We expect change. We welcome innovation. But in today’s business world, disruption has become the new norm. Disruptive forces don’t simply improve an existing product or service, they displace it, creating something new in its place. While technology enables this disruption, by providing greater connectivity and access to data that changes how we live, work and play, it’s the spaces we create that have the power to drive the innovation that’s required for organizations to evolve and remain relevant in today’s disruptive environment.
Disruptive forces are at work all around us. The sharing economy has changed the hospitality industry (Airbnb); the taxi industry (Uber, Lyft); and the investment banking industry (Crowdfunding, Kickstarter). Cyber learning is shifting the future of higher education. Technology companies are shaking up financial services and the automotive industry. Social media is reshaping journalism.
Participants at SmithGroup’s Workplace Practice Roundtable shared the key disruptors in their field, and discussed how the workplace can prepare organizations to be resilient and agile in this disruptive new world. After all, in the words of Charles Darwin, “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.”