Digital Disruption—Is Your Industry Next? by Vincent Chhabra

Vincent ChhabraV I N C E N T C H H A B R A V E N T U R E S . C O M

D I G I T A L D I S R U P T I O N

by Vincent Chhabra

I S Y O U R I N D U S T R Y N E X T ?

A L O O K A T T H E I N D U S T R I E S E X P E C T I N G T H E M O S T

D I G I T A L D I S R U P T I O N I N T H E N E X T 1 2 M O N T H S


S U R V E Y

Every year, Russell Reynolds Associates surveys more

than 2,000 C-level executives across 15 industries

about their thoughts on how digital technology is

going to effect their business.


F I N D I N G S

When asked if their business expected to be

moderately or massively disrupted by digital in the

next 12 months, here's what they said:


D A T A


M O S T D I S R U P T E D

THE MOST DISRUPTED INDUSTRIES TYPICALLY HAVE:

low barriers of entry into their sector, leading to

more agile competition

large legacy business models that often generate

the majority of their revenue

deep rooted cultural and organizational challenges

that prevent changing pace expediently


L E A S T D I S R U P T E D

THE LEAST DISRUPTED INDUSTRIES TYPICALLY HAVE:

perceived higher barriers to entry into their sector

high-revenue areas of their business model that are

not easily digitized

insiders leading the disruption


H O W T O P R E P A R E

1. Catalytic roles. New employees can bring new insights and

perspective and act as catalysts for transformation.

2. Culture. Organizations that foster a culture of data-based

decision making will be able to recognize and adjust to

changes more quickly.

3. Commitment. Digital strategy should be integrated into

the core processes of the organization.


V I N C E N T C H H A B R AI S A B U S I N E S S D I S R U P T O R I N T H E

M E D I C A L I N D U S T R Y

T O L E A R N M O R E A B O U T H I S L I F E A N D C A R E E R ,

V I S I T V I N C E N T C H H A B R A V E N T U R E S . C O M

Digital Disruption—Is Your Industry Next? by Vincent Chhabra

Business