Incumbent organisations are painfully aware of the existential threats coming their way as industries become increasingly digitised. They’ve always had to compete with start-ups, but thanks to emerging technologies, new competitors can grow exponentially within a very short space of time, completely wiping out businesses that fail to commit to digitisation. If your business is under threat, it’s time to start closing that innovations-execution gap and taking risks that will at least provide you with a chance of competing with digitally native newcomers, as well as innovative incumbents.
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