Upon reflection of the Chilli IQ 9th Managing Partners Forum this year’s theme ‘Responding to the Disruptive Universe’ highlighted the technology transformation challenges faced by today’s law firms. What is a disruptive technology? This term was first coined by Harvard Business School professor Clayton M. Christensen in his book ‘The Innovator’s Dilemma’. A disruptive technology is one that displaces an established technology and shakes up the industry or a ground-breaking product that creates a completely new industry.
The first session of the forum ‘The World As We Know It’ presented by the founders of Future Crunch discussed the concept of disruptive technologies or innovations and the impact they have on our lives. The ideas of tomorrow are here today with 3D printers, industrial robots and autonomous cars to name just a few. Are we ready to embrace these technological advancements into our personal and business lives? The advent of Cloud computing has fast become a major disruptive innovation with firms reducing overheads and cost on hardware, maintenance and IT support while taking advantage of the overwhelming benefits from having their data available anywhere at any time, all with just an internet connection.
This session also raised the concept that as a community we thrive of a negative bias fed by the media with a fear based retrospect, however innovation is born from optimism. Optimism increases creativity and creativity feeds innovation.
In Day Two of the conference, Dr Richard Chambers introduced a similar theme focussing on the importance of being mindful and in tune, rather than falling back on feelings of negativity and self-criticism. Our lives are constantly filled with distractions including those from digital technology. Attendees to Dr Chambers’ session received a brief introduction to Mindfulness through closing their eyes and focusing on just one task, rather than being distracted by the ‘multiple’.
LawMaster congratulates Chilli IQ on a very successful Managing Partners Forum and looks forward to next year. For more information on upcoming Chilli IQ events, please Click Here.
Numerous articles have been published on Disruptive Technologies, Click here to hear more from Future Crunch on this topic.
Lawyers Weekly recently published an article on technologies transforming the traditional law firm, click here to view this article.