Thread by @IshaLeadership

The Hummingbird Effect: an event in one field can trigger completely unexpected outcomes in entirely different domains. The connectivity cannot be predicted or planned. It is only knowable in retrospect. @Raman_Roy at #IshaInsight @Quatrro

@Raman_Roy @Quatrro The manifestation of the hummingbird effect is seen more vividly as smartphones touch unintended industries. Smartphones have now allowed easy access to banking, education, and entertainment and the lives of billions of people are getting transformed. @Raman_Roy at #IshaInsight

Innovations can’t always be planned. Accidents happen that lead us down entirely different paths. The key here is to be open-minded to the unexpected and recognize the opportunity. @Raman_Roy at #IshaInsight @Quatrro

Disruption, or innovation, changes the basis of competition bringing a totally new set of industry dynamics. Music industry CD revenue plunged 84% in just 10 years. Streaming came out of nowhere to generate 2.4bn dollars of revenue. @Raman_Roy at #IshaInsight @Quatrro

Change is the only constant and we have to adapt. There is nothing that will not get disrupted. If it is not getting disrupted, put a few smart people together and they will create an opportunity which will create disruption. @Raman_Roy at #IshaInsight @Quatrro

Collaboration is the future. The supply chain is a kind of collaboration. Somebody else does the work, makes a profit in doing that work, and collaborates with the rest of the industry. Being able to see the possibilities - that is entrepreneurship. @Raman_Roy at #IshaInsight