THE RISKS
DISRUPTIVE INNOVATION KNOWLEDGE AND CAPABILITY
Denition:
Percentage who gave a rating of 6 or 7 on a scale of 1 to 7
We are in an era of innovative business models, fueled by disruptive technologies. This risk examines whether organizations are prepared to adapt to and/or capitalize on disruption.
Analysis: There is a fairly wide gap between the percentage of board members who see this risk as highly relevant compared to C-suite executives who do. Further, more board members perceive their personal knowledge of thisveryimportantriskasbeinghigh.However,board membersmaybeoverconfidengan tinor izations’capa bility to manage Disruptive Innovation as more board members see their organizations as having high capability to manage this risk than do members of the C-suite.
RISK STAGE
Quotes: “It’s a matter of awareness and research…some [innovations] come and go but others hang around, like cryptocurrency.” –C-suite, Nonprofit “We’re not innovative, change is very slow to happen. Everything is about bandaging… a preparedness and ability to adapt is not there.” –Board, Healthcare
Remained in Recognize
RISK RELEVANCE Percentage who gave a rating of 6 or 7 on a scale of 1 to 7 – Disruptive Innovation
50%
63%
77%
C-suite
CAE
Board
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