A few years ago we became aware of a phenomenon referred to as “Digital Disruption” which refers to the changes that are occurring due to the development of digital technologies at a pace and magnitude that will disrupt established ways of value creation, social interactions, doing business and more generally – the way we think.
It challenges you to find new ways, new procedures, new thought processes and to learn new skills.
As advisors we assist business owners and leaders in many different industries who are struggling to cope with the rapid changes occurring, and who are struggling to lead their teams into the future.
Even in our own industry, Steve and I as leaders of our team need to cope with the pace of change.
Generally speaking, many of us are reluctant to change. We like the comfort of knowing. Knowing that if we do this, we will get that result, knowing our tried and tested procedures and systems, knowing how and what our competition is doing, and knowing where we stand with others.
In times of change, we often “don’t know”.
However, as leaders, we need to embrace change, and support our team during periods of transition. We need to make informed decisions, but we also need to make them quickly and communicate clearly and openly with our team.
We need to minimise the chaos of change.
Socrates is quoted as saying “The secret of change is to focus all of your energy, not on fighting the old, but on building the new.” So let’s focus on the possibilities that digital disruption offers us and be courageous and innovative in our approach.
At Sothertons Gladstone we support our clients in times of change and pride ourselves on providing innovative solutions. Call uson 4972 1300.