Let’s talk digital disruption. I’m highlighting an opinion piece in CIO Dive that looks into industries that are disrupted, with a lens for analysis.
The biggest impacted industries?
Travel, Tourism, and Hospitality, then airlines, commercial real estate, and then media, logistics, automotive, and retail.
Those industries with minimal impact? Pharma, Medical devices and healthcare, Technology, chemicals, and utilities.
The analysis lens compares both short term liquidity impact against profitability impact for 2020 into 2021.
Also covered – demographics. Every day in the US, 10,000 people turn 65, and a similar number of millennials and Gen-Z’ers advance their careers or enter the workforce.
Why do we care?
I’m highlighting this piece because of how it works through the analysis framework for understanding disruption. This is useful for a number of reasons.
First, you care to do the analysis of your customer base and know which industries you should be concerned about. The list isn’t necessarily new, but that doesn’t mean it’s less valuable.
Second, you can mine this for opportunities. In those industries BEING disrupted, new investments in change are going to be more welcomed. They are interested in solving the problem.
Finally, it’s a methodology. The analysis matrix gives you reusable process ongoing. That’s three bits of value here.
Source: CIO Dive