Published: 16 August 2023
Digital business is evolving into digital industrialization, and the industries at most immediate risk are asset-heavy with expensive, customized, engineered processes and designs. Incumbents in these industries will prosper if their executive leaders adopt protransformation behaviors, illustrated in four fables.
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A rigid mindset poses the greatest risk on the eve of transformation.
An ambitious vision is a surer path to success in digital industrialization than incremental improvements.
The fundamentals of your industry will change when the right technology emerges, whether you want them to or not.
The way to surpass the best products on the market is often to innovate rapidly on less sophisticated designs.
Executive leaders guiding their enterprise through digital industrialization should follow these precepts:
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