When we look back throughout history, market disruptions to the status quo creates challenges for the many unprepared executives and opportunities for the few leaders that are able to envision a new environment that’s free from the limitations of the past.
“After workers retreated to their homes, companies began desperately trying to shed office space. Getting rid of empty desks seems like an easy way to save cash as the economy collapses. Office real estate is already plunging in value as employers try to renegotiate their rent contracts.”
via The Atlantic
“All of these business builders recognize the world is changing and the rules are being rewritten. This is one of the most important elements of business building. Disrupters rethink assumptions to identify creative opportunities. Nondisruptors become, in effect, defenders of the old status quo.”
What will we be looking at 10 years from now, at the end of the next decade? “We believe that we are at the cusp of a new business model innovation that would disrupt enterprise equipment ownership: equipment as a service – where companies pay for outcomes, not equipment.”
via IoT Analytics
“As we begin a new decade, the banking industry is trying to adjust business models to reflect a more digital ecosystem. Unfortunately, this year’s Retail Banking Trends and Priorities research findings don’t reflect the urgency for change needed in the banking ecosystem.”
In financial services, digital disruptors are coming, impacting traditional banks and credit unions as well as consumers. With the promise of personalized solutions and improved experiences delivered on digital channels, the potential for major changes to the banking ecosystem appears imminent.
via Financial Brand
At Cisco’s Partner Summit in 2019, CEO Chuck Robbins said something that while apparent, does showcase the reality that the nature of the IT buyer is changing. “Never has technology been more important to customers and never have they cared less about the details of that technology.” – Chuck Robbins
via IT Connection