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1.9 - Coggle Diagram
1.9
Managing disruption
Pro-active approach to plan, manage and limit disruption
Horizon scanning
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The output from horizon scanning can be used as input into the development of disruption and/or for use in defensive strategies in preparation for future disruptions
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Open innovation
Open innovation focuses on enabling organisations to benefit from the ideas and technologies developed beyond their own organisational boundaries.
Outside In
external ideas and technologies outside are brought into the firm’s own innovation process from outside.
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Inside Out
ideas and technologies developed by the organisation (typically those it does not plan to make use of in its own products and services) can go outside to be incorporated into others’ innovation processes in exchange for a benefit.
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“the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively.” Henry Chesbrough
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Wider factors
The debate around AI
Concerns are being raised that AI-driven automation will reduce employment in many sectors, and about the ethics and potential bias of AI-based systems.
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Most of us will consider an increasing focus on ethics, sustainability, privacy and wider societal factors as a good thing.
Dealing with disruption
Organizations will have to take measures to avoid being disrupted and sometimes these measures might be hard to cannibalize their own businesses to stay solvent.