2The Disruptability Quotient

DOI: 10.4324/9781003372707-2

CHANGE AND DISRUPTION

Change occurs when the current state is made different from the past state. As per Merriam-Webster, this concept is synonymous with remake, remodel, alter, revise, modify, and the like. The key is that change indicates action. In layman's terms, something must happen in order for a change to occur.

In today's world, change is the new norm. As change increases over time, so does risk. Risk is essentially ‘the possibility of loss or injury.’ (1) This concept is often synonymous with danger, hazard, threat, trouble, and pitfall. (1) The takeaway is that change has both upsides and downsides. The upside of change is that leaders may invent new ways of doing business ...

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