There are two things you can do to mitigate the element of surprise when it comes to your business model being disrupted, in addition to keeping a constant vigil on the external social, economic and market forces out of your control that can potentially disrupt your business.
First, you can assess the strengths, weaknesses, opportunities and threats to your current business model. Go through each of the nine elements, and evaluate them as objectively as you can. Second, you could become the disruptive innovator.
Author: Matthew E. May
Source: OPEN Forum (American Express)
Subjects: Management, Strategy