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Disrupting Disruption at Davos

Modern Business
Futurology Business
Being Disruptive
Virtual Reality
Quantum Computing
Machine Learning
Fog Computing

Disrupting Disruption at Davos

For those of us in the futurology business the concept of disruption has long been a central organizing principle of how we look...

5 Minutes Read

For those of us in the futurology business the concept of disruption has long been a central organizing principle of how we look at the world and the people and organizations that try to navigate it.

In white paper after white paper, and in presentation after presentation, we’ve told those that care to read or listen that “technology x is going to be disruptive”; that “company y has the potential to disrupt the market”; that “the fat margins that vendor z is currently enjoying leaves it open to disruption from lower cost alternatives emerging in the market”.

Each time we’ve bandied the D word around we’ve done it with relish and zeal; disruption – our unquestioned assumption has been – is a good thing. Don’t agree? Well, dear reader, dear audience member, you’re a dodo, you’re a Luddite, you’re not with the program. You’re toast.

This semi-mystical belief in the power – and inherent goodness – of disruption has, over the last 30 years, seeped from the pages of technology journals into the zeitgeist of modern business. As software has increasingly eaten business, business has increasingly adopted tech-centric mantras. Now even the humblest widget manufacturer is attuned to the notion of being disruptive – or being disrupted.

But a funny thing has happened recently. A funny thing that was on full-display along the snowy Promenade in Davos last week.

The disruption we’ve practiced and preached has itself been disrupted. Disruption has taken a new shape, a new form factor, a new guise. Disruption has a new name.

No prizes for guessing who I’m talking about.

Now Davos man and woman – the archetypal proselytizers of disruption – are being disrupted. And guess what? They don’t like it.

Disrupting is great fun. Being disrupted is absolutely horrible.

An unintended consequence of the ever broadening accommodation with disruption over the last generation or two has been the emergence of a new complacency. Having read every book about tech-based market disruption we’ve thought that a rose is a rose is a rose. With our tech-centric hammer to hand, every problem has become a tech-centric nail to bash home.

But that’s the great (or awful) thing about disruption (depending on where you stand and what the view looks like); real disruption is always new. Always different. Always unexpected. Unforecastable.

To paraphrase (and mangle) one of the high priests of disruption, Clayton Christensen, there are two types of disruption; sustaining disruption, and disruptive disruption. Davos (wo)man (btw; that includes you, even if you weren’t actually in Switzerland – remember in the big businesses within which the majority of us work, we are all “Spartacus”) has been operating within a framework of sustaining disruption these last few decades. Though Instagram disrupted Kodak and Netflix disrupted Blockbuster these disruptions occurred within well understood market rules. As we move further into the first hundred days we don’t really know what the rules of the game are anymore. Or even what the game we’re playing is.

Real disruption is always lurking on the edge of the radar; always there. Someone on your team has told you this is coming. Someone has said, quietly from the back of the room, we better take this seriously. Surprises only happen when you’re not paying attention. And when you simply don’t want that type of disruption to occur.

So what we can take away from Davos 2017? What can we learn from this uncomfortable period in which so many of the orthodoxies that have underpinned standard operating procedure are challenged and, perhaps, overturned?

I think two things; firstly, that disruption is an ever morphing thing, which if you think you’ve got it nailed down, is probably going to slip away and fool you just when you think you’re home and dry. The unknown unknowns really are unknown.

And secondly, that, even as go about our daily work of evangelizing Blockchain, and Virtual Reality, and Quantum Computing, and Machine Learning, and Fog Computing, there are companies and people that are going to be on the wrong side of the coming disruption whose futures are not so bright. Whose better days are behind them. Who will not write the history of their great adventure. Who will not be the heroes of their story. Who will be the proverbial third spear carrier from the left when Hollywood comes to town.

Knowing that the people that we’re presenting to, who are reading our reports, who we’re consulting to, are months (or minutes) away from losing their place on the totem pole should give us all a sense of humility and humbleness, as we hand down our commandments from on high. There but for the grace of God go I.

Davos 2017 was a community trying to come to terms with the disruption ahead. Anxious at best, fearful at worst, that those who live by disruption die by disruption.

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