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For big companies, success is a blessing and a curse. You don’t get big without doing something (or many things) very right. It might start with an invention or service the world didn’t know it needed. Your product takes off, and growth brings a whole new set of logistical challenges. Delivering consistent quality, hiring the right team, establishing a strong culture, tapping into new markets, satisfying shareholders. The list goes on.

Eventually, however, what made you successful also makes you resistant to change.

You’ve built a machine for one purpose, and it’s running smoothly, but what about retooling that machine to make something new? Not so easy. Leaders of big companies know there is no future for their organizations without change. And yet, they struggle to drive it.

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Disruption has probably been overused in many areas now. From media, to advertising; from innovation, to consulting.

Disruption is also one of the buzzwords that have been used in education lately, yet few really seem to know what it means. I found this article written by Dr. Michelle Weise, who was a senior research fellow with the Clayton Christensen Institute for Disruptive Innovation at the time of writing. She is now executive director of the Innovation Lab at Southern New Hampshire University.

In higher education especially, there’s a tendency to take an exciting technological advancement, call it a disruptive innovation, cram it into the classroom experience, and then hope that efficiencies will magically appear. But a disruptive innovation doesn’t necessarily entail a technological breakthrough. In fact, in our most recent work in higher education called Hire Education, Clayton Christensen and I underscore that there is true disruptive potential in online competency-based education (CBE) aligned to workforce needs even though the parts of this whole are not at all new.

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Disruptive technologies: Advances that will transform life, business, and the global economy

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McKinsey Global Institute publishes study on innovations that will transform life, business, and the global economy

We are in an ever changing parade of new innovations on numerous fronts. Just about every development in technology is charged as a leap forward, and we are constantly looking for the “next big thing”. However, not every upcoming innovation will truly be able to influence the business or social landscape, but some of them might be disruptive for existing conditions and change the way we live and work. As such it is important as a business leader to comprehend which technologies will matter to them and how to prepare for changes.[/vc_column_text][vc_separator][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][vc_column_text]

Disruptive technologies: Advances that will transform life, business, and the global economy. (McKinsey Global Institute)

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