Innovation and disruption risk

  1. Globally distributed business models are increasing dependencies on stakeholders across geographies, making brands more vulnerable to geopolitical risks
  2. Growing connections between businesses are expanding the sources of potential disruption
  3. Advances in social, mobile, analytics and cloud-enabled emerging technologies are creating opportunities for start-ups to disrupt incumbents
  4. Traditional industries are converging to create new markets
  5. Business model innovation (such as sharing-based, freemium and subscription-based) is driving organisations to reinvent themselves constantly
  6. Increasingly, customers are expecting more personalised products and services
  • Continuously monitor the changes in the environment to determine which could be truly disruptive
  • Revisit the approach to corporate strategy development to introduce more agility, adaptability and responsiveness to emerging threats
  • Identify organisational blind spots, built-in institutional challenges and personal biases of senior management that can get in the way of action
  • Employ tools and techniques such as real-time monitoring, scenario planning, stress testing, war-gaming and simulations to drive higher levels of sophistication in managing risk

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