Is this the scariest question any leader can be asked?
What’s your disruption strategy?
As a facilitator I have found that leaders answer this question in basically two ways.
1. Yes we have one.
What does it say?
Is it still relevant?
Are you being disrupted now (e.g. taxi) or about to be disrupted (e.g. car industry)?
Or are you a disruptor (e.g. Apple or a new startup)?
Have you identified your disruption weaknesses or hot spots?
Have you identified the who, when, where, what, why and how of your disruptive threats?
On the other hand, have you identified new areas of growth?
These could be within your own business by disrupting what you do or by disrupting others.
2. You don’t have a disruption game-plan.
Good luck.
Even McDonald’s the essence of efficiency is trying to reinvent itself.
It’s not too late.
Hint: Start with the consumer or customer experience.