Disruption, Anyone?
Google is getting into the gaming business. According to the Wall Street Journal, they’re launching with a cloud-based service, hardware component and separate controller. Google is set to disrupt another industry.
There are plenty of disrupters out there. Some are behemoths like Google or Amazon. Others seemingly rise from nowhere. And, no matter what our industry, disruption is a very real possibility. We can’t run from it. We can’t hide from it. We need to be ready for it.
How can you get ready? Or even better, how could you become the disrupter?
Keep in touch with new technology. It can be overwhelming because it changes so rapidly. That’s the exact reason we need to stay in touch with it. Join a tech-focused professional group. Check out tech blogs. Pay attention to the everchanging buzz words – AI, autonomous vehicles, blockchain – and then find out what they mean. And ask, ‘how could this impact the work we do and the value we provide to clients?’
Look outside your industry. Clients invariably ask me ‘what are other company’s like ours doing?’ It’s not a question of what other company’s like yours are doing, it’s what are other companies unlike yours doing? I don’t know the gaming industry but it’s quite possible gaming companies didn’t look at Google as a company ‘like ours.’ Have your team look outside, too.
Listen, really listen, to your customers. Don’t just ask how you can do what you do better or how to improve your product. Ask them what their problems are. Find out what they want to solve. It quite possibly will have nothing to do with what you are currently providing. The question is then, do we have an opportunity here? Your team is probably positioned even better than you are to ask these questions and see the opportunities. Make the asking part of their job.
Build space to experiment. With different perspectives added to your thinking, there should come new ideas. Give space and resources to experiment. Try out ideas on a small scale. Learn from the failures and build on the successes.
Disruption, almost by definition, is something you’re not prepared for. It can be a disaster for companies and individual careers alike… so you have to get prepared. So, before Google, the start-up around the corner or across the globe turns you and your company upside down, invest time and resources making yourself as disruption-proof as possible.