Tag Archives: disruption

pattern

Industry Level Pattern Recognition

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I find the concept of an industry becoming “dematured” to be intriguing. I came across it in this paper in Strategy + Business. The basic idea is that many industries become disrupted not because of the stereotypical sudden change but an accumulation of gradual, prevalent, multifaceted, dynamic, interacting factors. These are just as hard to predict, even though they occur slowly, because we don’t notice them until our industry has been disrupted. It is a question of pattern recognition and change blindness, similar to what we see with banner blindness and the curse of expertise.

Dematurity is what happens to an established industry when multiple companies adopt a host of small innovations in a relatively short time. Those seemingly trivial moves combine to rejuvenate the old mature industry and make it young again.