
IBM: Lou Gerstner
Wisdom From The Top with Guy Raz
00:00
The Future Is in Cards, Not Paper Base Checks
In 19 78, travellers checkes were still hugely profitable for american express. There was resistance inside the company to actually what i guessedtha they sort of saw the cartasa as an internal competitor. But don't you think that at kodak, digital photography was views a a competitor by the guys who made the little yellow box is? And so this is a a practice or a behavior that i ihave termed the success in drome - where there 's a business that is enormously successful and then a threat comes along.
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