Over the last 10 years, the Internet has revolutionized many industries and sectors… From music to books to travel, from outsourcing to yield management to CRM, few sectors have escaped the technological revolution. New business models were born (who imagined that selling ads based on your network of friends would ever make money?), established players died (who still uses Polaroid film?), and more generally consumers adopted totally new behaviors.
In many industries, the signs of changes are already here, but it’s usually difficult for large organizations to adapt to such a fast innovation pace – from Nokia to Kodak, from Blackberry to Blockbusters, examples of huge multinationals that fail to adapt are not difficult to find.
Our analysis is that the level of technology and infrastructure has reached a point of maturity such that many business models need to be re-thought with a totally new cost structure. Our vision is that many industries – including finance – will be totally rethought, new services will be created and new players will emerge.
As cheeky as it might sound, we believe in making the world a better place. As entrepreneurs, we care – of course – about economic success, but also about our social impact. More generally, we think that entrepreneurs will have a bigger and bigger role in the economy, and have the moral obligation to think of the impact of their business on society – whether it’s robots replacing people or Artificial Intelligence taking decisions that impact humans.
We are a proud member of The Founders’ Pledge, and support Epic Foundation.
Huy Nguyen Trieu is the CEO of the Disruptive Group. He has navigated between startups and large organizations, from CEO of a startup to Managing Director in international banks, from mentor to entrepreneurs to Resident Expert at Oxford. He is fascinated by the changes happening around us, the impact of technology on many industries, and the changing dynamics between small and large organizations.
Huy is one of the rare individuals who has an operational experience both in very large banks and startups. He writes the award-winning blog Disruptive Finance, and is a frequent keynote speaker internationally.