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Three Signals Your Industry Is About to Be Disrupted
Article

Three Signals Your Industry Is About to Be Disrupted

It’s safe to say that no industry will be left untouched by digital disruption. Is yours next?


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Editorial Rating

8

Qualities

  • Analytical
  • Well Structured
  • Concrete Examples

Recommendation

Think your industry is safe from digital disruption? Think again. If you’ve got customers, you’ve also got some upstart out there who’s devising a new way to serve them. The hospitality, taxi and recruiting industries probably never imagined disruptors like Airbnb, Uber and LinkedIn, just as supermarkets and health care never expected online retailer Amazon to step into their spaces. If you want to protect your business, this MIT Sloan Management Review article with its vital analysis is a good place to start.

Take-Aways

  • If your industry is heavily regulated, it’s vulnerable to digital disruption.
  • Industries with complicated cost models and brokers are also exposed to digital disruption.
  • If customers dislike doing business with you, they'll be open to innovative offers from new competitors.

About the Authors

Megan Beck is the CIO and Barry Libert is the CEO of AIMatters, a company that uses machine learning to guide corporate strategy. Both are fellows at the Wharton School’s SEI Center.


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