Overcoming the Challenges of Disruption – Making Revolutionary Decisions!

We are in an era of disruptive innovations! An Era of fast fishes that’s capable of eating the big fishes those are relatively slow in action!

This business era of disruptive digital revolution underlines the need of being an innovator or an early adopter again and again!  But it’s not easy for leaders of Enterprises as well as Startups to make the right decisions, because things within and around businesses are transforming faster than we estimated, and there are many parameters to be considered to take the right decision! There are intuitive decision-makers – who rely on their feelings and analytical decision makers – who rely on facts and figures to make a strategic decision.

Einstein said that Imagination is powerful than knowledge! Knowledge is derived based on our experience and it’s already defined by masters in a simplified way.

For innovating and being a forerunner, an organization should be imagination driven, it should be able to foresee and define the future, more than everything it should be able to nurture a creative workforce who contributes in building better ideas and visions.

But here comes the challenge, now you have to learn to balance your imaginations, knowledge, facts and figures. The biggest challenge could be – not having your imagination shadow the facts in the market including target market behavior, or vise-versa where the facts and figures not to limit your imagination!

We have two types of leaders or decision makers in the industry:

• Traditional Or Formal Decision makers:

Here decision making is done based on primary and secondary market research and predictions by leading business consulting firms like Gartner, Forrester, etc. They normally follow the books and hesitant to experiment and think different.

• Revolutionary Decision makers:

 A revolutionary decision maker doesn’t follow the books or processes. He is driven by imaginations and daring to think differently and take very strange decisions that have a strong impact and causes disruptions in the economy and the respective industry. For example, Steve Job was advised by experts to choose to be a B2B computer manufacturer in the initial stage of Apple. But his vision was not to become another IBM, he followed his instincts and positioned Apple as the most premium Personal Computer in history!

How are you going to balance the need for pursuing the future without disturbing your current business processes?  Interested in a discussion?  Feel free to reach out to us!