Making digital disruption work
Many of today's pure digital plays - companies with only online activities, have a lot to learn from traditional strategy.
DeeperDive is a beta AI feature. Refer to full articles for the facts.
DIGITAL upstarts are rewriting the rules of strategy, adopting winning principles almost instinctively. Traditional incumbents and hybrids should take note.
The massive transformation of the business landscape in recent years has been driven by "digitalisation", mostly inspired by "pure plays", companies that have only online activities and are not encumbered by either the assets or the organisational inertia of most incumbent, traditional companies.
In many sectors, traditional organisations can't hope to compete effectively unless they embrace the digital economy . . . and its rules. At the same time, many of today's pure digital plays have a lot to learn from traditional strategy.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Auditors flag uncertainty on Katrina Group’s ability to continue as a going concern