Inside the Strategy Room 2. How to avoid digital strategy pitfalls
Aug 20, 2018
Authors discuss the impact of digital disruption on various sectors, emphasizing the need for companies to embrace digital. They explore the benefits of digital advancements, platforms, and data collection in expanding companies' reach. The importance of companies being good digital consumers and providers is highlighted, and the need to understand and take advantage of digital services is emphasized.
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Adapting to Digital Change
- Adapt to the rapidly changing digital landscape.
- Analyze digital strengths and weaknesses for sustained growth.
Digital Disruption's Speed
- Digital disruption's speed sets it apart from past disruptions.
- Technologies like social media achieve global adoption in mere years, unlike radio, which took decades.
Global Reach and Scope
- Digital disruption is unique in its global reach, affecting all countries simultaneously.
- This leads to global players and solutions, redefining ecosystems.