• My Listings
Expert Circle
  • Expert Panels
    Expert panel: What are the benefits of coaching and mentoring?

    Expert panel: What are the benefits of coaching and mentoring?

    Expert Panel: What is one change you recommend making to enhance culture and productivity

    Expert Panel: What is one change you recommend making to enhance culture and productivity

    Expert Panel: Hybrid working – What is the best model to move forward, how should time be split between home and office?

    Expert Panel: Hybrid working – What is the best model to move forward, how should time be split between home and office?

    Expert Panel: How to develop a content strategy

    Expert Panel: How to develop a content strategy

  • Get Featured
    Contribute to the panel: If you could only do one thing in an organisation to improve the sense of belonging, what would it be?

    Contribute to the panel: If you could only do one thing in an organisation to improve the sense of belonging, what would it be?

    Contribute to the panel: How do you deal with the negativity without letting it drag you down as the leader?

    Contribute to the panel: How do you deal with the negativity without letting it drag you down as the leader?

    Contribute to the panel: What are the benefits of coaching and mentoring?

    Contribute to the panel: What are the benefits of coaching and mentoring?

    Expert Panel

    Contribute to the Expert Panel: What are the important factors to consider before starting a business?

    Contribute to the panel: How do you market to two different audiences?

    Contribute to the panel: How do you market to two different audiences?

    Contribute to the Expert Panel: What is one change you recommend making to enhance culture and productivity?

    Contribute to the Expert Panel: What is one change you recommend making to enhance culture and productivity?

  • Join Expert Circle
  • Media Pack
    • Branded Content
No Result
View All Result
Expert Circle
No Result
View All Result
Home Business Management

13 Signs that Your Industry is at Risk of Being Disrupted

by Denis Oakley
June 17, 2021
in Business Management, Leadership
Reading Time: 3 mins read
0
13 Signs that Your Industry is at Risk of Being Disrupted
4
SHARES
8.4k
VIEWS
Share on LinkedinShare on Twitter

Innovations, whether in technology, business model innovation, or anything else, have the potential to disrupt any industry.

The essential question is not whether the sector is disrupted but how firms in that industry gain or lose market share due to that disruption.

In his book “The Innovator’s Dilemma“, Clayton Christensen outlines the theory of disruption development backed by multiple historical evidence. You can anticipate whether a given innovation will result in new entrants disrupting market leadership or incumbents maintaining dominance after you grasp how asymmetrical incentives in the market cause incumbents to act differently than new entrants.

Here are 13 signs I have identified that you should also look out for:

1. Your product pipeline is really safe. You have no risky products

2. Pricing pressure is moving you towards commoditisation

3. The time to bring a new product to market is long or increasing

4. New competitors aren’t using your business model (or a familiar one)

5. Your bottom line is increasing faster than your topline

6. There are only a few players in your industry

7. Your industry’s technology is lagging behind consumer technology by more than 5 years

8. Customers are unhappy but the way the industry works isn’t changing

9. It’s easy to digitise a portion of what you do with no loss of customer experience

10. The current customer experience is slow, inconvenient, expensive or  poor value (Try to look at this as a 3rd party)

11. Digitisation or automation would really undercut your cost model

12. You believe your barriers to entry are bulletproof because they always have been

13. Managers are resistant to innovative ideas because “that is the way things are here”

Every industry is in jeopardy nowadays, thanks to rapid technological advancements and dramatic/genius inventions. However, with effective management, this disturbance may be mitigated and profited from. In this approach, the damage to your industry and organisation will be minimal, and perhaps even beneficial. That is why you must remain ahead of the curve and keep a close watch on what’s going on in your field.

Share171Tweet609Share974SendShareSend

Denis Oakley

Denis Oakley Strategy Consulting

Related Posts

Blogging for coaches: the DO’s and DON’Ts
Blogging

Blogging for coaches: the DO’s and DON’Ts

October 27, 2022
20
How to position yourself as a coach?
Leadership

How to position yourself as a coach?

September 15, 2022
32
black and white typewriter on white table
Business Management

Business criticism: how to manage it when starting a new venture?

February 13, 2022
4.6k
macro shot of vegetable lot
Lifestyle

Struggling to eat healthy at work? Here are three key tips that work!

February 9, 2022
4.5k
text
Motivational

Motivation and Anxiety: Cuppa chicken soup; #notjustyou

February 8, 2022
4.4k
woman in black jacket sitting beside woman in white blazer
Leadership

10 successful businesswomen share the secrets to their success!

February 6, 2022
3.5k
Expert Panel: What is one change you recommend making to enhance culture and productivity
Business Management

Expert Panel: What is one change you recommend making to enhance culture and productivity

February 3, 2022
9.1k
Expert Panel: Hybrid working – What is the best model to move forward, how should time be split between home and office?
Business Management

Expert Panel: Hybrid working – What is the best model to move forward, how should time be split between home and office?

February 4, 2022
8.9k
How motivational speaker Tony Robbins captivates audiences
Leadership

How motivational speaker Tony Robbins captivates audiences

February 2, 2022
3.6k
two women talking while looking at laptop computer
Business Management

Hybrid working: how to make it work for your organisation

February 2, 2022
1.9k
Next Post
Are You Employing The Wrong People?

Are You Employing The Wrong People?

Excerpt from the complete guide to leading remote teams, “Start With WHAT”

Excerpt from the complete guide to leading remote teams, "Start With WHAT"

How To Find Unadvertised Jobs – The Unadvertised Jobs Market

How To Find Unadvertised Jobs – The Unadvertised Jobs Market

Call to Action

Categories

  • Book Club
    • Book Review
    • Business Library
  • Business Management
    • Accounting
    • Careers and Education
    • HR & Recruitment
    • Startup
  • Current Affairs
    • Notes From Ukraine
  • Expert Panel
  • Finance
    • Investing
  • Get Featured
  • Leadership
    • Motivational
  • Lifestyle
  • Marketing
    • Blogging
    • Design
    • Digital Marketing
    • Email Marketing
    • Networking
    • Podcast
  • Sales
    • Objection Handling

Advertisement

Black Friday Week 2021 v2

Categories

  • Book Club (111)
    • Book Review (18)
    • Business Library (87)
  • Business Management (28)
    • Accounting (1)
    • Careers and Education (2)
    • HR & Recruitment (6)
    • Startup (6)
  • Current Affairs (17)
    • Notes From Ukraine (17)
  • Expert Panel (11)
  • Finance (1)
    • Investing (1)
  • Get Featured (10)
  • Leadership (34)
    • Motivational (12)
  • Lifestyle (9)
  • Marketing (60)
    • Blogging (17)
    • Design (1)
    • Digital Marketing (22)
    • Email Marketing (1)
    • Networking (4)
    • Podcast (2)
  • Sales (4)
    • Objection Handling (1)

An Award-winning Platform

Top categories on Expert Circle

  • Book Club
  • Business Management
  • Leadership
  • Marketing & Sales

Opportunities on Expert Circle

  • Branded Content
  • Promote Your Website
  • Media Pack
  • Get Featured
  • Expert Panels
  • Terms and Conditions
  • Privacy Policy

© 2021 Expert Circle

No Result
View All Result
  • All posts by Experts
  • Get Featured
  • Expert Panels
  • Promote Your Website
  • Branded Content
  • Media Pack

© 2021 Expert Circle

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.