the impact of disruption on your organisation, feel free to get in contact with us if you would like to try this tool.
Intrapreneurship - The term ‘intrapreneur’ was first coined when author Gifford Pinchot defined it as ‘dreamers who do. Those who take a hands-on responsibility for creating innovation of any kind within a business.’ There are so many products that we use on a daily basis, that were developed by intrapreneurs. Our recent blog post, ’How to be an Intrapreneur’ explores the qualities and mentalities typically needed to be an intrapreneur.
Artificial Intelligence - The rise of artificial intelligence, or the ability for computer and machine technology to perform tasks normally requiring human skill, has taken over in 2019, with AI becoming more accessible to software developers and being integrated into a wider variety of technologies. This trend is not expected to slowdown anytime soon, with large tech companies choosing to 'democratise AI’, so you can definitely expect more AI integrated in your technologies.
Disruption is naturally challenging. To adapt to it, you may need to explore ideas in a way that is outside of your comfort zone. To find out more about how disruption could impact your business in 2020, get in touch
with our team.