Companies can respond to disruption in several ways:
Embrace Innovation: Foster a culture of innovation and continuously seek out new opportunities. Invest in R&D: Allocate resources to research and development to stay ahead of the curve. Collaborate: Form partnerships or acquire disruptive startups to integrate new technologies and ideas. Adapt Business Models: Be willing to change existing business models to better meet evolving market needs. Customer Focus: Stay attuned to customer needs and preferences to deliver better value.