The elections in four states are over and the results are out. Though none of the results were shocking, a definite trend seems to be emerging in many states. Indian politics is getting disrupted. The first signs of disruption were in 2011, when the Trinamool Congress (TMC) coming into power in West Bengal after defeating the incumbent of 34 years. Then the Aam Aadmi Party (AAP) came to power in Delhi, albeit for a very short time followed by the BJP storming the centre and reducing the incumbent Congress to less than 10% of the seats. Then the AAP whitewashed the Delhi elections, an unlikely partnership of erstwhile sworn enemies – Nitish Kumar and Lalu Prasad Yadav won Bihar, TMC retained West Bengal and the Congress is nearly wiped out. Sounds familiar! A well set giant falling to an upstart. David winning against Goliath.
Nokia, Kodak, Blockbuster Video Rentals, Barnes & Noble Booksellers and a host of well-set companies losing out to disruptive competitors. And it’s not that they did not know or could not prepare about the disruption. In fact in Kodak’s case it was quite the opposite. Steve Sasson, the Kodak engineer who created the first digital camera in 1975, has documented the response to his invention this way: “Management’s reaction was, ‘That’s cute — but don’t tell anyone about it.’” So Kodak’s leaders were aware, but in denial. There’s a lesson to be learnt from this for all of us. Especially the political parties in India……and now the USA too!