That
Facebook bought WhatsApp for $19 billion and Instagram for $1 billion
baffles me particularly within the cycles of the net worth values of
these two social media apps. This is also making me to rethink the
Internet of Things (IoTs) and utilities of the Social Media. Do you
still remember KODAK MOMENT of photography. Kodak was, for a generation,
the brand that meant capturing stories with pictures. There are few
corporate blunders as staggering as Kodak’s missed opportunities in
digital photography, a technology that it invented. All indicators were
showing that the future is about digital technology but Kodak remained
skeptical. Kodak management’s inability to see digital photography as a
disruptive technology, even as its researchers called the company’s
attention to it is the blunder. While paralysis of decision-actions (The
Decision Loom) goes a long way to explaining Kodak’s slow reaction to
digital photography, its real value is as a guidepost for us today in
dealing with ever-more disruptive changes. Given that there are few
individuals not grappling with disruptive change today. Even me, I am
grappling with these digital disruptive technologies.
Even
today, digital photography is shifting; Facebook and Instagram where
users store and share billions photographs daily shutting down all other
photo sharing platforms. Whataspp, Twitter, etc all have their unique
particularities and utilities. Within the remix of your social graphs
and future realities, what are the changes you need to adopt or adapt
to? What is the disruptive technology you need to adopt in order to
remain relevant professionally and socially in the nearest 10 years?
Do
not forget this is one of the decisive and actions Kodak, Nokia,
Blackberry, etc refused to do. Whether you are an “evolutionist” or a
“creationist”, change constitutes the main element of the process in
which you believe. You remember, “survival of the fittest”. The fittest
are fittest because they have undergone change which confers on them
reproductive superiority in a constantly changing environment. Change is
the only permanent thing. Seek for improvement because it is the
largest room in the world. Have an enterprise mindset that is opened to
change. Embrace, Growth Mindset and renew your mind daily and
continually along progressive trajectories (Romans 12: 1–3).
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