Listen to “The Founder of Travelocity Tells Us How to Beat This Latest Disruption” on Spreaker.
If there is one area that is a mess right now during the Pandemic of 2020 it’s the travel industry. How can these industries beat this latest disruption?
Terry Jones who is the founder of Travelocity.com and founding chairman of Kayak.com, is author of the new book Disruption OFF. Terry began his career as a travel agent, jumped to two startups and then spent 20 years at American Airlines, serving in a variety of management positions including Chief Information Officer. While at American he led the team that created Travelocity.com, served as CEO for six years, and took the company public. After Travelocity he served as Chairman of Kayak for seven years until it was sold to Priceline for $1.8 billion.
Terry makes the point that if your competitor makes the big change, its a disruption, if you do, its an innovation!
We discussed:
- How is the current disruption businesses face because of the coronavirus the same or different from disruptions usually caused by advancing technology?
- What can businesses be doing during this time to rethink their business models?
- How will business be different after this virus and what changes are companies already making to prepare for a post Covid world?
- What advantages do established businesses have in handling a disruption?
- What advantages do startups have?
