Embracing Disruption: Insights from Gary Graham on Business Reinvention and the Titanic Syndrome
Embracing Disruption: Insights from Gary Graham on Business Reinvention and the Titanic Syndrome
In today’s fast-paced world, businesses are constantly grappling with change and disruption. But how can organizations not just survive but thrive in such an environment? In this episode of the *Parallels Podcast*, Gary Graham, CEO of 3is Group and Centre for Reinvention Africa, shares invaluable insights into how businesses can navigate disruption and reinvent themselves for long-term success. Below, we explore the key takeaways from this enlightening conversation.
1. The Titanic Syndrome: When Arrogance and Over-Attachment to Past Successes Sink Businesses
Gary begins by drawing a parallel between the sinking of the Titanic and the challenges many organizations face today. While the iceberg was the obvious cause of the Titanic disaster, other factors contributed to the tragedy. For example, the ship’s crew received multiple warnings about icebergs in the area, but they dismissed these warnings because they were too busy sending messages for the first-class passengers. In addition, the binoculars for the lookouts were locked away in a glass cabinet, making it impossible to spot the iceberg in time. The lesson? Arrogance, over-reliance on past successes, and an inability to recognize emerging challenges can sink a business, just as they did the Titanic.
This is what Gary calls the *Titanic Syndrome*—an organizational mindset that ignores new realities and emerging threats, believing that past successes will continue to ensure future success. The key takeaway: businesses must stay agile and open to change, instead of clinging to outdated practices.
2. Reinvention: The Key to Navigating Disruption
At 3is Group, Gary’s work revolves around helping businesses turn disruption into opportunity through reinvention. According to Gary, reinvention is not a one-time event but an ongoing process. It’s about creating a system that allows organizations to constantly adapt and innovate. As he explains, businesses often face “change fatigue”—a sense of being overwhelmed by the constant barrage of disruptions in today’s world. From geopolitical shifts to technological advancements, the level of disruption has increased significantly.
Gary points to an alarming statistic: between 2011 and 2017, the amount of disruption businesses faced increased fourfold. But from 2017 to 2022, that number skyrocketed by 200 times. This means that on average, businesses are now facing 50 times more disruption than just five years ago. With this in mind, it’s no surprise that many organizations feel fatigued and struggle to keep up.
So, how can businesses respond? The key is to embrace reinvention—not as a one-off project but as a continuous cycle. Gary likens it to taking a “mental shower” for your business: regularly washing off outdated practices, rethinking strategies, and refreshing your approach to remain relevant.
3. The Difference Between Change and Reinvention
Gary also differentiates between change and reinvention. Change, he says, is often reactive—something that happens to a business that forces it to adjust. Reinvention, on the other hand, is proactive. It involves consciously redesigning a business’s processes, culture, and strategies to align with new realities.
Many businesses fail to realize that they need to build a system for reinvention, just as they would build systems for other aspects of their business. Without this system, organizations may find themselves stuck in old patterns, unable to adapt to the rapidly changing landscape.
4. Overcoming Resistance to Change
One of the biggest challenges businesses face when attempting to reinvent themselves is resistance to change. People are hardwired to prefer certainty and predictability. Gary shares a humorous yet telling anecdote from his early days in business: when recruiting, people often claim they “love change”—a statement that usually proves untrue once they’re faced with real disruption. The reality is that most people prefer stability and are uncomfortable with uncertainty.
This resistance to change is something businesses must overcome. As Gary explains, the ability to thrive in times of disruption requires not just the right mindset, but also the right tools and methods. Reinvention is not just about “thinking” change—it’s about having a structured approach that enables businesses to respond to disruption effectively.
5. Reinvention: A Lifelong Process
Gary compares reinvention to fitness. Just like an athlete who wants to get in shape, a business must take regular action to stay fit and agile. You can’t expect to reinvent your business by simply sitting around thinking about it—you need a clear strategy, the right tools, and a mindset that sees disruption as an opportunity for growth, not a threat.
This is where 3is Group comes in. Gary and his team help organizations build this “reinvention system,” which ensures that businesses are not just reacting to change but proactively shaping their future. The goal is for businesses to see reinvention as an ongoing process—a way of life.
6. Global Reach and Local Impact: Reinvention for Leaders Worldwide
Gary’s expertise in reinvention spans the globe. Through his work with the Centre for Creative Leadership (CCL) and partnerships with organizations like the Gates Foundation, he helps leaders in Africa and beyond navigate challenges in sectors like public health and business. He notes that while the nature of disruption may vary across regions—from economic challenges to climate change—organizations everywhere are facing the same overarching issue: how to reinvent themselves in the face of constant disruption.
This global perspective allows Gary to see the universal challenges faced by businesses, no matter where they are located. And the solutions he offers are just as universal: a systematic approach to reinvention, grounded in data and informed by real-world experience.
7. Data-Driven Reinvention
One of the key aspects of Gary’s approach to reinvention is the use of data. In today’s digital age, data is a powerful tool for driving change. Gary emphasizes that businesses must not only rely on intuition or experience but also use data to fuel their reinvention efforts. By analyzing trends, customer behavior, and market conditions, businesses can make informed decisions about where to innovate and how to stay ahead of the curve.
8. Shifting from “What Can I Get?” to “What Can I Give?”
Another profound shift that Gary highlights is a change in mindset around networking and collaboration. In traditional business models, networking is often seen as a way to get ahead—what can I get from this relationship? But Gary advocates for a new approach: networking for the sake of service and contribution. This shift—moving from a “give me” mentality to a “how can I help?” approach—has the potential to foster more meaningful, long-term connections that benefit everyone involved.
This is something Gary sees in the work of the Africa Scotland Business Network (ASBN), which he helped establish. By focusing on creating a space for collaboration and benevolence, ASBN has built a global network of businesses that help each other grow and thrive.
9. The Future of Business Reinvention
Looking ahead, Gary believes that businesses must be prepared to reinvent themselves more frequently than ever before. Some sectors are already seeing the need for reinvention every 12 months or less, just to survive. The pace of change is accelerating, and businesses that fail to keep up risk becoming irrelevant.
As Gary puts it, businesses must “experiment” with new ideas, just as a startup might test a minimal viable product (MVP) before scaling it. By embracing experimentation, businesses can remain agile and ready to respond to change, rather than be overwhelmed by it.
Conclusion: Reinvent or Risk Being Left Behind
Gary Graham’s insights are a wake-up call for businesses everywhere. In a world where disruption is the only constant, reinvention is no longer optional—it’s essential for survival. By embracing a mindset of continual innovation, leveraging data, and cultivating a culture of service and collaboration, businesses can navigate the stormy waters of change and come out stronger on the other side.
As Gary aptly puts it, “We need to network for what we can give, not just what we can get.” This philosophy not only fuels personal and professional growth but also creates lasting, meaningful impact across the business world.
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Whether you’re a leader looking to reinvent your organization or an entrepreneur embarking on a new venture, the lessons shared by Gary Graham offer invaluable guidance on how to stay ahead in an increasingly unpredictable world. The future belongs to those who can embrace change, leverage disruption, and constantly reinvent themselves.