Dialogue Q1 2020

FOCUS

The digital mindset: Like fish freed from an aquarium, leaders are swimming in deep new waters. They need a fresh outlook to survive, as Abhijit Bhaduri explains

Every day we read about organizations that are going bankrupt or becoming a shadow of what they were. When it is a retail giant like Sears that goes bankrupt, we blame Amazon. When Airbnb thrives, we sympathize with the traditional hotel chains. When Waymo launches driverless cars, we wonder about the fate of the automobile Dialogue Q1 2020

industry. The digital tsunami has changed all the rules. The convergence of technological shifts and demographic shifts has rewritten business models. It is time for leaders to recast their mindset. If yesterdayâ&#x20AC;&#x2122;s leaders were swimming in an aquarium, todayâ&#x20AC;&#x2122;s face the challenge of setting forth into the deep blue ocean.

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Dialogue Q1 2020

Published on Nov 6, 2019Business

LID Business Media

The second wave: Preparing for digital transformation New technologies are starting to transform products, services and business models that have until now looked out of reach. Yet the urgent questions confronting leaders are not about technology: they are instead about strategy, mindset, organizational capability and willingness to change. They are fundamentally human. In this issue, we look at those human dimensions. How can leaders rethink their strategies for the new environments that lie ahead? What is the mindset that will be needed? How can leaders build the organizational capabilities to thrive in the years ahead, and how can they engage people throughout their organizations? And where are the world-leading exemplars that point the way ahead?

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