Leading Business Model Transformation: My Perspective on the Role of Executives and Leadership
In my comprehensive exploration, I examine the critical role of board executives and leadership in steering organizations through Business Model Transformation (BMT) using AI and Cloud technologies. The discussion opens by addressing the opportunity and risk associated with these technologies, highlighting contrasting views and potential outcomes. Prominent examples like Kmart Australia’s agile Cloud platform and the risks illustrated by Amazon’s Cloud service outage in Japan demonstrate the dual nature of these technologies.