4min chapter

Wisdom From The Top with Guy Raz cover image

IBM: Lou Gerstner

Wisdom From The Top with Guy Raz

CHAPTER

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode