How to Unlock the Power of Disruption to Future-Proof Your Business
DisruptREADY co-founder Henry Hays provides valuable insights on embracing change, adopting new technologies, and staying ahead of the competition.
In a world where disruption has become the new normal, it's time for businesses to adapt and thrive or risk falling behind.
But how can you get ahead of the curve and flourish in these uncertain times?
Stay tuned for the latest episode of The 3 Wins Podcast!
Welcome to The 3 Wins, a financial podcast presented by Legacy Advisory Partners for growth-minded entrepreneurs and business leaders like you.
In each episode, we dive deep into topics at the intersection of financial growth, leadership development, and corporate culture.
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On the Docket Today:
Episode: 37
Guest: Henry Hays, Co-Founder of DisruptREADY.
Agenda: In this episode, you’ll learn about:
Embracing change and disruption as a leader to drive business success, using historical examples as a guide.
Understanding and navigating the psychology of change, taking into account the influence of age on our response to it.
Leveraging ChatGPT and AI to transform your business, making it more efficient and disruptive.
Fostering a culture of education and innovation within your organization to encourage the adoption of new technologies.
Identifying industries with the most potential for disruption, such as finance, education, and healthcare, and capitalizing on the opportunities they present.
Read time: 3 min.
Episode length: 44 min.
Let’s dive in!
In Episode 37 of The 3 Wins Podcast, DisruptREADY co-founder Henry Hays shares valuable advice on how to embrace change and turn it into your competitive advantage.
Below are 15 tips pulled from the episode to help you navigate through the turbulent waters of disruption and come out stronger on the other side.
Watch the full episode.👇
1. Embrace the disruption.
Adopt a growth mindset by embracing the idea that change and disruption are opportunities for growth and innovation rather than threats to your business. This mindset can help you view challenges as chances to learn, adapt, and evolve.
2. Educate yourself on emerging technologies.
Stay informed about cutting-edge technologies such as ChatGPT, blockchain, and artificial intelligence, and determine how they can be integrated into your strategy or operations.
3. Be proactive in adopting new technologies.
Don't wait for competitors to adopt new technologies before considering them for your business. Be an early adopter and gain a competitive advantage by staying ahead of the curve.
4. Focus on understanding your future customer.
Identify who your future customers will be and strategize on how to reach them effectively.
5. Cultivate a nimble and adaptable mindset.
Leverage the agility of smaller businesses to move quickly and adapt to new technologies and market changes.
6. Encourage curiosity and exploration.
Foster a culture within your organization that encourages employees to be curious and open to new ideas. This can lead to increased innovation and a more adaptable workforce.
7. Invest in the right executive team.
Build a team with the necessary expertise and vision to guide your business through disruptive changes.
8. Foster a culture of collaboration.
Encourage teamwork and cooperation within your organization to harness the collective power of your employees in achieving your goals.
9. Collaborate with other industry players.
Building partnerships with other companies, startups, or academic institutions can help you stay at the forefront of innovation and gain valuable insights into new ideas and technologies.
10. Invest in continuous learning.
Make it a priority to stay updated on the latest industry trends and technologies by attending conferences, webinars, and workshops. Encourage employees to do the same and share their learnings with the team.
11. Be proactive, not reactive.
Approach disruption by going on offense, seeking out opportunities rather than waiting for them to come to you.
12. Encourage experimentation and risk-taking.
Create an environment where employees feel safe to experiment with new ideas and take calculated risks. This can lead to breakthrough innovations and help your organization stay ahead in the face of disruption.
13. Develop a strong change management process.
Implement a structured approach to managing change within your organization, ensuring that employees are well-informed, engaged, and supported throughout the transition process.
14. Communicate the importance of embracing change.
Ensure that everyone in your organization understands the necessity of embracing change and disruption. Communicate the benefits of staying agile and adaptable, and celebrate successes that result from embracing new ideas and technologies.
15. Consider seeking external guidance.
Engage with experts like DisruptREADY to help your organization navigate the changing landscape and prepare for future disruptions.
That’s a wrap!
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Resources Mentioned in the Episode:
Listen to Ep 22 with Phil Nicaud: https://apple.co/40oo55H
Learn more about DisruptREADY: https://disruptready.com
Additional Resources:
To learn more about how to apply The 3 Wins Framework in your business, download our FREE whitepaper, “The 3 Wins: How to Unleash the Collaboration Effect on Profits in Your Company,” here: https://www.legacyadvisorypartners.com/signup-for-free-book-download.html#gref
The Great 8: A New Paradigm for Leadership, by J. David Harper, Jr., CEO of Legacy Advisory Partners: https://www.amazon.com/Great-New-Paradigm-Leadership/dp/0986233609
Where to Find The 3 Wins Podcast:
YouTube (Legacy Advisory Partners Channel)
Connect with our Guest:
Henry Hays Consulting: https://henryhaysconsulting.com
Henry Hays on LinkedIn: https://www.linkedin.com/in/henryhays
Connect with our Host:
Russ Clemmer, president of Legacy Advisory Partners
Russ Clemmer on LinkedIn: https://www.linkedin.com/in/russclemmer/
The 3 Wins Podcast is presented by Legacy Advisory Partners:
https://www.legacyadvisorypartners.com/
Connect with our Producer:
Sean Lyden, CEO, Lyden Communications; Publisher, Systematic Selling:
Sean Lyden on LinkedIn: https://www.linkedin.com/in/seanlyden/
Disclaimer:
The 3 Wins Podcast is brought to you by Legacy Advisory Partners.
Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer member FINRA/SIPC. Advisory services through Investment Advisor Representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Legacy Advisory Partners are not affiliated.