Disruptive Technology& the impact on SME’s

Driving strategy, skill development & leadership.

REDARCProfile

Privately OwnedEstablished 1979High powered advisory board172 StaffQuality & Environment AccreditationsTelstra Australian Business of the Year 20142 locations35 Engineering staff

What wedo…

We design and manufacture electronics products for all types

of vehicles, and we do this in Australia.

CompanyValues

DisruptiveTechnology

Internet of ThingsArtificial Intelligence3D printingAugmented RealityShare CultureCryptocurrencyBig DataAutonomous Vehicles

DisruptiveTechnology

What is disruptive technology?

“It is a product or service which creates a new market or category and in the process weakens or destroys an existing market or category.”

Drivers ofChange

What drives change?• Technology• Legislation• Competition• Customers• Strategy• Innovation• Culture

Dealingwith Change

• Reacting• Anticipating• Leading

“The best-performing firms lead change in their industries.”

Leading change is the domain of industry disruptors!

DrivingInnovation

REDARC drives innovation through:• Established culture• R&D Investment• Technology roadmap• Market intelligence• Industry affiliations• University/TAFE

NurturingLeaders

Empowerment through training, involvement and opportunity.

• Staff training• Higher education support• Internal promotions and

opportunities• Collaboration

“Train people wellenough so they can

leave; Treat them well enough so they

don’t want to.”Sir Richard Branson

Snapshot

Average age is 37 years oldAverage length of service 5 years

Male : Female ratio of 78 : 2252 staff studying at TAFE or Uni

Engineering

35

Production

79Quality & Bus. Improvement

16

Admin/Finance

8

Sales & Marketing

25

Workforce

2014 Telstra AustralianBusiness of the Year

Regulation 10 Conformity of Production

2017 Top 20Businesses of Tomorrow

2017 & 2018 SEMA Global Media Award Winner

AnyQuestions?

Thankyou for listening.