This is the most common point of failure. Digital transformation requires a culture of experimentation. Leadership must move from a "fail-safe" mentality to a "safe-to-fail" environment where teams can test ideas without fear of retribution.
Historically, disruption took decades. Today, it happens in years. Examples include: digital disruption and transformation pdf download
When digital technologies & business models fundamentally change how industries operate, displacing established market leaders. Example: Streaming (Netflix) disrupting cable TV; Uber disrupting taxis; Airbnb disrupting hotels. This is the most common point of failure
Download this page as a PDF via File → Print → Save as PDF, or copy into your preferred document editor. disruption took decades. Today