Ever present change is redefining everything, disrupting conventional assumptions on how the economy, healthcare, education, and businesses work. Organizations are suffering painful adjustments as they react to the latest disruptive challenges which bring new and different problems to solve.
The Demographics are Changing
The millennial generation, seventy-three million strong, primary sources of news and information is the internet. Highly educated and technologically connected, they communicate much differently than the earlier generations.
Ten thousand baby boomers are reaching age sixty-five every day. One of the most challenging workforce issues is the loss of leadership and skills from retirements.
Winning the talent war.
Like customers, talent is in demand. Like customers, talent has choices. Like customers, you do not pick talent; they pick you. Like customers, talent shops online for jobs. Customers check ratings; talent checks reputations. Customers check prices; talent checks salaries.
Cybersecurity is about protecting society as a whole, the nation’s increasingly complex and interconnected vital economic infrastructures, government agencies, industries, businesses, hospitals, and individuals who depend on computers, software applications, and networks from attacks by hostile actors.
Disruptive Cybersecurity Laws & Regulations
The principles-based regulatory approach articulates the objectives and principles that an organization is expected to follow, without describing the detailed systems design for regulatory compliance.
In the rule-based approach, the regulatory compliance process is stipulated in detail, what the regulated entity must do, or cannot do, including recommendations for cybersecurity best practices.
Digital Disruption
Technology will continue to get smarter, smaller, faster, more networked, and integrated into everything. 5G, the fifth-generation communications networks will be transformative. Supporting many new business models, new products, and services through a diverse set of new devices with different latency and performance requirements.
Smart cities, automated factories, autonomous vehicles, remote patient monitoring, wearable health, and exercise tracking devices, the Internet of Things, Google, Amazon, and mobile content streaming will all generate data that will be collected and stored in cloud computing systems.
The data will then be analyzed by artificial intelligence and deep learning looking for and classifying patterns and insights. Machine learning will then track changes in the trends, patterns, and insights, over time. The resulting perspectives and insights will be used to drive informed decision-making, improving healthcare outcomes, for new innovative projects, prototyping, experimentation, learning, and new business models.
Disruptive Business Models
The interrelated causes and effects of a few technologies amplifying one another’s impact will drive a firm’s business model, customer value proposition, what products, and services they launch and their long-term survival.
The traditional hierarchical structures that were designed to ensure predictability, conformity and budget control are being redesigned for speed, agility, and adaptability.
Established market leaders tied to their old business models are being replaced with new disruptive business models that create superior customer value, at a lower cost.
Amazon’s business model involves disruptive technologies, disruptive business partnerships, and disruptive delivery systems