Do you recall Kodak?
The giant that once dominated photography.
Their downfall?
They saw digital as a threat, not an opportunity.
Yet, amidst disruption, some thrive.
Apple pivoted from just computers to redefine mobile phones, music, and more.
How do businesses not just survive but flourish?
Mitch Joel is here to reveal the secret.
Disruption's North Star
With a legacy of guiding brands through digital mazes, Mitch is more than equipped to guide us through this transformative age.
Understanding Transformation
According to a McKinsey report in 2021, 80% of companies have fast-tracked their digital transformation in response to the pandemic.
Why?
Change is inevitable.
But transformation? That's a choice.
Keys to Thriving Amidst Disruption
Adaptability:
In a world of change, rigidity is the real risk. It’s not about the strongest but the most adaptable that survive.
Continuous Learning:
Did you know?
The World Economic Forum projected 2020 that by 2022, 54% of all employees will require significant re-skilling.
Foster Innovation:
Not all changes are disruptive. Some are evolutionary. It's on us to distinguish and innovate accordingly.
Real-life Success Story: Netflix
Remember when Netflix was just a DVD rental service?
They saw the digital stream, literally and figuratively, and flowed with it.
Now?
They're a multi-billion dollar streaming titan.
Overcoming the Fear of Disruption
Disruption isn’t the danger; stagnation is.
If we let the fear of the unknown anchor us, we risk becoming obsolete.
Navigating Tomorrow
A 2019 Gartner report revealed that
ContinuousNEXT (an approach where one continuously adapts to changing trends) is crucial for future business success.
In essence,
Prepare, pivot, and persevere.
To Sum It Up
The world won’t pause.
But with insights from visionaries like Mitch Joel, you and I can move with intention, understanding, and confidence.
Ready to embrace transformation?
Listen in, and let’s navigate the tides of change together.
Communications Professional
4moWhat a fantastic night. 🥂