Success in business means embracing digital transformation
Doing business in the digital era can be intense, as the landscape changes constantly and rapidly. How can leaders keep pace with and quickly adopt the right disruptive technologies?
According to Lisa Kay Solomon, Chair of Transformational Practices and Leadership at Singularity University, “leaders need to adopt the mindset of a technologist.”
Discussing the now defunct Tower Records versus Netflix to support her points, Solomon outlines how to think like a technologist. Keeping a close and curious eye on tech changes to recognize “the next big thing” is the first of several crucial steps. Continue reading to learn more about practicing tech-minded leadership.
Why Every Leader Needs to Be Obsessed With Technology
In the 1990s, Tower Records was the place to get new music. Successful and popular, the California chain spread far and wide, and in 1998, they took on $110 million in debt to fund aggressive further expansion. This wasn’t, as it turns out, the best of timing. The first portable digital music player went on …