A symbolic historical event is the eruption of Mount Vesuvius near the city of Pompeii, Italy, in the first century AD. While there was ample time to flee, those living in the area did not recognize the warning signs provided by the mountain. Had they paid closer attention, they could have avoided tragedy and devastation.
Your business is not immune to change. Pompeii reminds us how unexpectedly your environment can be altered and how quickly you can be blindsided by seemingly inescapable dangers. One of the biggest dangers for organizations everywhere is the danger of misjudging trends that can render their business obsolete. Similar to how the residents of Pompeii could have been more aware of their surroundings, businesses need to know what is happening all around them – in the market, with their competitors, with their customers and non-customers.
Which brings me to the latest industry to become obsolete: the telegraph industry. According to Business Insider:
At the Bharat Sanchar Nigam Limited (BSNL), India's state-owned telecom company, a message emerges from a dot matrix printer addressing a soldier's Army unit in Delhi.
"GRANDMOTHER SERIOUS. 15 DAYS LEAVE EXTENSION," it reads.
It's one of about 5,000 such missives still being sent every day by...
[Image via Atlantic-Cable.]