In a technology-driven and digital world, companies must operate with a new set of assumptions and principles in order to remain relevant, competitive, and successful. Consider the growing number of startups companies that are doing something that once seemed unthinkable: challenging and disrupting traditional corporate giants, and the many large and highly successful businesses that are operating as ‘platforms’. The re-organisation of companies into platforms is now seen as the optimum way to succeed in this digital age. These 21st century firms leverage on networked technologies to facilitate economic exchange, transfer of information, connecting people and making predictions. These “community-driven” companies are already disrupting multiple industries, including retail, hotels, taxis, etc., and are aggressively moving into new sectors, such as financial services. How are these disruptive forces blowing up business models around the world and will they bring upon dramatic changes to the boardroom? Although there is no “one-size-fits-all” solution, there are three key interconnected strategies that all businesses need to comprehend today.
- Leveraging Current and Emerging Digital Technologies to Create More "Community-Driven" Forms of Organisation
- Building an Open and Accessible Business Culture
- Facilitating the Creation, Curation and Consumption of Meaningful "Content"
Learning Outcomes
- Understand the "gradually, then suddenly" principle of disruptive innovation.
- Discover how emerging technologies such as artificial intelligence, algorithms and blockchain are affecting organisations and business operations.
- Better appreciate how technology, content and culture are crucial in building a successful and sustainable business.
