This Week’s Focus: A client of mine, Rick, began his career as a mining engineer – before he became involved in corporate M&A. In fact, one of his first jobs was mining for gold in Bolivia.
The gold was found in the fast-flowing rivers in the mountains, and most of the mining companies developed sophisticated equipment to filter the material at the bottom of the riverbed with the aim of picking up the gold. The work was costly and laborious.
Rick’s team had a different idea, however. They planted some dynamite, blew up the river and changed its course down the mountain. As a result, the team members could simply walk down the old – and now dry – riverbed, picking up the nuggets as they went along.
In strategy, disruption is mandatory. If you’re not changing your market, you’ll never be able to lead it. The simple truth is that you can’t solely focus on incremental change – sometimes you need to move the river.
Where are you being bold and using explosives to change and lead your market?
Off The Record: I Bet That You Look Good On The Dancefloor by Arctic Monkeys
And your shoulders are frozen (cold as the night)
Oh, but you’re an explosion (you’re dynamite)
Your name isn’t Rio, but I don’t care for sand
Lighting the fuse might result in a bang, with a bang-go!
© Stuart Cross 2016. All rights reserved.