Innovation is a top priority for all companies, with the unicorn of innovation being “disruption”. Possibly the easiest way to innovate is to disrupt an existing industry (think Uber or Airbnb).
Many executives we work with are tasked with innovation as part of their jobs, and need a strong strategic thinking toolkit to do so. We share this article because it provides a framework for thinking about industry trends, to spur new ideas on where disruption might be possible.
In the business.com article by Anna Johansson, Shake It Up: How to Identify Industries That are Ready for Disruption learn about the telltale signs of markets that are ready for disruption, and read some examples of markets the author believes are poised for disruption. Add this to your strategic thinking toolkit!
What are your favorite tools for spotting industry trends?