Many business models have been very successful doing things the old traditional way, but disruption – particularly technological change – is going to create a number of very significant risks and opportunities for business owners.
So how do you prepare your business to survive and thrive?
In our latest episode, our panel of leading experts on disruption and innovation – Steve Glaveski and Simon Quirk – talk about some simple initial steps you can take in your own business to embrace this change and ensure you are best placed to succeed going forwards, remembering:
- It’s not about completely changing your business model – just think about reviewing and adapting your current plan, and making incremental changes.
- Allocate resources to doing things differently – think about an external innovation program or partner with other organisations that specialise in this area.
- Take small steps to learn fast!
In this episode, we explore some examples of how other businesses have succeeded by following these steps.