Leading through disruption

07 Jul, 2023 - 00:07 0 Views
Leading through disruption Nokia

eBusiness Weekly

Arthur Marara

Leading in disruptive times can be challenging. In an era of constant disruption, navigating the complexities of leadership requires a robust and agile mindset. The conventional approaches to leading are no longer sufficient in these transformative times.

Effectively leading amidst disruption demands a distinctive skill set and an adaptive approach that embraces change and uncertainty. Leading in disruptive times requires a unique skill set and approach that is different from traditional leadership.

“Disruptive leaders don’t fear the winds of change; they harness their power to chart a new course and set sail towards uncharted horizons.”

This quote encapsulates the essence of disruptive leadership, emphasising the courage to embrace change as an opportunity for transformation and innovation. It highlights how visionary leaders leverage disruptive forces to navigate unexplored territories and create new possibilities.

Leading during disruptive times can be challenging. In this article we will share some thoughts that may help you on this journey;

1. Be adaptable:

In disruptive times, you need to be able to adapt to changes quickly. This means being open to new ideas and ways of doing things and being willing to pivot when necessary.

In today’s fast-paced and ever-changing world, the ability to adapt is more crucial than ever. Being adaptable means having the capacity to respond effectively to unexpected or disruptive events, as well as embracing new ideas and approaches. It is a valuable skill that enables individuals and organisations to thrive in uncertain environments and capitalise on emerging opportunities.

Case studies in adaptability

There are numerous case studies that highlight the importance of adaptability in business. Here are a few practical examples:

Netflix: Originally started as a DVD-by-mail rental service, Netflix adapted its business model when streaming technology became more accessible. They shifted their focus to online streaming and invested heavily in creating original content. This adaptability allowed them to remain relevant and dominate the entertainment industry.

Nokia: Nokia was once the market leader in mobile phones. However, when smartphones emerged, Nokia failed to adapt quickly enough. Their reluctance to embrace touchscreens and shift from hardware-centric to software-centric strategies resulted in a significant decline in their market share.

This case study serves as a cautionary tale about the consequences of failing to adapt to changing technologies and consumer preferences.

Amazon: Amazon started as an online bookstore but recognised the potential of e-commerce early on. Over time, they expanded their product range, introduced services like Amazon Prime, and developed innovative logistics and distribution systems. By continuously adapting and leveraging new opportunities, Amazon became the global giant it is today.

Blockbuster vs. Redbox and Netflix: Blockbuster, a video rental chain, failed to adapt to the changing landscape of the movie rental industry. In contrast, Redbox capitalised on the growing demand for convenient and low-cost rentals through its self-service kiosks. Netflix embraced streaming and disrupted the traditional rental model. Blockbuster’s inflexibility ultimately led to its bankruptcy, while Redbox and Netflix flourished.

These case studies demonstrate how adaptability can drive success in business by responding to technological advancements, shifting consumer needs and emerging market trends. Being able to identify and embrace change is crucial for thriving in today’s dynamic business environment.

Importance of being adaptable

Embracing change: Disruptive times are characterised by rapid advancements in technology, shifting market trends and unpredictable circumstances.

By being adaptable, you can navigate through these changes with agility and resilience. Instead of resisting or fearing change, you are open to it, recognising that it brings new possibilities and can lead to growth.

Staying relevant: Adapting to change ensures that you remain relevant in your field or industry. By continuously learning and seeking innovative solutions, you can stay ahead of the curve and avoid becoming obsolete.

Adaptable individuals are willing to acquire new skills, update their knowledge and explore alternative methods to meet evolving demands.

Seizing opportunities: Disruptive times often present unique opportunities for innovation, entrepreneurship, and advancement.

Adaptable individuals are quick to recognise and seize these opportunities, leveraging their flexibility to pivot and explore new prospects.

By embracing change, you position yourself to identify emerging trends and capitalise on them before others do.

Enhancing problem-solving skills: Adaptable individuals excel at problem-solving. They approach challenges with an open mind, looking beyond conventional solutions and considering different perspectives. This mindset allows them to think creatively, experiment with novel approaches and adapt their strategies based on real-time feedback.

This adaptability fosters a culture of continuous improvement and resilience, enabling individuals to overcome obstacles and achieve success.

Building resilience: The ability to adapt fosters resilience – the capacity to bounce back from setbacks and persevere in the face of adversity.

Disruptive times often bring unforeseen challenges, such as economic downturns, industry disruptions, or personal hardships. Adaptable individuals possess the mental flexibility and emotional strength to weather these storms, learning from setbacks and using them as stepping stones for growth.

Fostering collaboration: Adaptability promotes collaboration and teamwork. When individuals are open to new ideas and perspectives, they create an environment that encourages innovation and creativity.

By embracing diverse viewpoints, adaptable individuals can leverage the strengths of others and foster a culture of collaboration, leading to more robust problem-solving and improved outcomes.

Arthur Marara is a corporate law attorney, keynote speaker, corporate and personal branding speaker commanding the stage with his delightful humour, raw energy, and wealth of life experiences. He is a financial wellness expert and is passionate about addressing the issues of wellness, strategy and personal and professional development. Arthur is the author of “Toys for Adults” a thought provoking book on entrepreneurship, and “No one is Coming” a book that seeks to equip leaders to take charge. Send your feedback to [email protected] or Visit his website www.arthurmarara.com or contact him on WhatsApp: +263780055152 or call +263772467255.

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