The digital world presents new challenges for every organizational leader. Do you fold digital capacities onto your organization, or do you remake the business entirely? This collection of articles from MIT Sloan Management Review examines how executives are responding today — and the ways they can be smarter in the future.
From “The Right Response to Digital Disruption”:
- A McKinsey & Co. survey of 2,000 C-suite executives in more than 60 countries looked at how digitization is unfolding across industries and how incumbents are responding. With some notable exceptions, the answer is: “Not well.”
- The survey found that digitization has a significant negative impact on the profits of incumbents through two loop effects: digital entrants ...