Masterclass: Digital Disruptions – Winning Strategies for Legacy Companies

We are in an era of technological leaps, Big Data, Cloud Services, Internet of Things (IoT), Artificial Intelligence (AI), Additive Manufacturing (AM), and disintermediating Blockchain technology are all examples of new buzz words in many a company strategy document. At the same time, we see that legacy companies seem to evolve in a more reactive manner. This means that the rate of change within the individual legacy organisation seems to be slower than the rate of change outside of the organisation. This masterclass will deep dive into the effects of digital disruption and how to form a winning strategy in this new business environment. The masterclass is split into two parts. The first part will describe the effects of disruptive innovation in the digital space and look at the generic strategies that seems to be the most successful ones in the current business environment. In the second part we will look into the remedies that have proven successful for digital native companies as well as for legacy companies that have managed to transform themselves and adapt to the new conditions. A central aspect of this transformation is creating a culture that supports the quest for double loop learning and continuous learning from past experimentation and development.