Patterns of Disruption and the Great Transformation (part 2)
by Haydn Shaughnessy
In innovation and transformation we have avoided looking at the structural transformation of industries. This is arguably due to the fact that so many industries are changing at the same time, making the analysis of structural change an overwhelming task. Other reasons include: the fact that the change driver is not technology and nor is it an exogenous shock such as a fast rising emerging economy. Instead we have moved into an era where a combination of factors can quickly fragment an industry from tight vertical integration to broad horizontal dispersion. The diagram below summarizes disruption forces in the IT and telecoms space from the late 1990s onwards. Reading the diagram from the left, […]