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Digital Transformation Or Digital Free Fall: What Every CEO Must Know

N2Growth Blog

The speed of technology advances in the market are making the old paradigm of first mover versus fast follower largely irrelevant – every business must now become some version of a first mover. My advice is to business leaders is this – don’t just throw money at the symptoms, fix the problem.

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How To Think About Innovation Differently

Joseph Lalonde

Move fast, follow momentum – The future is always changing. Never ever, ever, ever, ever give up is terrible advice for innovation. You are able to take challenges on because you see that there’s nothing to lose. If we think we are big and significant, our risks will be small and insignificant.

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Why Companies That Wait to Adopt AI May Never Catch Up

Harvard Business Review

They are planning to be “fast followers” — a strategy that has worked with most information technologies. But this sort of skill is quite different from providing advice about what stocks and bonds to buy, and will take some time to inculcate. We think this is a bad idea.

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Strategic Choices Need to Be Made Simultaneously, Not Sequentially

Harvard Business Review

The CEO of a large Australian company called me to relay a particular strategy development problem his firm was facing, and ask for my advice. Despite what many think, there are not generically great ways to win — e.g., being a first mover or a fast follower or a branded player or a cost leader.