Reinvention

The New “Table Stakes”

No job, business or industry is immune from disruption. Cab drivers face Uber, algorithms replace “wealth managers,” “drones” displace soldiers and “artificial intelligence” invades white-collar professions. New jobs and industries will emerge. Prepare to take advantage of them.

Surviving the “Age of Disruption” successfully requires acknowledging a state of constant change, anticipating professional disruption, building change skills, and acting quickly through personal and business reinvention.

Face change while you have the option of exercising control. Responding to change – even through radical reinvention – is just the “table stakes” that start the process. To lead and thrive in the rapidly approaching future, anticipate change. Make it occur. The speed of change in your firm must exceed the rate of external change.

“Global Shockwaves”

The era of profound, rapid change may have begun in 1981, when Japanese cars began disrupting the American auto industry. Since then, other global shockwaves include the demise of the Soviet Union in 1991, the emergence of the World Wide Web in 1996 and the global recession of 2008...