Disrupted Incumbents - AcceleratingBiz

Disrupted Incumbents

Market Disruption > Existing and Emerging Competitors

Established incumbent companies are vulnerable to market disruptions, and thus must learn to innovate continuously or face eventual decline

Illustrative Disruptions

Vulnerabilities – Successful, well-managed companies (including those that are responsive to customers and have excellent R&D) are vulnerable to technology-enabled disruptions because they tend to ignore small markets that are most susceptible to disruptive innovation
Innovate or Decline – Incumbents who fail to acknowledge external disruptions and use technology advances to innovate offerings eventually experience declines in market share, revenue and profitability
Reinvention – Successful incumbent companies reinvent themselves continuously, leveraging models like "innovating from the edge" and "lean innovation" to rapidly evolve and remain successful

PROOF POINTS

Leaders of Disruption in Industry

72% of C-level executives surveyed by IBM think innovative incumbents are driving disruption in industries, with only two in ten saying disruption is coming from startups

August 7, 2018 0 0

Global CEOs' Views on Technology Disruption

KPMG survey found majority of CEOs globally believe their companies are actively disrupting their industries, with 65% seeing technological disruption as opportunity

January 19, 2018 0 0

CEOs' Perception of Themselves as Disruptors by Country

More than 80% of Indian CEOs view themselves as disruptors, highest among surveyed by KPMG

January 12, 2018 0 0

Potential Autonomous Vehicle Disruptions in Selected Non-Transportation Industries

Autonomous vehicles expected to disrupt other industries, brought about by evolution of customer behavior, supply chains, as well as product and service delivery channels

September 11, 2017 0 0