From Tried and True to Something New: The Energy and Utilities Industry Wrestles With Disruptive Innovation
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“Disruption” and “utility” are two words that were never meant to go together. The always-on, 24/7/365 nature of water and power is the industry’s defining characteristic. It’s not surprising then that executives and board members in the energy and utilities industry group would find disruptive innovation, and its related effects on people, processes and culture, to be a “significant impact” risk for 2018.
In this article, Protiviti’s Tyler Chase explores how the energy and utilities industry is handling the risks associated with disruptive innovation, as well as some of the other risks revealed in the [2018 Executive Perspectives on Top Risks survey].