Disruptive Innovation

Disruptive Innovation

We live in a digital world – as we all know. Technology has changed game plans and has pulled the rug out from under proven business models. Just a few decades ago it was much easier to predict which skills were needed and which skills and capacities were already present in your own organization. The need for flexibility – to quickly get hold of the right people and to “plug in” the right implementation force at a given point in time – is more important than ever. We now know that the average life span of a company listed among America’s 500 largest companies has fallen from 67 years in the 1920s to 15 years today. 89% of Fortune 500 companies in 1955 are currently not included on the list. 40% of the companies on the list today will not be there in 10 years.

In his book “Exponential Organizations”, an Amazon bestseller, Salim Ismail describes the phenomenon; how certain types of businesses can grow exponentially rapid and change game plans.

He particularly emphasizes the need for a flexible implementation force.

Salim Ismail is a Canadian investor, speaker, consultant, and entrepreneur. He is also the co-founder of the Singularity University at NASA Research Park in Silicon Valley. In one of his public lectures, available to view on YouTube, he explains the phenomenon.