Lang Davison and John Hagel, “Reshaping the Future: The Risks and Rewards of Innovation in a Changing World”, Deloitte Insights, 2009/01

How should companies evolve strategy as technology-driven infrastructures change?

Innovative companies can’t simply adapt to change; they need to instigate that change before the ground shifts from under them. Shapers alter mindsets; they shake things up — and they can move worlds.

Highlights:

  • Historically, once a new innovation has disrupted an industry, things tended to stabilize, but not anymore. Why are disruptions that are brought about by new technologies not being followed by a period of stabilization?
  • What makes a good shaper?
  • How can companies translate a shaping view into a successful business strategy, and why is a shaping view better than a vision?
  • For companies that take the plunge, you recommend a strategy called FAST — an acronym that stands for Focus, Accelerate, Strengthen and Tie it Altogether. Can you describe how FAST works in practice?

Reshaping the Future: The Risks and Rewards of Innovation in a Changing World | Deloitte Insights podcast – Deloitte LLP

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David Ing blogs at coevolving.com , photoblogs at daviding.com , and microblogs at http://ingbrief.wordpress.com . See .

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