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Top 22+ Business disruption

How disruptive is your business?

Confronted with an increasing rate of change


We live in times of change.

It is a new era in which the word disruption is not as impressive as it once was because its happening more often.
Todays businesses are disrupting yesterdays businesses, and tomorrows businesses will be disrupted even faster. Disruption is the new normal. How disruptive is your business?

13 September 2013

www.torbenrick.eu

#1 - Business disruption - Social Media


Lets start with probably the most prominent business disruption in the last decade:

Traditionally, companies controlled their message and their brand through well-defined media venues. But not anymore.
Social media lets your customers, your employees, and your competitors all converse in open communities, defining and redefining your corporate and personal brands - in real time. Companies that are wrong-footed in their response to social media are more and more having spectacular meltdowns, followed eagerly by thousands.
13 September 2013 www.torbenrick.eu 3

#2 - Business disruption The sharing economy


The internet has evolved from communication to social media and the new shared economy. These new services rely on the web, impersonal relationships, and they are based on ratings and reciprocal reviews from unknown people to build trust among their users.

13 September 2013

www.torbenrick.eu

#3 - Business disruption - PC industry


The PC industry is hit by the most significant disruptive change it has ever seen and not every company will survive this disruption, or at least continue in their current form. The emergence of the iPad has caused PC industry growth to slow and even decline.

Disruption

13 September 2013

www.torbenrick.eu

#4 - Business disruption - Streaming music


Streaming music services can be seen as a modular architecture because customers dont need to worry about the hardware and all of the bells and whistles they can simply configure their songs and stream the music from anywhere. It provides great flexibility for customers to control their music content without a centralized service system and proprietary hardware.

Disruption

13 September 2013

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#5 - Business disruption CD Player


From CD player to NAS and network player After 20 years designing and manufacturing world-class CD players, Linn stopped production of CD players at the end of 2009

Disruption

13 September 2013

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#6 - Business disruption CD Player


From CD Walkman to portable Mastering Quality Sound player Supports up to 24-bit / 192kHz Bit to Bit Decoding, support for up to 192 GB

Disruption

13 September 2013

www.torbenrick.eu

#7 - Business disruption - Book publishing


Giant disruption is projected to sweep the publishing world faster than expected. even

The pace of change in the book publishing world accelerates, leaving brick-and-mortar book stores in serious trouble.

13 September 2013

www.torbenrick.eu

#8 - Business disruption - Hotels


9Flats, HouseTrip, Wimdu and Airbnb offering the convenience of a hotel, the comforts of a home and the price tag of an up-market hostel - lets call them peer-to-peer hotels
Disruption

It is the most prominent example of a huge new sharing economy, in which people rent beds, cars, boats and other assets directly from each other, co-ordinated via the internet.

13 September 2013

www.torbenrick.eu

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#9 - Business disruption - TV industry


Disruption is coming to the TV industry and there will be a new set of distributors leveraging fundamentally different cost structures to the old regime. The phenomenon is called Cord-cutting and has been a growing trend since Netflix liberated the common user from traditional cable services. Fast internet, mobile devices, and the success of the earliest firms in the space have eliminated most barriers for OTT (Over The Top Content) content producers to enter the market.

13 September 2013

www.torbenrick.eu

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#10 - Business disruption - Marine navigation


Smartphones and tablet-PC have already disrupted or is disrupting many different business. The potential to disrupt several other businesses is huge Smartphones and tablets create numerous opportunities to identify new processes and business models. More and more customers are replacing there expensive $400 $600 marine navigation unit with a $20 iPad app that works better.

13 September 2013

www.torbenrick.eu

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#11 - Business disruption - Cash registers


The traditional cash register is heading toward obsolescence More and more businesses are trading in clunky cash registers for tablet computers, particularly iPad, to process and record payments

Disruption

13 September 2013

www.torbenrick.eu

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#12 - Business disruption Film roll


From film roll to SD memory card

Disruption

13 September 2013

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#13 - Business disruption - Camera


From digital cameras to mobile phones with camera

Disruption

13 September 2013

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#14 - Business disruption - Bricks & mortar


With a string of high-profile bankruptcies and thousands of layoffs, the retail sector is in upheaval as it struggles with the challenges of changing customer trends and online shopping. The traditional bricks and mortar retail is perhaps one of those most affected by the advent of the Internet: Borders, Blockbuster, Comet, HMV, Jessops, etc.

13 September 2013

www.torbenrick.eu

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#15 - Business disruption - Banks


Banks are changing dramatically amid an avalanche of regulatory change and widespread debt reduction. But this is not the only disruption which banks are experiencing: The peer-to-peer lending sector is growing fast.

Disruption

13 September 2013

www.torbenrick.eu

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#16 - Business disruption Car rental


A car used to be the ultimate symbol of freedom and independence but increasingly consumers view ownership as an expense and a burden. Car Sharing is becoming increasingly popular with its promise of personal convenience and social improvement.

Disruption

13 September 2013

www.torbenrick.eu

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#17 - Business disruption Telecommunication


Over the last decade, driven by growth in broadband networks and reductions in costs, voice over Internet Protocol (VoIP) services have proved to be a disruptive technology that has transformed the telecommunication industry. VoIP has gained widespread acceptance among service providers, consumers and businesses, offering a cheaper way to get in touch. Instead of using conventional landlines, people can make phone calls via the Internet. VoIP has been nothing short of a nightmare for fixed operators.

Disruption

13 September 2013

www.torbenrick.eu

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#18 - Business disruption Telecommunication


Mobile SMS disruption - Forget SMS! Services like WhatsApp lets you send messages to users on any of the supported platforms without paying anything except your standard mobile data fee The cross-platform messaging app has hit 250 million active users

Disruption

13 September 2013

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#19 - Business disruption Sat


From home satelit dish to TV through optic fiber

Disruption

13 September 2013

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#20 - Business disruption Gaming hardware


Companies like Gaikai are working tirelessly to redefine the way people access and play video games - cloud gaming platform. Several companies now offers CPU and GPU power through the internet, primarily aimed at those who play highly demanding computer games. The need for expensive hardware will be reduced

Disruption

13 September 2013

www.torbenrick.eu

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#21 - Business disruption Airlines


Low cost carrier (LCC) model has captured the attention across the globe. Flying only one type of plane, having a point-to-point route structure, providing one class of service and not having meals and assigned seats are the defining attributes of this model.

Disruption

13 September 2013

www.torbenrick.eu

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#22 - Business disruption Newspapers


The widespread availability of electronic reading devices (tablets, smartphones, e-readers), the ubiquity of an Internet connection and the advances in digital monetization could lead to the disappearance of newspapers. Newspapers are dying, but they're not dead yet.

Disruption

13 September 2013

www.torbenrick.eu

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What is next?

How disruptive is your business? Top 5+ disruptive change questions

13 September 2013

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Thanks
Torben Rick http://www.torbenrick.eu Blog http://www.torbenrick.eu/blog/

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