Bryce Biggs to talk on business disruption, opportunities, and winning business models

PIETERMARITZBURG, South Africa - March 10, 2015 - PRLog -- Bryce Biggs is one of four speakers featured at the PCB workshop on Business 2020 that takes place on 24 and 25 March 2015. The workshop on the 24^th is aimed at start-ups, while that that on the 25^th is for established businesses. Speakers (Dr Clive Coetzee, Dr Leon Grové, Dr Rob Smorfitt, and Bryce) will tailor their messages each day to meet the needs of the two audiences.

On the 24^th, Bryce will focus on business opportunities resulting from current digital disruption as well as on what you need to do to create a viable business model. On the 25^th, he will focus on how one maximises the market/sale value of your business and whether or not your business model is likely to endure until 2020.

Bryce says “The list of businesses and professions that is currently being disrupted or is about to be disrupted –often on a massive scale - is a long one. It includes education, health, manufacturing, retail, security, and transport.

Two examples of disruption from the health field: In the USA one of the highest paid medical professions - anaesthesiology - is currently in the early stages of being replaced by machines (e.g. Sedasys from J&J). At present, this replacement is only in certain routine procedures.

Also in the health field - a recent blood-testing innovation is set to disrupt a major (highly profitable) health service sector. The innovation comes from a business owned by a 31-year old who is the wealthiest self-made woman billionaire in the world (she is worth $4.5 billion according to Forbes). In both these cases of disruption, patients (and medical aids) stand to save significantly.

New business models are developing every day. Businesses that lock into previously tried and tested business models run the risk of being eliminated in the next 5 to 10 years”.

The good news for small business according to Bryce? If you can survive the increasingly litigious and regulated business environment, you may be able to leap ahead of established competitors. This is because you are not emotionally, financially, and/or intellectually invested in an existing – often failing – business model.

Bryce Biggs of Bryce Biggs Consulting is coordinating the Business 2020 workshops on behalf of the PCB. For more details on the workshops, which will take place at the Chamber offices in Pietermaritzburg, contact Lorna Jones on 033 345 2747 or at function@pcb.org.za.