David Teece on Digital Transformation

Pymnts – ICLE Academic Affiliate David Teece was quoted by Pymnts in a story about the challenges business face as they try to keep pace with digital transformation. You can read full piece here.

David Teece, executive chairman at Berkeley Research Group (BRG), economist and expert on corporate transformations (and author of “Dynamic Capabilities and Strategic Management: Organizing for Innovation and Growth”) told Karen Webster that “you have to have a 360-degree radar because with digital transformation and digitization, traditional industry boundaries are blurred. Markets are blurred. The way you think things are organized is no longer true.”