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Responding to digital disruption

Seizing opportunities and managing risks

Digital disruption - Short fuse, big bang? outlines three ways business and government can respond to digital disruption:

  • recalibrating cost structures
  • replenishing revenue stream
  • reshaping corporate strategies

The threats and opportunities posed by digital innovation and new technologies, such as cloud, mobile, social media and data analytics, coupled with emerging cyber-security means that business strategies need to be urgently reviewed.

Boards of Directors should be active in overseeing the development of digital strategies and ask executives the hard questions about the right mix of strategies.

Governments have an important role to play in responding to digital disruption both as service providers in health, education and other areas, and also as regulators who set the regulations comprising the digital landscape for business.

 

Recalibrate, Replenish, Reshape

Click one of the nine levers to assess your response to digital disruption.

Capacity to act Risk management Assest mix New business model New geographies New segments Overhead Supply chain People

Digital disruption responses


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Frank Farrall Clare Harding  

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Frank Clare  

 

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