Things to do to Leverage Disruption
Disruptions vary in magnitude and effect; for instance, enormous disruptions brings about a knack of a schism that distinguishes chaffs and wheat in an enterprising organization. Every organization experiences different battles, from market disruptions to natural disasters. Recession and failure can lead to a fight for survival in the business world. For example, the looming global pandemic, COVID19, is a typical unprecedented disruption that has affected enterprises’ survival and continuance. Most businesses have been hit hard by the pandemic and are jeopardized for liquidation. However, the pandemic has also led to the birth of other multimillion organizations that are thriving amid the severe effects other companies are experiencing. Indeed, every organization should be proactive in preparing for unprecedented disasters to facilitate growth and survival in worst-case scenarios like the current pandemic. Notably, legacy-oriented enterprises need to decrypt the importance of disruptions by cementing their commitment, positively embrace cultural transitions, and empower transition agents. Here are the things to do to leverage disruption.
Accommodate Risk-taking behavior and Entrepreneurial Culture
Most organizations are dogmatic with control and command organizational systems. Such a robust pattern hinders entrepreneurial culture or spirit among the employees and the management. Ideally, the top management should encourage their subordinates to embrace their responsibilities dearly to facilitate innovativeness, cut on waste, and ultimately increase the performance of the organization. Additionally, caution in business makes one careful in every process of business growth. However, one can embrace the disruption of risk-taking without being malicious or defiant. Leverage should be painstaking but should accommodate risk-taking behaviors and actions.
Bypass Bureaucracy and Flow against the Current
The preprogrammed organizational structure and process encourage bureaucracy. It also embraces obsolete hierarchical processes. Although technological embrace is critical to any modern organization, it cannot help bypass bureaucracy. However, diligence and hard work would be necessary to accomplish the bypass. Commitment to challenge bureaucracy ascertains the success of leveraging technological disruptions in the organization. Riding against the current can be hard but necessary for future development.
Embrace Trust
Trust is a key ingredient regarding the success of disruption leveraging. Change is inevitable and encourages innovation. Both organizations and individuals experience varied transitions. Change can be an unprecedented but necessary calling for prior preparation and a plan to facilitate a smooth transition. Most organizations and individuals remain reluctant to embrace change. Trusting the outcomes and individual initiating and advocating for transition across an organization can help the company maneuver the onset without incurring damages and losses. Also, trust can help harness novel technological approaches while addressing particular concerns.
Conclusion
Technology comes with its pros and cons that lead to massive transitions within an organization. However, technological disruptions can be leveraged, and profitability realized through the embrace.