article thumbnail

Leadership and Digital Transformation

N2Growth Blog

Even the swiftest of fast followers will struggle to not choke on the dust of first movers in today’s world. Stop thinking about managing the risk of technology, tools, and process improvement. If you’re stuck in the purgatory of a legacy based business model, don’t transform – reinvent.

article thumbnail

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. Many leaders have fallen into the trap of believing digital transformation is like playing a game of technology catch-up.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Leadership Lessons: The Velocity Manifesto

Leading Blog

In today’s high-velocity environment, Scott Klososky believes you need to understand how to guide your organization in the implementation and usage of technology—in short, how your organization “does” technology. [As The thing you want to be these days is a “fast follower.”

article thumbnail

First Mover or Fast Follower?

Harvard Business Review

Yet, here are some of the questions that audience members asked me at a talk I gave at a recent banking conference (courtesy of Pigeonhole , one of my favorite Singaporean startups): "There are often education costs and risks of losing business among the technology laggards. Are the majority of our banking customers ready for change?".

article thumbnail

Is Blogging Dead?

N2Growth Blog

Many successful bloggers today were not necessarily first-movers, but rather fast-followers able to leap frog the early adopters. Where Are We Now?

Blog 353
article thumbnail

Samsung Pay’s Older Technology Could Be an Advantage

Harvard Business Review

But Samsung’s new mobile wallet strategy may be a sign that they are finally becoming a true leader and shedding their image as a fast follower. The irony is that they are embracing an older payment technology to pave the way for new growth, new visibility, and new strategic wiggle room.

article thumbnail

The Building Blocks of Successful Corporate IT

Harvard Business Review

But massive disruptions in business models, technology, and the work force have been throwing up massive new challenges for CIOs and other technology leaders. Consequently, CIOs and business leaders with a technology focus face more cacophony and challenge than ever before. Organizational DNA. See accompanying chart.)

CIO 8