10 REALITIES ABOUT YOUR BUSINESS MODEL
"If you aren’t busy thinking about how to disrupt your business model, someone else probably will!"
Disruption is real, it’s big, and it’s happening faster than you think.
My job as a futurist has me doing an increasing number of CEO level events for Fortune 500 companies around the world, participating in leadership meetings which are focused on the massive transformations and disruption occurring in every single industry. Clients such as NASA, Disney, Godiva, Nikon, Mercedes Benz, Johnson & Johnson, and many more.
All of them know their business model is changing, and have realized they need to change it – before it changes them.
Will you do the same thing?
The Reality of Your Business Model
- Right now, there are probably a bunch of really smart people figuring out to disrupt your business model
- If you aren’t busy thinking about to disrupt your business model, they most certainly will.
- They’ll probably do this sooner than you think they will.
- The result is that 10 years out (or less), your business model will look nothing like it does today.
- Those that do mess up your business model are quite likely to be younger than you; for many folks, age provides for complacency.
- The fundamental change to your business model driven by this younger generation will be the result of digital, smart, intelligent, location-oriented technology.
- They’ll use this technology in such a way they’ll come out of left field with a business model idea that you’ve never even thought of before.
- Their business model will carry an undeniable ‘coolness factor’ that you can’t simply match.
- Most likely, you’ll discount the importance of their innovation, until it is much too late.
- The result will be dramatic change :its likely that your current business model will not even survive: and your company might not as well!
Jim Carroll spends time with organizations worldwide, providing his insight at large scale conferences and internal, private leadership meetings on the realty of business model disruption.
Explore some of his Topics and Trends – and in particular, his keynote Disrupting Amazon: Accelerating Strategies for Success in the Era of Industry Transformation
RECENT BLOG POSTS ABOUT BUSINESS MODEL DISRUPTION
The Future of Trucking and Transportation: Connectivity is the New Horsepower!
The National Automotive Dealers Association has booked me to join them for their annual conference in Las Vegas next
What is Innovation? This Is!
Rethink it! It's about asking yourself three questions - what can I do to run the business better? Grow the
Pardon Me While I Interrupt Your Complacency! Companies Die From Organizational Sclerosis: Here’s Why!
Some months back, I was I'm killing some time waiting for ay flight in Paris's Charles deGaulle airport. With a little
It’s Not About Disruption – It’s About Massive Industry Transformation
On stage, I will often point out that we are living in a period of time that is seeing massive transformation occurring
Reinventing Revenue, The End of Oil, Chemical Science and Massive Business Model Disruption!
Need to understand the Saudi Aramco IPO? Simply put, they know oil is over, that chemical science is the future, and
Daily Inspiration: “If everyone around you is busy reinventing their business model and you are not, what does that suggest to you about your priorities?”
“If everyone around you is busy reinventing their business model and you are not, what does that suggest to you about
The Disruptive Velocity of Industry Change: Cars Have Become Computers, and Traditional Auto Companies Can’t Keep Up
Cars have become computers. And the fact is, most car companies can’t keep up as the speed of change shifts to the
Thinking Big & Bold: That Moment I Predicted the Tesla Business Model in 2003!
Back in 2003, I pretty much predicted the emergence of the Tesla business model and the disruption occurring today in
WTF! Most Sales Conferences and Dealer Meetings Today are a Failure: Here’s Why!
"Do what you've always done, and you'll get what you've always got." So goes the phrase. Which increasingly, in a world
Daily Inspiration: “Your path of business model obstruction? Let me remind you how well that worked for record companies!”
“Your path of business model obstruction? Let me remind you how well that worked for record companies!” - Futurist
Video: Rapid Reinvention and Chameleon Revenue
Your legacy is your death. Watch this clip - CEO's are talking about the need to provide for revenue streams where
Video : Is Your Brand From the Olden Days?
Is your brand from the olden days? Probably. I nailed this as a trend years ago. With that, here's a video from the
Daily Inspiration: “Is your brand suddenly something from the ‘olden days?’”
“Is your brand suddenly something from the ‘olden days?’” - Futurist Jim Carroll Here’s an interesting
Video: Highlight clip, EY Client Tax Conference : Dealing with the Disruptive Challenges of our Time
Two weeks ago I spoke for @EYCanada's National Client Tax conference. I challenged the audience to think about the
Daily Inspiration: “New levels of disruptive change might result in some innovation deprivation. Stay imaginative in order to acclimatize to your new surroundings!”
“New levels of disruptive change might result in some innovation deprivation. Stay imaginative in order to
Video: “Keep Your Powder Dry – Because the Future is Bigger Than You Think!”
Microsoft had me in to open one of their major customer conferences - and so I opened the event with a barnburner of a
WATCH AN AUDIENCE RESPOND TO THE QUESTION OF BUSINESS MODEL DISRUPTION
Do you think your business model will survive into the future?
Check this clip – Jim is doing a live, interactive text message poll with his audience, asking them that very question.
Watch the results unfold in real time – and then ask yourself : would your audience react in the same way?