It is predicted that half of the S&P 500 will no longer be a part of that list within 10 years.1
Disruption is all around us, and it is continuous. There will always be new markets created, financial market crises, election years, trade wars, virus breakouts, floods and other natural disasters, and more. Last year alone, the amount spent investing in digital technology reached almost $2 trillion. The creation and pace of new business models such as Uber, Airbnb, Tesla, and others will continue to disrupt the way we innovate, organize, develop and train, and most importantly, lead.
When we are the business that is getting disrupted, it’s easy to fall ball back on what we know. Neuroscience tells us that when we are in high-stress situations, it’s easy to resort to familiar patterns and experiences that have worked for us before. Unfortunately, our tendency is to back away from learning during stress, but we do our best thinking – and learning – when we are in uncharted territory! When we are not the experts, we become the “interns,” and we begin to ask thoughtful questions, take in new data, and pull diverse thinkers and experience into the discussion.