How to Disrupt Yourself
How to Disrupt Yourself
I write this piece with apprehension on my mind.
The reason why I am trepidating with fear is because I just
got information that shocked me to the marrow.
Kodak filed for bankruptcy in 2012.
However, Steven Sasson (the inventor of the first digital
camera in the world) was an employee of Kodak.
In 1975, two years after he joined Kodak, he showed these
devices to his bosses. His bosses were unimpressed and were convinced that
nobody would want to look at pictures from a television set.
Kodak’s marketing department also resisted it, because they
believed that it will cannibalize film sales.
Sasson filed the patent for the electronic still camera in
1977.
In 1989 Sasson and Robert Hills made the first DSLR camera.
Kodak didn’t embrace the camera, even though they made
billions from the digital camera patent until when the patent ran out 30 years
later.
I am sure you are pondering, what I am pondering.
May we never see an idea that will make us global leaders
and resist it?
However, I begin this piece with a fundamental question:
How do you disrupt
yourself?
How frequently do you
go back to the drawing board to re-strategize?
Over the years, I have realized that what happens to large
organizations is that they resist change, when all is going well. Some
organizations even refuse to invest in Research and Development.
Infact, as human
beings we like to toe the path to least resistance, we love sitting in our
comfort zone.
What we fail to understand is that the ultimate measure of a
man is not where he sits during periods of comfort, but how he faces trials and
challenges.
These were the words of Martin Luther King many years before
the word disruption came on mainstream.
My focus today is not on organizations, but on people,
because if we get people to disrupt themselves, then they will disrupt their colleagues,
their workplace and eventually transform their organizations.
So back to people, look around you and ask yourself the
following questions:
1.
When was the last time you went back to the
classroom after your first degree?
2.
When was the last time you tried to learn
something new or acquired new skills?
3.
Will you be willing to go back to the classroom
to enable you double your earnings?
4.
Will you be eager to set up a research and
development in your organization?
5.
Would you be willing to change jobs, even if the
payoff will come in 2 to 5 years’ time?
6.
Do you read a book every month?
If you answered NO to any of these questions, then you are
not ready to disrupt yourself.
However, if you are ready to disrupt yourself, then you MUST
do the following:
A.
Read a
book every month (Focus on Business, Economics, Leadership and Religion)
B.
Be
adequately Informed (Watch News Channels, Read Business Magazines like HBR,
The Economist, Mckinsey Quarterly and every information you can lay your hands
on)
C.
Think globally
and Act Locally (Travel out of your country/state at least twice a year,
and when you do look out for ideas working abroad and bring them back home.)
The founder of Red Bull Dietrich Mateschitz
observed the popularity of a cheap energizing drink called Krating Daeng among
truck drivers and construction workers when he traveled to Thailand in 1980.
When he discovered that the drink cures his
jet lag, he decided to license the product and sell it in Austria under the
name Red Bull Energy Drink.
D. Go back to the classroom preferably a business
school, marketing or school of innovation.
My reason: Peter Drucker said and I quote
that: Because the purpose of business is
to create a customer, the business enterprise has two–and only two–basic
functions: marketing and innovation. Marketing
and innovation produce results; all the rest are costs.
So go back to class and learn how to sell
more and keep innovating.
E. Never stop learning. Tom Peters says that
leaders must spend at least 24 days per year in the classroom.
All these things you must do for you to disrupt yourself and
stay in the cutting edge world that is becoming highly disruptive.
Thanks for this great piece.
ReplyDeleteThanks for this great piece.
ReplyDeleteIfy, you are welcome. Thanks for the feedback.
ReplyDelete