By: Geoff

Geoff — Fri, 22 Jul 2016 00:06:50 +0000

An interesting read, but I have my doubts about your starting points. I think there has been very deep and ongoing disruption at foundational levels.
China’s (and therefore Asia’s) disruption over the last few decades has stemmed from an inability of established economies to enter and dominate the market place, bringing their own culture and rules to the business game and changing the foundations of successful business in various local regions to suit themselves. This was standard operating procedure and worked for some time in smaller Asian regions.
China is strong enough globally and economically to resist this, which is highly disruptive as traditional business models have not been adaptive or dynamic.The impact may have mainly been seen in displacement, but the whole foundation of economic and business success has been disrupted by the new cultural approaches and consequent different rules that China and Asia are now bringing into the world. Established economy business has never been able to grasp or handle the fundamentally different culture and ground rules that apply, and have always analysed the major impact in their own terms, such as “low cost” or “cheap labour” – and they have limited answers because they can only work within their own established rules – the only way to beat cheap is to be cheaper, an terrible approach..
The Global Peter Drucker Forum has been examining the urgent need to change traditional business models, bring adaptive and dynamic models to the fore. To a large extent, this has been driven by the success of the Asian approach to business which has changed the ground rules, with a focus on values, trust and relationships.
So I have no doubt that China has been enormously disruptive, and it may be your frameworks that have been defining the outcomes as displacement.

Comments on: How Disruptive Can China Be? by Bill Fischer & Denis Simon

By: Geoff