The transformation of markets and business models is driven by digital natives and digital innovation.
An automotive manufacturer transforms into an integrated mobile services agent. A bank transforms into a client oriented market platform. An energy maker transforms into a supplier for innovative energy solutions.
All three cases have in common, that traditional business models were disrupted by a mix of regulation and technological advances. Digitization allows and requires businesses to build competitive advantages through technological leadership. Profitability will thus depend increasingly on economics of transformation and to a lesser degree on established market barriers.
Those developments require corporates and banks to adapt and their organizational design. Teamwork and personal leadership are key elements of a sustainable transformation.