Wednesday, December 23, 2015

BRotD - Entry 0239 Retail Transformation

Best Reading of the Day

Forbes has a great read that is well worth your time if you like tech, mobile, retail, and everything else I write about in this blog.

Read on:

http://www.forbes.com/sites/nitinmangtani/2015/12/22/solving-the-innovators-dilemma-one-touch-at-a-time/

Here is a snippet from the piece:

Why do many successful, well-managed companies that seem invincible, suddenly get impacted by unlikely competitors – companies that were tiny, or that didn’t even exist?

As many of you may recall, this concept was highlighted in the best selling book, “The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail.” Harvard Business School professor Clayton Christensen’s groundbreaking book explained how companies sabotage their future success by focusing too much on their current products and strategy, and underestimating the potential of emerging, disruptive technologies and business models.

This central thesis remains highly relevant today, as evidenced by how mobile commerce is shaking up the retail and consumer marketplaces.

Happy Reading,

J.W. Gant

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