Post by arfankj4 on Mar 6, 2024 20:46:39 GMT -7
Other Articles In This Series Big Messages Small Screens Many ChoicesDigital Initiative Summit Companies Must Forget—and Borrow by Dina Gerdeman Entering the digital economy commercial giants must adapt to new ways of doing business but not forget how they achieved success in the first place.
As companies ride the digital wave many find that switching up old tired practices and deviating from the norm can be crucial to survival. But sometimes things can be taken too far. During the Digital Initiative Summit at Harvard Business School on March business leaders agreed that large established organizations are wise to consider radically new approaches that address changing needs Poland Mobile Number List of consumers in today s digital age. Yet companies should be wary of the temptation to toss out all existing practices because they risk inadvertently losing long standing and in some cases quite effective business strategies. Companies might ultimately find more power in adopting a nuanced approach that borrows tested traditional tactics and combines them with fresh new ideas said Bharat N. Anand Henry R. at HBS and faculty chair of HBX the school s new online education program.
We often think of ideas in the visual space arising through creative genius. But they actually are shaped through experience Anand said during a summit session called Transforming Giants Forget … and Borrow. Also leading the session discussion was John Winsor founder of the Victors Spoils ad agency in Colorado who noted that when his agency sold its majority stake to global communications firm Havas in he was faced with trying to innovate within a larger more bureaucratic organization.
As companies ride the digital wave many find that switching up old tired practices and deviating from the norm can be crucial to survival. But sometimes things can be taken too far. During the Digital Initiative Summit at Harvard Business School on March business leaders agreed that large established organizations are wise to consider radically new approaches that address changing needs Poland Mobile Number List of consumers in today s digital age. Yet companies should be wary of the temptation to toss out all existing practices because they risk inadvertently losing long standing and in some cases quite effective business strategies. Companies might ultimately find more power in adopting a nuanced approach that borrows tested traditional tactics and combines them with fresh new ideas said Bharat N. Anand Henry R. at HBS and faculty chair of HBX the school s new online education program.
We often think of ideas in the visual space arising through creative genius. But they actually are shaped through experience Anand said during a summit session called Transforming Giants Forget … and Borrow. Also leading the session discussion was John Winsor founder of the Victors Spoils ad agency in Colorado who noted that when his agency sold its majority stake to global communications firm Havas in he was faced with trying to innovate within a larger more bureaucratic organization.
