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Title: Digital Vortex: How Today's Market Leaders Can Beat Disruptive Competitors at Their Own Game
Author: Michael Wade, Jeff Loucks, Andy Noronha, James Macaulay
Narrator: Mike Norgaard
Format: Unabridged
Length: 8 hrs and 9 mins
Language: English
Release date: 10-24-17
Publisher: IMD Business School
Genres: Business, Management
Publisher's Summary:
2017 winner, Axiom Business Book Award
In this book, you will learn how to use the business models and strategies of startups to your own advantage. Instead of waiting to be disrupted, you can maximize the value of your existing businesses and move into profitable new ones. Most importantly, you will learn how to build the agility to anticipate threats, sense opportunities, and seize them before your rivals do.
In today's world there are two paths: navigating to a new digital future, or being engulfed by exponential competitive change. With recommendations backed by research with thousands of senior executives from market leaders and startups alike, this book gives you a compass to chart your own course - to compete with disruptors and win.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.
Members Reviews:
Good book with very relevant guidance on how to tackle disruption as an established/incumbent player.
There are plenty of books describing some form of utilization of the innovators dilemma mechanisms combined with cheap capital and new business models mixed with digitization. However, these tends to focus on the startup situation - how to beat established companies..
It is refreshing with a book on how to "defend" against disruption, being an incumbent company (where most of us works).
Further it provides a pragmatic approach where you have options for, harvest retreat, occupy, disrupt - all as valid options depending on the situation - its not a one answer.
It is a bit long with tons of examples, and some times feels a bit blurred partly due to this in the key messages.
While the book advice "competences" that you need to have/build, and approaches you can take it is not a change management book - there is not much guidance (but a long list of examples from other companies and what they have done) on how to actually implement needed changes - but I assume this is deliberate.
Great read on how digital disruption works
Great read on how digital disruption works, inevitable movement of industries toward Digital Vortex, and why it is crucial that companies have to pursue digital business transformation to disrupt themselves and stay ahead. Finally, the "Afterword" chapter describes how this book on digital disruption got published in half the time following a disruptive approach from book cover design to content research to production.
Must Read for Executives and Change Managers
Compelling research on how industries must recognize & then reorganize for the digital tsunami that is surrounding us. Very readable yet profound insights.
Five Stars
Good text - worth the read
Don't Risk Being Left at the Station!
This compact (189 pages of text) book delivers a powerful message to today's business executive: Either climb aboard the fast-moving express of digital change, or else be left behind at the station. Its virtues -- clarity, specificity, and thoroughness of documentation -- will soon become apparent to the reader. Each thoroughly researched chapter presents key concepts in readily understandable, jargon-free language. As these concepts are unpacked, graphic examples are presented, with accompanying visuals such as charts and graphs.